North Callow Retail/Office Building
343 N Callow Ave
Bremerton, WA 98312
Highlights
- 6.2% CAP Rate with newly signed lease
- Tenant would sign longer term for new property owner
Description
With a brand-new short-Term Tenant in place, this property is perfect for an owner user to receive some passive income while planning out their use of the space. On the flip side, at a 6.2% CAP, an investor can sit back and receive the rental income from the new Tenant, who is willing to sign a Longer-Term Lease. Either way, the property is smack in the middle of one of the busiest streets in Bremerton, which is in the process of a major economic upswing with the population influx and plans to revitalize much of the Bremerton area. Don’t miss out on a great opportunity in an area that is just starting to live up to its potential.
large amount of foot and drive by traffic
Year Built: 1935
Building Size: 2010sq ft
Lot Size: 0.07 acres
