Owner/User or Investment Property on High Traffic Intersection #32487727
324-328 N Callow Ave
Bremerton, WA 98312
Highlights
- Minimal Expenses, New Leases for Barber and Vape Shop, Double digit proforma CAP rate
Description
Have a vision of starting your own commissary kitchen? What about a restaurant or pub? If you have, then this property might be perfect for you. With approximately 4,800 sqft of retail/FLEX space open for improvements, and two other two Tenants, a vape shop and barber shop, with brand new 3-year Gross Leases, a new owner/user can renovate the vacant unit while absorbing passive income. Better yet, if a new Tenant were found to take over the vacant space, a property owner could possibly achieve a CAP rate in the DOUBLE DIGITS. The two established Tenants are responsible for their own utilities. The location has top notch visibility and with the unprecedented growth in Kitsap County happening right now, the income/property value has unlimited potential.
Middle of N Callow Ave in Bremerton.
