1935 Wheaton Way

1935 Wheaton Way Bremerton, WA 98310

1935 Wheaton Way, Bremerton, WA, 98310
1935 Wheaton Way, Bremerton, WA, 98310 1935 Wheaton Way, Bremerton, WA, 98310 1935 Wheaton Way, Bremerton, WA, 98310 1935 Wheaton Way, Bremerton, WA, 98310 1935 Wheaton Way, Bremerton, WA, 98310 1935 Wheaton Way, Bremerton, WA, 98310 1935 Wheaton Way, Bremerton, WA, 98310 1935 Wheaton Way, Bremerton, WA, 98310 1935 Wheaton Way, Bremerton, WA, 98310 1935 Wheaton Way, Bremerton, WA, 98310
FOR SALE FOR LEASE
Property Type:
Industrial
Amount:
$775,000
Last Verified:
Sep 14, 2023

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Highlights


Description

Unrivaled opportunity for entrepreneurs and investors alike. This half acre of high bank waterfront property has amazing views of the Olympics and Port Washington Narrows. The 1,500 square foot block building underwent a complete renovation in 2021, transforming it into a modern and stylish Salon. Located in the newly established Eastside Village sub-area in Manette the building would easily lend itself to another Salon, Office or other Retail uses. The City of Bremerton has set its sights on a redevelopment of this area to boast a residential focused center with retail amenities. The new sub-area plan allows for a maximum building height of 80 feet for residential uses and 60 feet for commercial. The re-development of this area has already begun, as you drive down lower Wheaton Way you will pass multiple projects currently in the works along with several more in planning. Whether you plan to be part of the development or run your business from this exceptional property, the return on investment will continue to increase in the years ahead. There is potential for a larger development piece with a multi parcel assemblage. Contact brokers to learn more and arrange for a tour of the property.

Unrivaled opportunity for entrepreneurs and investors alike. This half acre of high bank waterfront property has amazing views of the Olympics and Port Washington Narrows. The 1,500 square foot block building underwent a complete renovation in 2021, transforming it into a modern and stylish Salon. Located in the newly established Eastside Village sub-area in Manette the building would easily lend itself to another Salon, Office or other Retail uses. The City of Bremerton has set its sights on a redevelopment of this area to boast a residential focused center with retail amenities. The new sub-area plan allows for a maximum building height of 80 feet for residential uses and 60 feet for commercial. The re-development of this area has already begun, as you drive down lower Wheaton Way you will pass multiple projects currently in the works along with several more in planning. Whether you plan to be part of the development or run your business from this exceptional property, the return on investment will continue to increase in the years ahead. There is potential for a larger development piece with a multi parcel assemblage. Contact brokers to learn more and arrange for a tour of the property.

Located in Manette


Year Built: 1966
Building Size: 1500sq ft
Lot Size: 0.48 acres

Units for Lease

1935 Wheaton Way
Space Available: 1500 SF
Lease Type: NNN

Map of 1935 Wheaton Way, Bremerton, WA, 98310

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.