$8,490,000
500 Pacific Avenue
Listing Type: For Sale
Property Type: Office
Status: Available
CBA ID#: 678656
500 Pacific Ave Suite 21
Bremerton, WA 98337

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Commercial Property

Marketing Description:

Sale offering for 500 Pacific Ave, a well-located and versatile office property in Bremerton, WA. The 500 Pacific Ave building stands out as a premier office asset situated in the heart of the Bremerton Central Business District (CBD). Included in theoffering, in addition to the 21 divisible suites, is a covered 82-stall condominium parking garage generating additional income, for a total of 96 on-site parking stalls.Recognized for its energy-conscious design and impeccable architecture, this Class A office building has become a staple of the downtown landscape following the 2019 $3 million renovation conducted by Rice Fergus Miller. With operational costs significantly minimized, this property offers investors a distinctive and cost-effective entry into a rapidly expanding submarket.

Land Features:

  • Lot Size: 64992 SqFt
  • Lot Acreage: 1.49 Acres
  • Zoning: DSAP
  • Total Parking: 98
  • Covered Parking: 82
  • Uncovered Parking: 16

Building Features:

  • Building Size: 63000 SqFt
  • Number of Floors: 7
  • Cap Rate: 0.00%
  • Year Built: 1964
This Listing Supplied Courtesy of Marcus & Millichap, Inc.
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
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