HUGE $500K PRICE SLASH! Beautiful Building for Sale on State Hwy 303

$999,000

Bremerton, WA

Property Description

Huge Price Slash - Owner Says Sell REDUCED by $500K!

 

Built in 1999, this building has had only one tenant. The tenant had a good run for 20 years but has decided it’s time to move on.  The building is a well-built standalone on 1.32 acres (approx. 57,499 sq. ft.); with over 50 parking spots on State Hwy 303.  

 

For those familiar with the area north of Riddell on Hwy 303, the growth started in the mid 90’s, so this building was a natural progression of growth. The building was originally built with no expenses spared, including but not limited to have a full sprinkler system, alarmed, and landscaped.  

 

The entire back third of the building is the kitchen, fully equipped with two type one hoods, multiple   

walk in coolers and freezers, dish pit, 1,500-gallon grease interceptor, Salamander, stoves, fryers, all hand wash sinks, prep stations and the list goes on.

 

In the middle of the restaurant is a built out U Shape bar complete with all refrigeration units, hand wash sinks and drainage. The remainder of the restaurant still has all the original booths in place and tables and chairs. In 2016 the building was appraised @ $1.7 million; we have priced it for another party to be able to take this parcel and use as is or redevelop the land (it’s zoned commercial 10-30 dwelling units/per acre; very liberal uses allowed.) We have all receipts of maintenance currently done from the grease interceptor getting cleaned to the A/C units being serviced.

 
Title is open with Attorney's Title of Kitsap - File #20195261 / Parcel # 352501-1-112-2008

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Highlights

  • 1.32 acres of Prime Real Estate for Sale

  • Stand-Alone Building

  • Full Alarm System

  • 50+ parking spots

  • Building SQ/FT: 6,224

  • Thousands of cars drive by daily

  • Located on busy State Hwy-303

Contact us to find out more

Location

Each Office Is Independently Owned and Operated.
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A division of KW Commercial

11505 Burnham Dr NW, Suite 201

Gig Harbor, WA 98332