2465 Bethel Avenue

Port Orchard, WA 98366

  • Bed

  • Bath

  • 0 SqFt

  • 185 DOM

  • Built: 2005

  • Status: Active

$1,550,000

X

2465 Bethel Avenue

Port Orchard 98366

$1550000

  • Bed

  • Bath

  • 0 SqFt

  • 185 DOM

  • Built: 2005

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

One of the most pristine office buildings in Port Orchard is hitting the market for the first time since it was built in 2005. The list of features for this property is endless: 100% leased, abundance of parking, sprinkled, highly visible on one of the busiest roads in Port Orchard, no deferred maintenance, shared conference room, shared men's/women's bathrooms on each floor, parking access at both sides of the building, etc. Currently, each Tenant is in the midst of short-term, Full-Service Gross Leases, which enables a new owner a large upside in converting the Leases to NNN and locking in longer terms, yielding a Pro Forma CAP of 8.4%. The replacement cost for a building of this stature would be more than DOUBLE the listed asking price.

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Residence Information

  • 0

  • Composition

  • 61 - Comm Bldg Ovr 10K

  • 2005

  • Poured Concrete

Features and Utilities

  • Ceramic Tile

  • Brick, Wood, Wood Products

  • Public

  • Sewer Connected

Financial

  • Cash Out, Conventional

  • 08-26-2024

Comparable Information

  • 185

  • 185

  • Cash Out, Conventional

  • $1,500,000

  • $1,500,000

  • Mar 13, 2025 18:28

Schools

Map

Listing courtesy of G Anderson Group LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Jun 27, 2025 12:18 | Listing last modified Mar 13, 2025 18:28. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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