Courtesy: Capital Pacific, Llc

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  • Price:

    • $3,710,000

  • Listing #:
    • 600460
  • Class:
    • For Sale
  • Type:
    • Retail
  • Apx. Acres:
    • 0.00
  • Lot Size:
    • 334976
  • Year Built:
    • 1968
  • Address:
    • 1735 Village Lane
  • City:
  • County:
    • Kitsap
  • Area:
    • Port Orchard
  • State:
    • WA
  • Zip:
    • 98366

Description

SOUTH PARK VILLAGE is a value-add or redevelopment opportunity including a three building retail center on nearly eight acres that includes a Chase Bank pad (offered separately or together), a multi-tenant retail building and a vacant former grocery building. The vacant anchor building and an additional raw parcel of land on the Property give room for an investor to be creative with the flexible zoning and use restrictions to reposition the asset in a steadily growing community. The large lot size would allow for a complete redevelopment of the site for an alternative use including storage, housing, warehouse or industrial uses. Ownership is currently bypassing all long term leasing prospects to keep development potential intact for a new investor.
  • Availability Status:
    • • Available
  • Property Name:
    • • South Park Village - Port Orchard
  • Cap Rate:
    • • 0.00
  • Floors:
    • • 1
  • Building Total Square Feet:
    • • 73308
  • Zoning:
    • • Htc

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