2202 11th St
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2202 11th St
8,714 SF 96% Leased Retail Building Bremerton, WA 98310 $1,300,000 ($149/SF) 5% Cap Rate
Investment Highlights
- Daytime foot traffic
- Across the street from Manette Saloon
- Fully renovated in 2002
- One mile from Seattle-Bremerton ferry
- One block from the famed bakery, Saboteur Bakery
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
8,714 SF
Building Class
C
Year Built
1901
Price
$1,300,000
Price Per SF
$149
Cap Rate
5%
NOI
$65,000
Percent Leased
96%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.11
Land Acres
0.18 AC
Zoning
CITY
Parking
9 Spaces (1.03 Spaces per 1,000 SF Leased)
Frontage
102 FT on 11th St
PROPERTY TAXES
| Parcel Number | 3918-001-019-00-02 | Total Assessment | $927,410 (2025) |
| Land Assessment | $92,120 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $835,290 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
3918-001-019-00-02
Land Assessment
$92,120 (2025)
Improvements Assessment
$835,290 (2025)
Total Assessment
$927,410 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
-
Cari Shumaker - Paramount Real Estate Group
1 of 43
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2202 11th St
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