Poulsbo Homes with 75 - Retail Style

Welcome to Poulsbo, Washington – a charming city nestled on the Kitsap Peninsula, where the stunning beauty of the Pacific Northwest meets a vibrant community spirit. Known for its rich Scandinavian heritage, Poulsbo boasts a picturesque waterfront, delightful boutiques, and a plethora of outdoor activities that beckon both residents and visitors alike.

Imagine strolling along the scenic marina, indulging in freshly baked pastries at the local bakeries, or exploring the unique shops that line the streets of this quaint town. With a backdrop of breathtaking views of the Olympic Mountains and the serene waters of Liberty Bay, Poulsbo offers an idyllic setting for those seeking a balanced lifestyle.

When it comes to real estate, Poulsbo presents a diverse array of homes that cater to various tastes and needs. For those drawn to retail-style living, the city offers a selection of homes that seamlessly blend comfort and convenience. These properties are often located near vibrant shopping districts, allowing residents to enjoy easy access to local amenities, restaurants, and entertainment options just steps from their front door.

Whether you’re a first-time homebuyer, a growing family, or someone looking to downsize, Poulsbo’s retail-style homes provide a unique opportunity to embrace a lifestyle rich in culture and community. With the charm of a small town and the conveniences of modern living, Poulsbo is truly a hidden gem in Washington State. Explore the possibilities of calling this enchanting city home, where every day feels like a getaway!

Newest Poulsbo Homes with 75 - Retail Style

$1,860,000

2547297 MLS ⋅ ACTIVE Status

Pleased to present the opportunity to acquire a 2.06 Acre Commercial Investment Property located in Poulsbo, Washington, leased to Puget Collision LLC with 7+ Years of remaining Firm-Term, on a NNN Lease through July 2033, with (2) 5-Year Extension Options. Puget Collision LLC is a rapidly expanding Collision Repair Operator that has grown from 18 to 70 locations across 6 states, under the CARSTAR and Fix Auto brands. The Lease provides 3% Annual Rent Increases on Base Rent + NNN, offering predictable income growth with minimal landlord expense exposure. The investment is further enhanced by an Executed Option and Lease Agreement with Eddy Energy LLC, a Battery Energy Storage Developer, providing up to $45,000 in Non-Refundable Option Payments over 36 months, followed by a 30-Year Energy Storage Lease with 15% Rent Escalations every 5-Years, delivering additional income from the site. Strategically positioned with direct frontage on State Route 3, the primary north-south highway connecting Poulsbo to Bremerton and the Bainbridge Island ferry, the property offers excellent visibility with 31,000+ VPD, and access within a high-traffic commercial corridor. The site benefits from proximity to Naval Base Kitsap, one of the region's largest employers, and the continued growth of Kitsap County's economy, supported by ferry-commuter demand to Seattle and a stable defense-sector employment base, further underpinning the long-term performance of the investment.

22173 Viking Avenue NW, Poulsbo

Listing courtesy of Kidder Mathews.

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