20307 Viking Ave NW - Medical FOR SALE


Poulsbo, WA 98370
$1,550,000 USD
253-606-6332
20307 Viking Ave NW, Poulsbo, WA for Sale
$1,550,000 USD
Medical - FOR SALE
1/3
null | 4.09% Cap Rate

20307 Viking Ave NW
Poulsbo, WA 98370


OVERVIEW

Welcome to the Finn Hill Professional Building, an iconic landmark in Poulsbo, Washington, blending business excellence with historical charm. Investment Potential: Comparable properties in Silverdale have sold for $4.1 million, highlighting the growth potential and current CAP rate of 4%, with room for expansion to 7%. Prime Location: Situated at the busy corner of Viking Avenue NW and NW Finn Hill Road, this 8,375-square-foot building offers timeless craftsmanship and impeccable maintenance and well updated since 1980. Functional Design: Featuring six office suites spread across two levels, with lower-level parking, a welcoming foyer, and shared amenities for seamless business operations. Diverse Tenant Mix: Home to a variety of businesses including chiropractic care, acupuncture, massage therapy, dental services, photography, and co-working spaces, fostering a vibrant community atmosphere. Ample Parking: Two parking lots with 49 wide parking stalls ensure convenience for clients and employees, complemented by beautifully landscaped surroundings. Versatile Zoning: Zoned as C-2 Viking Avenue by the City of Poulsbo, offering flexibility for various business ventures and future growth opportunities. Experience the blend of tradition and opportunity at Finn Hill Professional Building, where your business meets its full potential.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$185 USD /SF

CAP RATE

4.09%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Finn Hill Professional Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

CITY

APN/PARCEL ID

152601-1-144-20-03

ASK ABOUT THIS PROPERTY

Joey SollerKW CommercialMore Info
253-606-6332

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Joey SollerKW CommercialMore Info
253-606-6332

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.