The Belfair Professional Building consists of three tenants, two currently on NNN Leases and 1 still on a Gross Lease but has the ability to converted to NNN by the end of 2025. Parking is plentiful and the view of the mountains and landscape is breathtaking. Converting the downstairs area into another leasable space or utilizing it as storage for the current Tenants would increase income. The current owner takes great care of the property and there is no deferred maintenance to note. Owner is simply looking to exchange into a larger property. Belfair is an up-and-coming area and property values are only increasing. Passive income and potential appreciation. What more can a new owner ask for?
MLS# | 2332351 |
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Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Active |
Year | 2003 |
Days On Site | 67 |
Listing Provided By | G Anderson Group LLC | Gary Anderson |
Acreage | 0.45 |
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Water Front | Yes |
State | WA |
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County | Mason |
City | Belfair |
Zip Code | 98528 |
Area | 171 Belfair | Hood Canal |
Community Name | Belfair |
Listing VS Median (In Belfair) | |
Price: $899,000 low | high Med: $469,950 On site: 67 low | high Med: 660.500000 |