MLS® ID: 1403664
19500 10th Ave NE
Poulsbo, Washington, 98370 $4,950,000
The Fernwood Building is a commercial condominium building located in rapidly growing Kitsap County in Poulsbo. This unique offering consists of three office condominiums, leased by outstanding AAA credit rated long term tenants, that comprise 76% of the building's rentable sq ft. The tenants include Harrison Health Partners, GSA, and a property development firm. Low operating expenses and a very high quality, energy efficient building (built in 2007). Stable/guaranteed income. 6.60% CAP rate.