1570 Woodridge Dr SE
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1570 Woodridge Dr SE
3,654 SF Office Building Port Orchard, WA 98366 £392,079 (£107/SF) 8.50% Net Initial Yield
Executive Summary
Medical office zoned HTC on 40,075sf of land and located in Woodridge Medical Center in Kitsap County. This 3,654sf building was built in 1985 and remains in good condition. The building currently set up as a medical office with 6 exam rooms, 2 surgery ready rooms, lab, X-Ray, lounge, restrms and waiting rm areas. Plumbing is provided in every room excluding office and waiting room areas. 24 parking spaces available. Now is the time to purchase South Kitsap Real Estate at current values. The Fast Ferry approval will bring new interest to Kitsap County from those seeking quick access to downtown Seattle. KCIB
Traveling east on Mile Hill Drive, turn left onto Woodridge Dr. (just before Long Lake Rd on the left). Follow around corner to building on left.
Traveling east on Mile Hill Drive, turn left onto Woodridge Dr. (just before Long Lake Rd on the left). Follow around corner to building on left.
Financial Summary (Actual - 2020) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
£5,202
|
£1.42
|
| Total Expenses |
£5,202
|
£1.42
|
Financial Summary (Actual - 2020)
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | £5,202 |
| Annual Per SF | £1.42 |
| Total Expenses | |
|---|---|
| Annual | £5,202 |
| Annual Per SF | £1.42 |
Property Facts Under Contract
Sale Type
Investment or Owner User
Sale Condition
Tenants option to buy property
Property Type
Office
Property Subtype
Medical
Building Size
3,654 SF
Building Class
C
Year Built
1985
Price
£392,079
Price Per SF
£107
Net Initial Yield
8.50%
NOI
£33,327
Tenancy
Single
Number of Floors
1
Typical Floor Size
3,654 SF
Building FAR
0.09
Lot Size
0.92 AC
Zoning
HTC
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PROPERTY TAXES
| Parcel Number | 4514-000-010-01-08 | Improvements Assessment | £321,117 (2025) |
| Land Assessment | £156,428 (2025) | Total Assessment | £477,545 (2025) |
PROPERTY TAXES
Parcel Number
4514-000-010-01-08
Land Assessment
£156,428 (2025)
Improvements Assessment
£321,117 (2025)
Total Assessment
£477,545 (2025)
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1570 Woodridge Dr SE
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