821 Bay Street
Port Orchard WA 98366
821 Bay St
821 Bay Street Port Orchard WA 98366
Listing #: 691194 | Status: Pending | Last Modified: 3/12/2026 |
For Sale
- Phone:(360) 731-3739
- Email:garee1776@aol.com
- Office Name:G. Anderson Group, LLC
- Office Phone:(360) 373-2343
- Office Website:
- Agent Phone:(360) 602-5764
- Agent Email:joe@gandersongroup.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 670,000.0
- $/SF$ 150.1
- Listing StatusPending
- Days on Market467
- Asset ClassRetail, Office
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 7.24 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings1
- # of Floors2
- # of Units6
- # of Elevators0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF4464
- Net Rentable Area4464
- Total Office SF
- Largest Contiguous SF2484
- Lot SF9583
- Acres0.22
- Property TypeRetail
- Office Type
- Building ClassC
- CountyKitsap
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaPort Orchard
- Tax ID #4053-013-007-0004
- Additional Parcels
- ZoningDMU
- # Covered Spaces0
- # Uncovered Spaces12
- Total Parking Spots12
- Parking Ratio
- Year Built1900
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
PRICE DROP, 7.24% CAP-100% Leased Mixed Use Waterf
This property is a passive income lover's dream. Three residential Tenants make up the top floor and three commercial Tenants make up the bottom. Renegotiations can be discussed regarding potential longer-Term leases for the commercial Tenants and the residential Tenants consist of your typical 12-month Terms. Additionally, a new owner would receive income from 6 parking stalls at the rear of the property. Yearly expenses are kept low, which helps yield a current CAP rate of 7.24%. With all of the improvements coming to downtown Port Orchard over the next 5 years, a new owner would have the ability to receive the income from a fully leased out, prime location property, while potentially achieving mid to high levels of appreciation due to the current and projected growth of the area. Bay St
Historic building in Old Town Port Orchard. This property is situated on .22 acre zoned Downtown Mixed Use. The 4.464 sf building was built in 1900 with 2.484 sf of retail space on the ground floor and 3 residential apartments upstairs. Located close to
















