26119 - 26135 Calvary Ln NE
Kingston WA 98346
Arbor Business Park Portfolio
26119 - 26135 Calvary Ln NE Kingston WA 98346
Listing #: 691948 | Status: Available | Last Modified: 11/14/2025 |
For Sale
- Phone:(206) 949-3420
- Email:kelly@muldrow.net
- Office Name:Windermere Commercial / ERES
- Office Phone:(206) 780-5007
- Office Website:www.windermerecommercial-eres.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 5,135,000.0
- $/SF$ 155.4
- Listing StatusAvailable
- Days on Market315
- Asset ClassIndustrial, Specialty
- Terms
- Investment Type
- Investment PropYes
- Gross Income399,447
- Vacancy Factor %5.00%
- Operating Expenses92,309
- Net Operating Income287,165
- CAP Rate 6.88 %
- 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
- Dock High Doors
- Semi-Dock Doors
- Grade Level Door Count
- Crane Count
- Building StatusExisting
- # of Buildings5
- # of Floors2
- # of Units24
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF33050
- Net Rentable Area33050
- Total Office SF6067
- Largest Contiguous SF
- Lot SF225206
- Acres5.17
- Property TypeIndustrial
- Office TypeOther
- InvestmentYes
- Building ClassB
- CountyKitsap
- Vicinity
- Location Description
- Second Address
- Cross StreetBond Road
- Market AreaKingston
- Tax ID #292702-3-069-2002
- Additional Parcels2385326, 292702-3-068-2003
- ZoningRural Employment Center
- Year Built2001
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
6.88% CAP - Arbor Business Park Portfolio
This exceptional investment opportunity includes five light-industrial warehouse buildings and three undeveloped lots in the well-established Arbor Business Park, offering significant potential for growth and long-term value. Currently, the five buildings (valued at $4,465,000 or $135.10/sf) produce an NOI of $307,000 at a CAP rate of 6.88%. The three vacant lots (valued at $670,000 or $7.99/sf) are fully serviced and pre-approved for development. Designed with both quality and sustainability in mind, this project has been recognized with awards for its superior construction and environmentally-friendly building methods and materials. Arbor Business Park is a 2001 binding site plan and designates each building and lot with its own tax parcel. The buyer may sell one or more buildings o
Office space with warehouse below. This is one of 5 buildings. This building built in 2001 has 7600sf on 2 levels. Located right off of Bond Rd in Kingston.











