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1570 Woodridge Dr SE

3,654 SF Office Building Port Orchard, WA 98366 $703,954 CAD ($193 CAD/SF) 8.50% Cap Rate

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.

Financial Summary (Actual - 2020)

Annual (CAD) Annual Per SF (CAD)
Taxes - -
Operating Expenses $9,341 $2.56
Total Expenses $9,341 $2.56

Financial Summary (Actual - 2020)

Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual $9,341
Annual Per SF $2.56
Total Expenses (CAD)
Annual $9,341
Annual Per SF $2.56

Property Facts Under Contract

Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Office
Property Subtype
Medical
Building Size
3,654 SF
Building Class
C
Year Built
1985
Price
$703,954 CAD
Price Per SF
$193 CAD
Cap Rate
8.50%
NOI
$59,836 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,654 SF
Building FAR
0.09
Lot Size
0.92 AC
Zoning
HTC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4514-000-010-01-08
Land Assessment
$278,421 CAD (2025)
Improvements Assessment
$571,547 CAD (2025)
Total Assessment
$849,968 CAD (2025)
  • Listing ID: 3702400

  • Date on Market: 2015-05-27

  • Last Updated:

  • Address: 1570 Woodridge Dr SE, Port Orchard, WA 98366

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