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Carlton Building 3599 Carlton St

3,128 SF Office Building Silverdale, WA 98383 $1,437,220 CAD ($459 CAD/SF) 6.56% Cap Rate

Investment Highlights

  • 9 Private Offices
  • Welcoming Reception
  • Full Kitchen with Breakroom
  • 2 Large Conference Rooms
  • Professionally Landscaped
  • 12 On Site Parking Spaces

Executive Summary

The Wynn Group is pleased to bring this well located 3,128 SF commercial building to the market for the first time in over 10 years. It is a rare opportunity for owner-users or investors seeking a turnkey property in a thriving location. Situated in the heart of Historic Old Town Silverdale, the building boasts a perfect blend of functionality and modern touches, offering immediate usability or leasing potential.
Old Town Silverdale is a sought after area with limited inventory, that has benefited from significant infrastructure improvements in recent years. The highly anticipated fast ferry is in the works for the Port of Silverdale making it a hub for new development in Silverdale.
Whether you are looking for a great professional office for your business or to secure an investment in a high demand area, this property offers the perfect combination of strategic location, modern amenities, and timeless appeal.
Don’t miss this exceptional opportunity! Contact our office today to schedule a tour and experience it firsthand.
**Buyers broker must be present for all tours and meetings and must be point of original contact. **

Financial Summary (Pro forma - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $111,878 $34.02
Other Income - -
Vacancy Loss - -
Effective Gross Income $111,878 $34.02
Taxes - -
Operating Expenses $17,641 $5.36
Total Expenses $17,641 $5.36
Net Operating Income - -

Financial Summary (Pro forma - 2024)

Gross Rental Income (CAD)
Annual $111,878
Annual Per SF $34.02
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $111,878
Annual Per SF $34.02
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual $17,641
Annual Per SF $5.36
Total Expenses (CAD)
Annual $17,641
Annual Per SF $5.36
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
3,128 SF
Building Class
C
Year Built/Renovated
1977/2014
Price
$1,437,220 CAD
Price Per SF
$459 CAD
Cap Rate
6.56%
NOI
$94,237 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,901 SF
Slab To Slab
9’
Building FAR
0.31
Lot Size
0.23 AC
Zoning
NC - Neighborhood Commercial
Parking
12 Spaces (3.84 Spaces per 1,000 SF Leased)

Amenities

  • Reception

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4458-002-001-00-04
Land Assessment
$306,854 CAD (2025)
Improvements Assessment
$307,336 CAD (2025)
Total Assessment
$614,190 CAD (2025)
  • Listing ID: 34424638

  • Date on Market: 2025-01-09

  • Last Updated:

  • Address: 3599 Carlton St, Silverdale, WA 98383

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