Pleased to present the opportunity to acquire a 2.06 Acre Commercial Investment Property located in Poulsbo, Washington, leased to Puget Collision LLC with 7+ Years of remaining Firm-Term, on a NNN Lease through July 2033, with (2) 5-Year Extension Options. Puget Collision LLC is a rapidly expanding Collision Repair Operator that has grown from 18 to 70 locations across 6 states, under the CARSTAR and Fix Auto brands. The Lease provides 3% Annual Rent Increases on Base Rent + NNN, offering predictable income growth with minimal landlord expense exposure. The investment is further enhanced by an Executed Option and Lease Agreement with Eddy Energy LLC, a Battery Energy Storage Developer, providing up to $45,000 in Non-Refundable Option Payments over 36 months, followed by a 30-Year Energy Storage Lease with 15% Rent Escalations every 5-Years, delivering additional income from the site. Strategically positioned with direct frontage on State Route 3, the primary north-south highway connecting Poulsbo to Bremerton and the Bainbridge Island ferry, the property offers excellent visibility with 31,000+ VPD, and access within a high-traffic commercial corridor. The site benefits from proximity to Naval Base Kitsap, one of the region's largest employers, and the continued growth of Kitsap County's economy, supported by ferry-commuter demand to Seattle and a stable defense-sector employment base, further underpinning the long-term performance of the investment.
Prime Viking Ave frontage C-2 opportunity Zone in the heart of Poulsbo’s growing commercial corridor. Situated on a full 1.00-acre (43,560 SF) parcel, this property offers exceptional visibility, access, and flexibility for a variety of commercial uses. The existing 1,761 SF structure provides an immediate opportunity for an owner-user to occupy and operate, while the site itself supports future redevelopment or expansion potential. Strategically located along Viking Ave NW with strong daily traffic counts and proximity to established retail, service, and residential neighborhoods, the property benefits from both local and regional exposure. The parcel size allows for ample on-site parking, outdoor use, or reconfiguration to meet evolving business needs use will need to change from Residential to Commercial. This is an ideal fit for professional services, boutique retail, contractor yard, or hybrid live-work concepts (buyer to verify). With continued growth in Poulsbo and increasing demand for well-located commercial land, this property presents a rare opportunity to secure a flexible site with both immediate utility and long-term upside. Buyer to verify all information to their satisfaction, including zoning, permitted uses, and development potential.
Grab this rare opportunity to own a piece of local History! The Hostmark building is a true classic. As the oldest building in Downtown, it is in all of the local history books as well as part of the Historic Downtown Poulsbo Association. Built by Adolf Hostmark, who traveled here from Norway in the 1880s, It was originally a General store and Post office. He literally rowed a boat to Seattle for supplies! This fully renovated, turnkey, mixed-use building in the heart of historic downtown Poulsbo is perfectly blended with edgy commercial appeal on the lower level, with a serene professional wellness space above. This property features high foot traffic and excellent income potential. The Hostmark building has all long-term tenants (several over a decade) with successful businesses. With a flat roof and unblockable view, there could be many potential ways to expand. Rooftop bar? Outdoor Yoga? Maybe add a whole new story. Poulsbo generates massive downtown foot traffic and is a major tourist destination in Washington as it's only Scandinavian town. With two separate entrances for the top and bottom businesses, it almost seems like two separate buildings. With over 2500 sq ft. the possibilities are endless.
Owner Occupied / Investment / redevelopment opportunity in the City of Poulsbo. This .17-acre parcel at 20379 NW Cedar Ln is available with adjoining listed parcel 20363 NW Cedar Ln. Former home of Fluff N Stuff Hair Salon, the property includes an approximately, 575 SF building in High traffic and is zoned C-2 Viking Avenue with public water and sewer. A third adjoining C-2 parcel located at 20375 NW Cedar Ln, featuring two rental homes, is also available, creating potential upside for buyers seeking all three contiguous C-2 parcels for future assemblage, redevelopment, investment, owner-user, or mixed-use strategies. Located within the City of Poulsbo, this property offers flexibility, investors, future redevelopment potential, rental income, or owner-user use. The private country-style setting on Finn Hill near Cafe Cocina creates a unique feel while still being minutes from Historic Downtown. Conveniently located approximately 3 minutes from Historic Downtown Poulsbo, Liberty Bay waterfront, Fish Park trails, Highway 3, and College Marketplace shopping. Easy access to Viking Way NW provides a direct route into Silverdale. Coppertop Storage nearby. Enjoy year-round festivals, waterfront activities, shopping, dining, and the charm of one of Kitsap County’s most desirable small cities. Rare opportunity to own a C-2 zoned property in a highly sought-after Finn Hill location with flat usable land, City water and sewer, and long-term upside potential.
STR/ Investment / redevelopment opportunity in the City of Poulsbo. This .37-acre parcel is available with adjoining parcel 20379 NW Cedar Ln. Both properties are zoned C-2 Viking Avenue with public water and sewer. Current land use is Single Family Residential with strong potential for conversion to commercial use, owner-user occupancy, investment hold, mixed-use concepts, or possible short-term rental (STR) use. A third adjoining C-2 parcel located at 20375 NW Cedar Ln, featuring two rental homes, is also available, creating additional upside for buyers seeking all three contiguous C-2 parcels for future assemblage or redevelopment opportunities. Property features include 2 bedrooms, 1 full bath, full kitchen, wood-burning stove, detached garage, lean-to storage, RV parking area with no current hookups, ample lot parking, and flat usable land. Located on Finn Hill near Cafe Cocina, the property offers a private country-style setting while still being minutes from town. Approximately 3 minutes to Historic Downtown Poulsbo, Liberty Bay waterfront, Fish Park trails, Highway 3, and College Marketplace shopping. Easy access to Viking Way NW provides a direct route into Silverdale. Enjoy year-round festivals, waterfront activities, shopping, dining, and the charm of one of Kitsap County’s most desirable small cities. Rare C-2 Viking Avenue opportunity with long-term upside potential.
This property presents a rare waterfront mixed-use investment opportunity in the heart of Poulsbo. Situated on nearly half an acre, this versatile property combines immediate income potential with exceptional long-term redevelopment upside. The lower level and basement are currently configured for commercial office use, while the upper floor features a spacious and well-appointed one-bedroom, one-bath apartment with water views and private residential appeal. Positioned on an oversized waterfront parcel, the property offers significant potential for future redevelopment or repositioning to maximize highest and best use. Whether envisioned as an expanded mixed-use project, or enhanced commercial destination, the site’s size, frontage, and location create a compelling opportunity for investors and developers alike. The existing tenant structure provides stable operational efficiency, with tenants responsible for all utilities and property upkeep, excluding only minor improvements. This low-maintenance setup enhances cash flow while preserving flexibility for future plans. Tenants are currently on annual leases affording the opportunity for owner / user occupancy upon lease expiration. With its prime Front Street location, waterfront setting, flexible zoning potential, and redevelopment possibilities, 19589 Front Street stands as a unique offering in one of Kitsap County’s most desirable waterfront communities.
Scarce Poulsbo/Kitsap warehouse: 8,000 SF on 0.78 acres, built in 1992 with 18’ height, four 8’W x 10’H drive-in doors, Use as owner occupied with additional tenants. Recent upgrades include a brand new septic system & electrical. Site supports a 2.3/1000 SF parking ratio with ample space. Positioned along Hwy 104 with quick access to Hwy 305 and Winslow Ferry, this REC-zoned property offers wide business use flexibility (buyer to verify). First time on market. Easy semi and box truck access with ample parking. Functional layout makes it ideal for storage, light industrial, or trade uses. Limited supply in Kitsap makes this a strategic hold with future upside potential. By appointment only. Buyer to verify caretakers accommodations.
Under construction. Tenant may share in the design to match tenants needs. Foundation and site work are done. Very nice mountain and canal view from the property. The design calls for a 4,000 square foot warehouse with 4,000 square foot office above. The ultimate design is somewhat flexible and may include an elevator. Three-phase power available.
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Poulsbo is located in Washington. Poulsbo, Washington has a population of 11,652. Poulsbo is more family-centric than the surrounding county with 38.3% of the households containing married families with children. The county average for households married with children is 29.93%.
The median household income in Poulsbo, Washington is $79,248. The median household income for the surrounding county is $84,600 compared to the national median of $69,021. The median age of people living in Poulsbo is 43.8 years.
The average high temperature in July is 76.5 degrees, with an average low temperature in January of 34.7 degrees. The average rainfall is approximately 40.9 inches per year, with 2.5 inches of snow per year.