Investment Overview
Two parcels on the corner of the busiest intersection in Port Orchard. The opportunity consists of approximately 1.76 acres and is zoned Commercial Mixed Use, allowing for a wide range of development opportunities including retail or fast-food uses. All utilities are located on site and existing improvements include one residential structure that is occupied, providing passive income, and another residential structure in fair condition; however, the building is considered to have no contributory value relative to the property’s highest and best use, which is redevelopment. Planned traffic improvements include a future roundabout at or near the intersection, further enhancing accessibility, traffic flow, and long-term commercial viability. Located in the heart of a rapidly expanding commercial and residential trade area, this property presents a rare opportunity for developers and investors seeking, visibility, and income during hold.
Investment Highlights
- Busiest Corner in Port Orchard
- All Utilities at site
- Passive income during planning
- CMU zoning allows variety of uses