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1 7th
Poulsbo, WA 98370
7th Ave Commercial and Apartment Project · Land For Sale
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1.71 AC


Investment Highlights
- This property is right in the retail area at Poulsbo Affordable housing here would be very desirable tenants could walk to all services
Executive Summary
I'm retired and decided not to do the project. The City of Poulsbo was and is supported of the project. To an interested party I can provide all the work and analysis.
Also I am willing to accept 20% down and the balance at 6% interest payable once the project is ready for construction.
Also I am willing to accept 20% down and the balance at 6% interest payable once the project is ready for construction.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Build to Suit | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 1.71 AC |
| Property Type | Land | ||
| Zoning | City - Poulsbo C-3/SR 305 allows Retail Sales, Professional offices Mixed used - residential components | ||
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 1.71 AC |
| Zoning | City - Poulsbo C-3/SR 305 allows Retail Sales, Professional offices Mixed used - residential components |
1 Lot Available
Lot 3-148-2006
| Price | $800,000 | Lot Size | 1.71 AC |
| Price Per AC | $467,836.26 |
| Price | $800,000 |
| Price Per AC | $467,836.26 |
| Lot Size | 1.71 AC |
This is lot that I was preparing to build 40 affordable apartments on. I is raw land that fronts 7th Avenue in Poulsbo. Owner will not pay listing commission. Buyer Brokers welcomes commission negotiable
Description
It appears the city could allow 60 apartments on this site requiring 60 parking space for tenants and 6 for guests. If you put single studio apaartment you would get more.
Property Taxes
| Parcel Number | 142601-3-148-2006 | Improvements Assessment | $0 |
| Land Assessment | $445,220 | Total Assessment | $445,220 |
Property Taxes
Parcel Number
142601-3-148-2006
Land Assessment
$445,220
Improvements Assessment
$0
Total Assessment
$445,220
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