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1746 Carr Blvd - Lakeland Lodge 4.1 Acres of Commercial Land Offered at $950,000 in Bremerton, WA 98312

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INVESTMENT HIGHLIGHTS

  • 105 assisted living units
  • 1,475 sf of retail space

EXECUTIVE SUMMARY

This development opportunity is a well-located frontage on Kitsap Way in Bremerton. The City's N.A.D. Marine Park is across the street and Kitsap Lake is 1/4 mile away. The property is comprised of 4 parcels to be complied into a larger development. The northwestern parcel is zoned Limited Commercial, the other three parcels are zoned for low density Residential (R10). A 2008 Staff Report and conditional Use permit approval (CUP Type 3 Nonresidential) To consolidate the parcels, vacate and relocate a portion of Carr Road, and construct an assisted living facility to include 16 memory care units, 105 assisted living units, and 1,475 sf of retail space, is available to review. These properties have not been on the market for generations.

PROPERTY FACTS Under Contract

Price $950,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units - Senior
Total Lot Size 4.10 AC
Zoning R10 - Limited Commercial and Low Density Commercial (R 10)

1 LOT AVAILABLE

Lot

Price $950,000
Price Per AC $231,707.32
Lot Size 4.10 AC

DESCRIPTION

This development opportunity is a well-located frontage on Kitsap Way in Bremerton. The City's N.A.D. Marine Park is across the street and Kitsap Lake is 1/4 mile away. The property includes 3.8 acres on 4 parcels to be complied into a larger development. The northwestern parcel is zoned Limited Commercial, the other three parcels are zoned for low density Residential (R10). A 2008 Staff Report and conditional Use permit approval (CUP Type 3 Nonresidential) To consolidate the parcels, vacate and relocate a portion of Carr Road, and construct an assisted living facility to include 16 memory care units, 105 assisted living units, and 1,475 sf of retail space, is available to review. These properties have not been on the market for generations.

  • Listing ID: 32322166

  • Date on Market: 7/2/2024

  • Last Updated:

  • Address: 1746 Carr Blvd, Bremerton, WA 98312

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