Unrivaled opportunity for entrepreneurs and investors alike. This half acre of high bank waterfront property has amazing views of the Olympics and Port Washington Narrows. The 1,500 square foot block building underwent a complete renovation in 2021, transforming it into a modern and stylish Salon. Located in the newly established Eastside Village sub-area in Manette the building would easily lend itself to another Salon, Office or other Retail uses. The City of Bremerton has set its sights on a redevelopment of this area to boast a residential focused center with retail amenities. The new sub-area plan allows for a maximum building height of 80 feet for residential uses and 60 feet for commercial. The re-development of this area has already begun, as you drive down lower Wheaton Way you will pass multiple projects currently in the works along with several more in planning. Whether you plan to be part of the development or run your business from this exceptional property, the return on investment will continue to increase in the years ahead. There is potential for a larger development piece with a multi parcel assemblage. Contact brokers to learn more and arrange for a tour of the property.
