Fluff and Stuff 20363-20379 NW Cedar Ln 2,639 SF 100% Leased Retail Building Poulsbo, WA 98370 $1,200,000 ($454.72/SF)

Fluff and Stuff
Poulsbo assemblage: three parcels with four primary buildings totaling ±0.85 acres in the Viking Avenue Corridor (C-2 zoning), one of the city’s most flexible and dynamic districts. The site combines two residential parcels and one retail parcel, creating a footprint with income in place and clear long-term redevelopment potential.
Location
20363 – 20379 NW Cedar Lane, Poulsbo, WA
Total Assemblage: ±0.85 acres (±37,026 SF)
Zoning: C-2 Viking Avenue Corridor
Strategic access to Highway 305, downtown Poulsbo, ferry terminals, and regional markets
The Parcels
Parcel 1 – 20375 &20373 Cedar Ln | ±0.31 acres | Two detached homes + 480 SF garage + 240 SF carport
Parcel 2 – 20363 Cedar Ln | ±0.37 acres | 804 SF single-family home + 270 SF garage + 144 SF lean-to
Parcel 3 – 20379 Cedar Ln | ±0.17 acres | 575 SF retail store (Fluff N Stuff Salon)
Combined Snapshot: ±0.85 acres • Taxes (2025): ~$6,950
Square Footage – Primary Buildings
Dwelling R03 (built 1946): 660 SF, 1 bed/1 bath, 1 story
Dwelling R04 (built 1948): 600 SF, 1 bed/1 bath, 1 story
Dwelling R02 (built 1946): 804 SF, 2 bed/1 bath, 1 story
Retail Store (built 1952): 575 SF (Fluff N Stuff Salon)
Total Building SF: ±2,639 (residential ±2,064 + retail 575)
Zoning & Uses
Permitted uses include retail, restaurants, grocery, auto sales/service, offices, salons, hospitality, recreation, mixed-use housing, and self-storage. Conditional uses expand to healthcare, senior living, R&D, and more. Temporary permits allow mobile food service and short-term activations.
Summary
With income-producing structures already on-site, city utilities in place, and exceptional zoning flexibility, this assemblage provides multiple paths forward. Located in a rapidly growing submarket with limited buildable land, the Cedar Lane parcels represent a rare investment opportunity for developers, owner-users, or investors seeking both near-term income and long-term redevelopment upside.
Members-only remarks
Poulsbo Assemblage – Viking Avenue Corridor (C-2 Zoning)
20363 – 20379 NW Cedar Lane, Poulsbo, WA
Total Assemblage: ±0.85 Acres | ±37,026 SF | 2025 Taxes: ~$6,950
Offering Instructions
Title & Escrow: PNW Title & Escrow – Contact: JenniferI@pnwtkitsap.com
Offers: Must be on CBA forms (not NWMLS).
Leases: Two homes currently leased month-to-month.
Showings: Listing agent must be present—allow time to schedule.
Response: Allow time for PSA response.
Conditions: No LOAs, offers only.
Other: Supplements uploaded. No keybox.
The Assemblage
Three contiguous parcels totaling ±0.85 acres in Poulsbo’s Viking Avenue Corridor, one of the city’s most dynamic and flexible zoning districts.
Parcel 1 – 20375 Cedar Ln | ±0.31 acres
Two detached homes + garage/carport
Parcel 2 – 20363 Cedar Ln | ±0.37 acres
Single-family home with garage & lean-to
Parcel 3 – 20379 Cedar Ln | ±0.17 acres
575 SF retail store (Fluff N Stuff Salon)
Location Highlights
Prime C-2 Viking Avenue Corridor zoning – retail, commercial, and mixed-use potential
Easy access to Highway 305, downtown Poulsbo, ferry terminals, and regional markets
Area experiencing strong demographics, rapid growth, and constrained land supply
Zoning & Use Potential
Permitted Uses:
Retail • Restaurants • Grocery • Auto Sales/Service • Offices • Salons • Hospitality • Recreation • Mixed-Use Housing • Self-Storage
Conditional Uses:
Healthcare • Senior Living • R&D • More
Temporary Permits:
Mobile food service and other short-term activations
Investment Highlights
Income in place with existing homes and retail structure
Low-barrier holding strategy with month-to-month tenants
Flexible redevelopment paths with C-2 zoning
Rare assemblage opportunity for developers, investors, or owner-users