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Redevelopment Opportunity On Wheaton Way, 3890 Wheaton Way 2,428 SF Retail Building Bremerton, WA 98310 $3,200,000 ($1,317.96/SF)

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INVESTMENT HIGHLIGHTS

  • High Visibilty Area
  • Can remain existing car dealership or redevelopment opportunity
  • Access property from Wheaton Way

EXECUTIVE SUMMARY

Owner Financing Available! The car dealership property, nestled on the corner of Wheaton Way and Ivy holds a unique status within the community, having been grandfathered into the zoning regulations. With its roots tracing back, the property predates the current zoning ordinances, lending it a special exemption from certain restrictions. This status acknowledges its longstanding contribution to the local economy and identity.

The sale of the 83,000 square foot property presents an exciting opportunity for potential redevelopment. With its expansive size and versatile layout, the property holds promise for a wide range of transformative projects. Developers may envision a variety of possibilities, from creating a mixed-use complex with retail, residential, and commercial spaces to repurposing the site for a single large-scale venture. Its location could further enhance its appeal, offering accessibility and visibility that could attract both businesses and residents. As stakeholders explore the potential of this property, they have the chance to contribute to the evolution of the surrounding community, breathing new life into the area and unlocking its full potential for economic and social growth.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
2,428 SF
Building Class
C
Year Built
1972
Price
$3,200,000
Price Per SF
$1,317.96
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.88 AC
Zoning
CITY - General Commercial
Parking
52 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
54’ on Wheaton Way

AMENITIES

  • Corner Lot
  • Dedicated Turn Lane

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Affordable Used Cars And Marine
  • Retailer
  • -
  • -
  • May 2028
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Affordable Used Cars And Marine Retailer - - May 2028
Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Dutch Bros
Pho Hoa
Shari's Cafe & Pies
Rent-A-Center
WaFd Bank
Snap Fitness 24/7
Starbucks
Chase
Bank of America
Grocery Outlet

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
012401-2-192-2000
Land Assessment
$252,000
Improvements Assessment
$157,310
Total Assessment
$409,310
  • Listing ID: 37130347

  • Date on Market: 8/5/2025

  • Last Updated:

  • Address: 3890 Wheaton Way, Bremerton, WA 98310

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