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$629,850

  • Sold
  • Closed
  • Industrial
  • Updated 6 days ago

Listed by Gary Anderson | G Anderson Group LLC | (360) 373-2343 and Joseph Percacciolo IV | G Anderson Group LLC | (360) 373-2343
Sold by Angela Sherman | RE/MAX Northwest and Katy Smith | RE/MAX Northwest

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This property is a passive income lover's dream. Three residential Tenants make up the top floor and three commercial Tenants make up the bottom. Renegotiations can be discussed regarding potential longer-Term leases for the commercial Tenants and the residential Tenants consist of your typical 12 month Terms. Additionally, a new owner would receive income from 6 parking stalls at the rear of the property. Yearly expenses are kept low, which helps yield a current CAP rate over 8%. With all of the improvements coming to downtown Port Orchard over the next 5 years, a new owner would have the ability to receive the income from a fully leased out, prime location property, while potentially achieving mid to high levels of appreciation.

Full Property Details for 821 Bay St

General

  • Sold For: $629,850
  • Taxes: $5,640
  • Status: Closed
  • Type: Industrial
  • Source: NWMLS
  • MLS ID: 2322533
  • Added to Site: 614 day(s) ago

Rental Information

  • Complex Features: Storage

Interior

  • Flooring: Hardwood

Parking

  • Uncovered Spaces: 12

Location

  • Area: 143 - Port Orchard
  • County: Kitsap
  • Subdivision: Port Orchard
  • Driving Directions: From Silverdale-WA-3S through Gorst. Left lane to WA-166E toward Port Orchard for 3 miles onto Bay St. Building on the left.

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ductless
  • Heating Type: Ductless

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Unspecified
  • Exterior Const.: Wood
  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Year Built: 1900
  • Property Condition: Fair

Lot Features

  • Lot Size (Acres): 0.22
  • Lot Size (Sq. Ft.): 9,583
  • Lot Size Source: Parcel Viewer
  • Zoning: Business, Commercial, Residential, Retail

Water Features

  • Water Front: Yes

Financial Considerations

  • Assoc Fee Freq.: Not Applicable
  • Tax Amount: $5,640
  • Terms: Cash

Disclosures and Reports

  • Special Conditions: None
  • Surveyed: false
  • Property ID: 40530130070004

Listed by Gary Anderson | G Anderson Group LLC | (360) 373-2343 and Joseph Percacciolo IV | G Anderson Group LLC | (360) 373-2343
Sold by Angela Sherman | RE/MAX Northwest and Katy Smith | RE/MAX Northwest

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NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 821 Bay St

School District:South Kitsap School District
NameGradesDistance
Sidney Glen Elementary School
500 Sw Birch Rd, Port Orchard, WA 98366
K-52.6 mi
Cedar Heights Junior High School
2220 Pottery Avenue, Port Orchard, WA 98366
6-82 mi
South Kitsap High School
425 Mitchell Avenue, Port Orchard, WA 98366
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 821 Bay St

Date
Details
Price
Change
Source
5/26/2026
Sold
$629,850
-5.99%
MLS
11/10/2025
Price Reduced
$670,000
-4.29%
MLS
8/06/2025
Price Reduced
$700,000
-12.39%
MLS
5/12/2025
Price Reduced
$799,000
-4.08%
MLS
12/20/2024
Listed
$833,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Gary Anderson | G Anderson Group LLC | (360) 373-2343 and Joseph Percacciolo IV | G Anderson Group LLC | (360) 373-2343
Sold by Angela Sherman | RE/MAX Northwest and Katy Smith | RE/MAX Northwest

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821 Bay St, Port Orchard, WA 98366 (MLS# 2322533) is a Industrial property that was sold at $629,850 on May 26, 2026. Want to learn more about 821 Bay St? Do you have questions about finding other Industrial real estate for sale in Port Orchard? You can browse all Port Orchard real estate or contact a Coldwell Banker agent to request more information.