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18978 Front Street
Poulsbo, WA 98370
Asking Price
$1.38M
Cap Rate
5%
Asset Type
Storefront Retail
Class
Class B
What's Special
18978 Front Street NE, Poulsbo, WA 98370 <ul><li>100% stabilized asset with proven tenancy: turnkey commercial property featuring highly successful, long-term tenants, multiple of which have anchored their businesses here for over 10 consecutive years.</li><li>Dual-income streams & versatile layout: excellent mixed-use configuration with two independent entrances. Upper and lower levels operate autonomously, effectively functioning as two separate buildings under a single Parcel.</li><li>Significant value-add / expansion potential:
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NOI
$80,000
Cap Rate
5.82%
DSCR
0.98
Underwater
Cash-on-Cash
-0.40%
Monthly Payment
$6,802.75
Annual Cash Flow
$-1,632.997
