MLS #2485184 / Listing provided by NWMLS & G Anderson Group LLC.
$2,900,000
2200 Bethel Avenue
Port Orchard,
WA
98366
Exceptional 18.47-acre Commercial Mixed-Use parcel located within a federally designated Opportunity Zone, offering significant potential tax incentives for future development. This highly visible site conveniently located has undergone professional consultant analysis, including wetland delineation, to clearly define the anticipated buildable envelope. Following environmental and site analysis, the property’s highest and best use has been identified as townhome development. The site supports an estimated yield of approximately 70 units, based on 5 acres of buildable area at a projected density of 14 units per acre. The combination of Opportunity Zone tax advantages, completed site due diligence, and a defined development path significantly reduces entitlement risk and positions this property as a compelling acquisition for builders and long-term investors. Sewer, water, power and natural gas are available in-street.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: No
- Cooling: No
Lot Details
- Lot Features: Paved
- Acres: 18.47
Schools
- High School District: South Kitsap
- High School: So. Kitsap High
- Middle School: Buyer To Verify
- Elementary School: Buyer To Verify
Lot Details
- Lot Features: Paved
- Acres: 18.47
Water, Sewer, and Garbage
- Sewer: In Street
- Water Source: In Street
Christine Wilson
Broker | REALTOR®
Send Christine Wilson an email