$4,465,000
Arbor Business Park is now being offered as five income-producing industrial buildings at $4,465,000, generating approximately $300,000 in current net operating income.
The purchase includes the five stabilized buildings, and at closing the buyer will recieve an exclusive six-month option, at no additional cost, to acquire three separate, buildable development pads within the park. Those pads are individual tax parcels, fully integrated into the site plan, and available under pre-negotiated terms.
Step into day-one cash flow while taking the time to underwrite, plan, and decide whether and how you want to expand. You’re not forced to buy land you’re not ready to develop. But you control it.
Each building and each pad sits on its own parcel, giving an owner flexibility over time — hold, phase, develop, or selectively sell.
For Sale:
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- Site: 5 buildings, 3 lots, common area
- Total Annual Income: $404,410
- Annual Operating Expenses: $88,019
- Net Operating Income: $300,572
- Property Address: 26121-26135 Calvary LN NE, Kingston, WA 98110
- Rentable Space: 33,050 RSF
- Improved Lot Value: $4,465,000 - ($135.10 /sf)
- Vacant Land Area: 83,853 sf
- Vacant Land Value: $670,000 - ($7.99 /sf)
- Year Built: 1999-2006
- Zoning: Kitsap County, REC
In North Kitsap, where new industrial supply is limited and entitlement timelines are not getting shorter, this offers something increasingly hard to find: stabilized income today with a defined path to future growth.
Buildings
Aerials
Three Approved Vacant Building Lots
Arbor Business Park includes three approved building sites.
When combined with each site's share of common area, the total excess land is calculated as follows:
Lot A1: 4,356 sf + 21,998 common = 26,354 sf
Lot A2: 5,663 sf + 21,998 common = 27,661 sf
Lot B1: 7,841 sf + 21,998 common = 29,839 sf
