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Belfair Mini Storage Facility - Availability Details

24761 WA-3 NE, Belfair, WA 98528

  • For Sale $1,825,000
  • Property Type Industrial
  • Lot Size 2.46 Acre
  • Year Built 2001
  • Date Updated Aug 08, 2022
  • Website www.cbcworldwide.com
Capture strong cash flows from multiple income streams - mini storage (100% occupied), a mobile home (leased), cell tower income (through 10/2027), plus the ability to expand the mini-storage (bids already in hand) as well as an additional parcel with just over an acre of vacant land for you to develop or spin off. Excellent investment opportunity, but it isn't as simple as a straight income/CAP rate valuation. Multiple income streams have been capitalized or discounted to reflect their market value, and comps to support the valuation of the vacant land parcel. This is a great project with strong cash flows, but you'll need to be prepared to help your client understand the different silos of value. I'm happy to help with that though!
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Location

  • Walk Score ® Car-Dependent (24)
  • Bike Score ® Somewhat Bikeable (27)
Powered by Walk Score ®
  • City Belfair, WA
  • Neighborhood Belfair
  • Zip Code 98528

Points of Interest

Bremerton Cab

9.41 miles

76

0.62 miles

Safeway Fuel Station

0.74 miles

Chevron

0.82 miles

QFC Gas

0.85 miles

Shell

0.88 miles

Blink

0.98 miles

Shell

5.48 miles

76

6.82 miles

76

6.95 miles

Gulf

6.97 miles

McDonald's

0.51 miles

Burger Claim

0.56 miles

Family Wok & Teriyaki

0.69 miles

Domino's

0.71 miles

El Sombrero

0.72 miles

Taco Bell

0.80 miles

Papa Murphy's

0.86 miles

Seabeck Pizza

0.89 miles

Dairy Queen

0.96 miles

Los Agaves

0.98 miles

Contacts

broker

Cameron Wilson

Coldwell Banker Commercial Danforth

Frequently Asked Questions

What year was Belfair Mini Storage Facility built and finished?

Belfair Mini Storage Facility was completed in 2001.

Contact Listing Broker

broker

Cameron Wilson

Coldwell Banker Commercial Danforth

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