19500 10th Avenue NE | Poulsbo
offered at $4,950,000
The Fernwood Building is a commercial condominium building located in Kitsap County. This unique offering consists of three office condominiums, leased by outstanding AAA credit rated tenants, that comprises 76% of the building's rentable square footage. The three tenants include Harrison Health Partners, GSA, and a property development firm - all w/ long term leases. The operating expenses are low and the building is managed by the owners association. Stable and solid income. 6.25% CAP rate.