3212 NW Byron St.

Suite 110 Silverdale, WA 98383

$225,000

ASKING PRICE

Rare opportunity to own a small, high-quality professional office condo in the heart of Old Town Silverdale. Ideally located just steps from the waterfront and community park, this 515-square-foot office offers an exceptional setting in one of Silverdale’s most desirable and established commercial areas.

Remodeled in 2019 with high-end finishes, the space is efficiently configured with three private executive offices and a kitchenette. The size and layout make it an ideal opportunity for an attorney, accountant, consultant, therapist, or other professional looking to own their office rather than continue leasing. The surrounding building is occupied by a mix of professional office and medical users, creating an attractive and professional business environment.

The property also presents a compelling investment opportunity. With three individually leasable private offices, an investor could operate the space as executive office suites and generate multiple rental income streams from a relatively small footprint. Based on projected individual office rents, the property has the potential to generate a pro-forma cap rate of approximately 9%.

The condominium building is well managed and maintained, with an attractive overall appearance and a dedicated on-site parking lot for owners, tenants, and visitors. Combining a desirable Old Town Silverdale location, waterfront proximity, quality finishes, and a versatile layout, this is a unique opportunity for either an owner-user or investor seeking an attainable commercial real estate investment

LOCATION