2200 Bethel Avenue

• Purchase Price: $3,500,000 (Approximately $4.29 per total land square foot)
• 18.74 Total Acres (804,553 SF) with approximately 7.47 Useable Acres (325,311 SF)
• 802 +/- frontage on Bethel Avenue
• All utilities fronting property
• Located in Port Orchard City Limits
• Excellent Access
• Highly Visible Location
• Zoning: CMU with Greenbelt
• Located in Opportunity Zone offering substantial tax benefits to developers.
• Property qualifies for Multi-Family Housing Property Tax Exemption (MFTE) over 8 years for market-rate housing and 12 years for affordable housing.

Property Description

2200 Bethel Avenue property offering provides a unique opportunity to acquire a large suburban residential/commercial parcel for residential and commercial development. The property features picturesque Blackjack Creek greenbelt amenity. The property is ideally located on a main arterial in the desirable and fast-growing City of Port Orchard. One of the last large parcels on Bethel Avenue is for sale in the path of development. The site offers flexible zoning and economic incentives with MFTE, and location in Opportunity Zone.