Rare commercial investment opportunity in the community of Keyport, located in Kitsap County near Poulsbo. Historically operated as an office building primarily servicing Navy contractors, the building has been continuously occupied with virtually no vacancies since it opened for business in 1984. Minimal maintenance and oversight required. Offering a 7.2% cap rate on current financials with rental upside and potential to achieve an 8.5% cap rate once market expectations are met. As a bonus, the building can be converted to multi-family units for future added value. Ideal 1031 replacement property or any investor needing to deploy capital and looking for a better return than the average multi-family market cap in the region.