18978 Front Street NE Poulsbo, WA $ 1,375,000
18978 Front Street NE
$ 1,375,000
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18978 Front Street NE

Poulsbo, WA, 98370
$ 1,375,000
Bedrooms-- Baths--

Monthly Estimate*

$ 8,466

Listed by Better Properties Gig Harbor
18978 Front Street NE, Poulsbo, WA 98370 - Image 1
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Commercial Property for sale in Poulsbo, WA

for $1,375,000. This building was built in 1908 on a lot size of 0.06.

Grab this rare opportunity to own a piece of local History! The Hostmark building is a true classic. As the oldest building in Downtown, it is in all of the local history books as well as part of the Historic Downtown Poulsbo Association. Built by Adolf Hostmark, who traveled here from Norway in the 1880s, It was originally a General store and Post office. He literally rowed a boat to Seattle for supplies! This fully renovated, turnkey, mixed-use building in the heart of historic downtown Poulsbo is perfectly blended with edgy commercial appeal on the lower level, with a serene professional wellness space above. This property features high foot traffic and excellent income potential. The Hostmark building has all long-term tenants (several over a decade) with successful businesses. With a flat roof and unblockable view, there could be many potential ways to expand. Rooftop bar? Outdoor Yoga? Maybe add a whole new story. Poulsbo generates massive downtown foot traffic and is a major tourist destination in Washington as it's only Scandinavian town. With two separate entrances for the top and bottom businesses, it almost seems like two separate buildings. With over 2500 sq ft. the possibilities are endless.

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Commercial Active

Price

$ 1,375,000

Property Type

Commercial

Taxes

$ 4,152

Style

Comm Bldg Und 10K

Lot Size

0.06

Year Built

1908

Town/City

Poulsbo

County/Region

Kitsap

MLS | Web ID

2528829

Features
General
Living Area 0
Sewer Sewer Connected STEP Sewer
Heating Heat Pump
Cooling Heat Pump
Possession Closing
Roof Flat
HOA Fee 0
Year Built 1908
Property Subtype Commercial Industrial
Tax Year 2025
County Kitsap
Net Operating Income 68561
Insurance Expense 6342
Property Type Commercial Sale
HOA N
Subdivision Name Poulsbo
Possible Use Business
Special Listing Conditions None
Status Active
Directions Hwy 3 to Finn Hill to R on Front St. Building is on corner of Front and Jensen.
City Poulsbo
Senior Community Y/N N
Zoning Description Business
Number Of Units Total 0
MLS Area 166 - Poulsbo
Lot Size Units Square Feet
Lot Size Square Feet 2614
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 4152
Electric Expense 2725
Public Remarks Grab this rare opportunity to own a piece of local History! The Hostmark building is a true classic. As the oldest building in Downtown it is in all of the local history books as well as part of the
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Water Company City of Poulsbo
Water Sewer Garbage 3622
Property Style 60 - Comm Bldg Und 10K
Cap Rate 5.2
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Exterior
Exterior Amenities Wood Wood Products
Water Source Public
Total Parking 0
Foundation Details Block
Building Area Total 0
Lot Size Acres 0.06
Irrigation Water Rights Y/N N
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Interior
Flooring Laminate Vinyl Plank Carpet
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2528829
Street Number 1 18978
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* Excluded Features
List By
Chance Blowers

Listing Agent

Better Properties Gig Harbor

Broker

Affordability Calculator

$8,812
Per Month
96%
4%
0%
Monthly Principal & Interest
$8,466
Monthly Property Taxes
$346
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/26/2026$1,300,000 Listed Price

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18978 Front Street NE, Poulsbo, WA, 98370 is a Commercial Property for sale at $1,375,000 with a lot size of 0.06. 18978 Front Street NE was built in 1908. The property's zip code is 98370 which is in Poulsbo, WA