Share This Listing

Message

937 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Fluff and Stuff 20363-20379 NW Cedar Ln 2,639 SF Vacant Retail Building Poulsbo, WA 98370 $1,675,104 CAD ($634.75 CAD/SF)

Save this listing!

Favourite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

Fluff and Stuff
Poulsbo assemblage: three parcels with four primary buildings totaling ±0.85 acres in the Viking Avenue Corridor (C-2 zoning), one of the city’s most flexible and dynamic districts. The site combines two residential parcels and one retail parcel, creating a footprint with income in place and clear long-term redevelopment potential.
Location
20363 – 20379 NW Cedar Lane, Poulsbo, WA
Total Assemblage: ±0.85 acres (±37,026 SF)
Zoning: C-2 Viking Avenue Corridor
Strategic access to Highway 305, downtown Poulsbo, ferry terminals, and regional markets
The Parcels
Parcel 1 – 20375 &20373 Cedar Ln | ±0.31 acres | Two detached homes + 480 SF garage + 240 SF carport
Parcel 2 – 20363 Cedar Ln | ±0.37 acres | 804 SF single-family home + 270 SF garage + 144 SF lean-to
Parcel 3 – 20379 Cedar Ln | ±0.17 acres | 575 SF retail store (Fluff N Stuff Salon)
Combined Snapshot: ±0.85 acres • Taxes (2025): ~$6,950
Square Footage – Primary Buildings
Dwelling R03 (built 1946): 660 SF, 1 bed/1 bath, 1 story
Dwelling R04 (built 1948): 600 SF, 1 bed/1 bath, 1 story
Dwelling R02 (built 1946): 804 SF, 2 bed/1 bath, 1 story
Retail Store (built 1952): 575 SF (Fluff N Stuff Salon)
Total Building SF: ±2,639 (residential ±2,064 + retail 575)
Zoning & Uses
Permitted uses include retail, restaurants, grocery, auto sales/service, offices, salons, hospitality, recreation, mixed-use housing, and self-storage. Conditional uses expand to healthcare, senior living, R&D, and more. Temporary permits allow mobile food service and short-term activations.
Summary
With income-producing structures already on-site, city utilities in place, and exceptional zoning flexibility, this assemblage provides multiple paths forward. Located in a rapidly growing submarket with limited buildable land, the Cedar Lane parcels represent a rare investment opportunity for developers, owner-users, or investors seeking both near-term income and long-term redevelopment upside.
Members-only remarks
Poulsbo Assemblage – Viking Avenue Corridor (C-2 Zoning)
20363 – 20379 NW Cedar Lane, Poulsbo, WA
Total Assemblage: ±0.85 Acres | ±37,026 SF | 2025 Taxes: ~$6,950
Offering Instructions
Title & Escrow: PNW Title & Escrow – Contact: JenniferI@pnwtkitsap.com
Offers: Must be on CBA forms (not NWMLS).
Leases: Two homes currently leased month-to-month.
Showings: Listing agent must be present—allow time to schedule.
Response: Allow time for PSA response.
Conditions: No LOAs, offers only.
Other: Supplements uploaded. No keybox.
The Assemblage
Three contiguous parcels totaling ±0.85 acres in Poulsbo’s Viking Avenue Corridor, one of the city’s most dynamic and flexible zoning districts.
Parcel 1 – 20375 Cedar Ln | ±0.31 acres
Two detached homes + garage/carport
Parcel 2 – 20363 Cedar Ln | ±0.37 acres
Single-family home with garage & lean-to
Parcel 3 – 20379 Cedar Ln | ±0.17 acres
575 SF retail store (Fluff N Stuff Salon)
Location Highlights
Prime C-2 Viking Avenue Corridor zoning – retail, commercial, and mixed-use potential
Easy access to Highway 305, downtown Poulsbo, ferry terminals, and regional markets
Area experiencing strong demographics, rapid growth, and constrained land supply
Zoning & Use Potential
Permitted Uses:
Retail • Restaurants • Grocery • Auto Sales/Service • Offices • Salons • Hospitality • Recreation • Mixed-Use Housing • Self-Storage
Conditional Uses:
Healthcare • Senior Living • R&D • More
Temporary Permits:
Mobile food service and other short-term activations
Investment Highlights
Income in place with existing homes and retail structure
Low-barrier holding strategy with month-to-month tenants
Flexible redevelopment paths with C-2 zoning
Rare assemblage opportunity for developers, investors, or owner-users

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Building Size
2,639 SF
Building Class
C
Year Built
1952
Price
$1,675,104 CAD
Price Per SF
$634.75 CAD
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.07
Lot Size
0.85 AC
Zoning
C-2 - C-2 Viking Avenue Corridor (City of Poulsbo)
Frontage
72’ on NW Finn Hill Rd

AMENITIES

  • Bus Line
  • Corner Lot

NEARBY MAJOR RETAILERS

Starbucks
CrossFit
Chase
Denny's
Bank of America
Snap Fitness 24/7
Columbia Bank
KeyBank
TacoTime
Casa Ramos

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
152601-1-033-2007
Land Assessment
$204,698 CAD
Improvements Assessment
$116,252 CAD
Total Assessment
$320,950 CAD
  • Listing ID: 37795074

  • Date on Market: 2025-09-23

  • Last Updated:

  • Address: 20363-20379 NW Cedar Ln, Poulsbo, WA 98370

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}