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Listing provided by NWMLS, courtesy of Johansson Clark Real Estate

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$1,500,000  (list price)
/mo   Edit
MLS# 1303484
Built 1910
0.25 acres
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    Description:   A rare opportunity to own commercial property on a very vibrant section of Winslow Way. Property has existing income from 4 long term businesses, and opportunity to increase revenue utilizing existing structures, or totally redeveloping the property. Close to ferry terminal with high daily pedestrian and traffic count. Protected ravine is adjacent and to the east of subject.


    Approx. Sq Ft: 0 ft²
    Approx. Office Sq Ft: 0 ft²
    Approx. Whse/Mfg Sq Ft: 0 ft²
    Approx. Building Sq Ft: 5,324 ft²
    Energy Source: Electric, Propane
    Floor Covering: Concrete, Vinyl
    Features: Storage


    Sewer: Sewer Connected


    City: Bainbridge Island
    State: WA
    Zip Code: 98110
    Area: 170
    County: Kitsap
    Latitude: 47.62504300
    Longitude: -122.51630900


    Year Built: 1910
    Foundation: Post & Pillar, Poured Concrete, Slab
    Roof: Built-Up, Composition, Metal
    Exterior: No
    Ceiling Height: N/A
    Column Spacing: N/A
    Power Service in AMPS: 0


    Depth of Lot: 100
    Environment Survey: N
    Boundary Survey: Y
    Pad Ready: N
    Lot Sq Ft: 10,890 ft²


    Community Name: Winslow
    Number of Available Pads: 0
    General Zoning Classification: Commercial, Multi-Family, Retail
    Zoning Jurisdiction: City
    Site Frontage: 139


    Terms: Cash Out

    Finance & Taxes

    Homeowner Dues (monthly): None
    Tax Expense: $9,042
    Electrical Expenses: 0
    Total Expenses: 0
    Tax Year: 2020
    Gross Scheduled Income: 0
    Vacancy Rate: 5
    Gross Adjusted Income: 0
    Total Expenses: 0
    Net Operating Costs: 66495
    Cap Rate -NOI div LP: 4.40


    Features: Storage

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    Listing provided by NWMLS, courtesy of Johansson Clark Real Estate