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Listing provided by NWMLS, courtesy of Coldwell Banker Bain

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Active
$417,300
/mo   Edit
MLS# 1405300
Commercial/Industrial
Built 1984
2.17 acres
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    Description:   Winslow Green Commercial Corner Unit, Middle Building. Corner lot Winslow Way & Madison. Mixed use Condominium 1 of 17 Commercial & 34 Residential units. Excellent viability. Lots of business parking. Good foot traffic. Active common area with sitting. Triple net Leased $1250 to owner, tenant pays HOA Fees $682+ 1/12 of the taxes each month. HOA pays water, sewer & garbage. Tenant Z Bones are renting 2 adjoining units with different owners wall has been removed between units.Condo # 1405000

    Interior

    Approx. Sq Ft: 0 ft²
    Approx. Office Sq Ft: 750 ft²
    Approx. Whse/Mfg Sq Ft: 0 ft²
    Approx. Building Sq Ft: 0 ft²
    Energy Source: Electric

    Utilities

    Sewer: Sewer Connected

    Location

    City: Bainbridge Island
    State: WA
    Zip Code: 98110
    Area: 170
    County: Kitsap
    Latitude: 47.62535700
    Longitude: -122.52216800

    Building

    Unit: F
    Year Built: 1984
    Foundation: Poured Concrete
    Roof: Tile
    Exterior: Brick, Stucco, Wood
    Ceiling Height: 12 feet
    Power Service in AMPS: 0

    Lot

    Depth of Lot: 0
    Environment Survey: N
    Lot Sq Ft: 94,525 ft²

    Site

    Community Name: Winslow
    Number of Available Pads: 0
    General Zoning Classification: Office, Retail
    Zoning Jurisdiction: City
    Site Frontage: 0

    Rent

    Terms: Cash Out, Conventional

    Finance & Taxes

    Homeowner Dues (monthly): $682
    Tax Expense: $2,472
    Electrical Expenses: 0
    Total Expenses: 10656
    Tax Year: 2019
    Gross Scheduled Income: 25656
    Vacancy Rate: 0
    Gross Adjusted Income: 25656
    Total Expenses: 10656
    Net Operating Costs: 14748
    Cap Rate -NOI div LP: 4.00

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    Listing provided by NWMLS, courtesy of Coldwell Banker Bain