Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    250 Madrona Way NE Bainbridge Island, WA 98110

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,088,000

    2,889 SF office building in Bainbridge Island's downtown core.

    Property size:
    2,889 SF

    Property Features for 250 Madrona Way NE

    General Information

    Standard status
    Active
    Size
    2,889 SF

    Building Details

    Year built
    2001

    Source: WINDERMERE COMMERCIAL / ERES Agent KELLY MULDROW, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Bainbridge Island Standalone Office

    Available for occupancy on June 1, 2025, this 2,889-square-foot standalone office building offers an opportunity to own a commercial building on Bainbridge Island’s downtown core. Located on a quiet street near the heart of Winslow, the property features high-quality construction and a design suitable for professional uses. The building consists of two commercial condos with a shared entry. Large western-facing windows provide natural light. The layout includes private offices, a conference room, and open flex areas. There is a kitchenette and bathroom on each floor. The property controls seven parking stalls, six of which are covered. As part of a professionally managed condominium project, this building is suitable for establishing or expanding a business.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bainbridge Island
    County
    Kitsap
    State
    Washington
    Longitude
    -122.5193778
    Latitude
    47.6280566

    Nearby Similar for Sale

    • $1,088,000
      2,889 SF

      Bainbridge Island Standalone Office Building

      2,889 SF standalone office building in downtown Bainbridge Island.
      250-284 Madrona Way NE, Bainbridge Island, WA 98110
      View Details
    • $998,000
      1,457 SF

      Refined Winslow Way Boutique Residence

      Boutique living near Winslow Way, steps from Seattle Ferry.
      400 Winslow Way E, Bainbridge Island, WA 98110
      View Details
    • $1,960,000

      Rolling Bay Retail Center Investment

      Multi-tenant retail center with development potential in Rolling Bay.
      10320 NE Valley Rd, Bainbridge Island, WA 98110
      View Details
    • $300,000
      1,690 SF

      Versatile Office Space with Amenities

      Adaptable 1,690 SF office space with unique features.
      360 Knechtel Way NE, Bainbridge Island, WA 98110
      View Details
    • $985,000
      2,049 SF

      Harbor Square Corner Office Space

      Corner office space near Bainbridge Island ferry terminal with parking.
      776 Winslow Way E, Bainbridge Island, WA 98110
      View Details
    • $465,000
      1,350 SF

      Winslow Condo Near Ferry

      Ground floor condo with fenced yard near Winslow ferry terminal.
      465 Winslow Way E, Bainbridge Island, WA 98110
      View Details

    FAQs

    What type of property is this?
    Office building - 2,889 SF office building in Bainbridge Island's downtown core.
    Where is this office building located?
    The property is located at 250 Madrona Way NE Bainbridge Island, WA.
    What is the asking price?
    The asking price for this property is $1,088,000.
    What are key features of this property?
    This property features: - Available June 1, 2025.; - **2,889 sq ft standalone office building in downtown Bainbridge Island.**; - High-quality construction ideal for professional use.
    Request Owner's contact information
    250 Madrona Way NE Bainbridge Island, WA 98110
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    250 Madrona Way NE
    Bainbridge Island, WA 98110
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    250 Madrona Way NE Bainbridge Island, WA 98110
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.