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    250-284 Madrona Way NE Bainbridge Island, WA 98110

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    For Sale
    $1,088,000

    2,889 SF standalone office building in downtown Bainbridge Island.

    Property size:
    2,889 SF
    Lot size:
    0.70 Acres

    Property Features for 250-284 Madrona Way NE

    General Information

    Size
    2,889 SF
    Lot size
    0.70 Acres

    Source: Windermere Commercial / ERES Agent Kelly Muldrow, CCIM

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

    Overview

    Bainbridge Island Standalone Office Building

    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 minutes from the heart of Winslow on a quiet street, the property features high-quality construction and a design suited for professional uses. The building comprises two commercial condos with a shared entry. Large western-facing windows provide natural light, and the layout includes private offices, a conference room, and open flex areas. Each floor has a kitchenette and bathroom. 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 presence on Bainbridge Island.
    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

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    FAQs

    What type of property is this?
    Office building - 2,889 SF standalone office building in downtown Bainbridge Island.
    Where is this office building located?
    The property is located at 250-284 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: - Prime downtown Bainbridge Island location, minutes from Winslow.; - **2,889 sq ft standalone office building.**; - High-quality construction and design ideal for professional use.
    (206) 949-3420
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    250-284 Madrona Way NE Bainbridge Island, WA 98110
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    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
    250-284 Madrona Way NE Bainbridge Island, WA 98110
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