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Class A Bainbridge Island Office
For Sale
$2,400,000

840 Madison Ave N, Bainbridge Island, WA 98110

Fully occupied Class A office building with stable tenants.

Property SizeContact for details
Lot Size0.11 Acres
Days on Market725

Property Features for 840 Madison Ave N

General Information

Standard status Active
Lot size 0.11 Acres
Listing Agency: Windermere Commercial/ERES
Listed By: Kelly Muldrow
Source: Exprealty
Added: Aug 28, 2024 Changed: Aug 20 Last Checked: Aug 22 at 12:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere Commercial/ERES

Investment Insights

Based on property information with market context.

The 818 Madison Building is a Class A office building located on Bainbridge Island. The building is fully occupied by seven tenants, with spaces ranging from 314 to 1,981 square feet. Designed by Wenzlau Architects, the building has been recently remodeled and updated.

Key Highlights

  • 100% Occupied: Provides immediate and consistent rental income.
  • Class A Office Building: Represents a high‑quality investment opportunity.
  • Recently Remodeled and Updated: Reduces potential maintenance costs and enhances appeal.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Electrical Service Carpet & Flooring Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,809
Businesses Nearby

Demographics for 98110, WA

24,825
Population
10,728
Households
2.3
Avg Household Size
51
Median Age
75%
College-Educated
99%
High-School Grad
27.6 sq mi
ZIP Area
899
Density / Sq Mi
$159,882
Median Household Income
$77,528
Median Earnings
$2,081
Median Rent
$1,076,200
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Fully occupied Class A office building with stable tenants.
Where is this office building located?
The property is located at 840 Madison Ave N Bainbridge Island, WA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 100% Occupied: Provides immediate and consistent rental income.; Class A Office Building: Represents a high‑quality investment opportunity.; Recently Remodeled and Updated: Reduces potential maintenance costs and enhances appeal.
More about this property
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