Professional Office Live-Work
360 KNECHTEL WAY NE Bainbridge Island, WA 98110
360 KNECHTEL WAY NE, Bainbridge Island, WA, 98110
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For Sale
Contact for pricing
Highly improved condo with vaulted ceilings, expansive windows, and private restroom and shower for flexible professional use.
Property Size1,250 SF
Price / SF$320
Days on Market56
Property Features for 360 KNECHTEL WAY NE
General Information
- Standard status
- Active
- Size
- 1,250 SF
- Property subtype
- Retail, Office, Mixed Use
Building Details
- Year Built
- 2007
Listing agency
Pacific Commercial Brokers
Listed by
Tom O'Brien · License #WA
Source
Crexi
Added: May 28 Updated: Jul 10 at 3:59PM Checked: Jul 22 at 11:57AM
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 Pacific Commercial Brokers
Investment Insights
Based on property information with market context.
This highly improved professional office/live-work style condo is located in an attractive mixed-use building constructed in 2007. Inside, the space offers dramatic vaulted ceilings and expansive windows designed to bring in abundant natural light. Interior finishes reflect a warm Pacific Northwest aesthetic, supported by practical built-ins including built-in cabinetry and efficient storage solutions. The layout includes large open gathering/work areas, a mirrored studio space, and private restroom and shower facilities, along with a fireplace/lounging environment.
Set on Bainbridge Island near downtown amenities, restaurants, and ferry access, the property also sits within reach of surrounding residential neighborhoods. The building is professionally managed through an HOA, and on-site parking is available for added convenience.
The configuration supports a wide range of owner-user and professional operations, including medical, therapy, wellness, fitness, consulting, creative studios, and boutique office use. With both open collaborative space and dedicated studio areas, it can accommodate work that benefits from flexible zoning of areas for clients, sessions, or daily operations, while retaining private sanitary and shower facilities within the unit.
Set on Bainbridge Island near downtown amenities, restaurants, and ferry access, the property also sits within reach of surrounding residential neighborhoods. The building is professionally managed through an HOA, and on-site parking is available for added convenience.
The configuration supports a wide range of owner-user and professional operations, including medical, therapy, wellness, fitness, consulting, creative studios, and boutique office use. With both open collaborative space and dedicated studio areas, it can accommodate work that benefits from flexible zoning of areas for clients, sessions, or daily operations, while retaining private sanitary and shower facilities within the unit.
Key Highlights
- 2007‑built mixed‑use building with a highly improved professional office/live‑work style condo
- Dramatic vaulted ceilings and expansive windows for abundant natural light
- Large open gathering/work areas plus mirrored studio space
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.0k | $32.76 |
| − Vacancy | −$3.8k | −$3.08 |
| EGI | $37.1k | $29.68 |
| − OpEx | −$14.8k | −$11.87 |
| NOI | $22.3k | $17.81 |
1,250 SF · lease $32.76/SF/yr · vacancy 9.40% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$318.0K
$278.3K – $371.0K
NOI $22,260 @ 7.0% cap · market cap 5.56%
Second Best
Office B
$254.6K
$222.8K – $297.0K
NOI $17,820 @ 7.0% cap · market cap 4.46%
Theoretical Best
Specialty Retail
$416.8K
$364.7K – $486.3K
NOI $29,177 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Highly improved condo with vaulted ceilings, expansive windows, and private restroom and shower for flexible professional use.
Where is this live-work space located?
The property is located at 360 KNECHTEL WAY NE Bainbridge Island, WA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 2007‑built mixed‑use building with a highly improved professional office/live‑work style condo; Dramatic vaulted ceilings and expansive windows for abundant natural light; Large open gathering/work areas plus mirrored studio space
