360 KNECHTEL WAY NE, Bainbridge Island, WA 98110
Highly improved condo with vaulted ceilings, expansive windows, and private restroom and shower for flexible professional use.
- Added:
- May 28, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 6 at 3:19 am
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 agent Tom O'Brien License #WA
Listing office Pacific Commercial Brokers
Listing date May 28, 2026
Source Crexi
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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
- Built‑in cabinetry and efficient storage throughout
- Private restroom and shower facilities for flexible professional use
- Professionally managed HOA and on‑site parking
Overview
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.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bainbridge Island
- County
- Kitsap
- State
- Washington
- Longitude
- -122.5180419
- Latitude
- 47.6307706
