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Class A Office Building Investment
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818 Madison Ave N, Bainbridge Island, WA 98110

Well-maintained, fully occupied office building with stable tenants.

Space Size314 SF
Lot Size0.92 Acres
Days on Market470

Property Features for 818 Madison Ave N

General Information

Standard status Active
Size 314 SF
Lot size 0.92 Acres
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 818 Madison Ave N
Small Office, Great Building! $27/SF/Yr
Floor 2
Size 314 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Fantastic small office in a great building in a great location on Bainbridge Island. Second floor unit, very quiet property. Existing tenants include local non-profits, service professionals, health and wellness providers, and counselors.
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Listing Agency: Windermere Commercial / ERES
Listed By: Kelly Muldrow, CCIM
Source: Moodyscre
Added: Jul 16, 2025 Changed: Oct 25 Last Checked: Oct 28 at 12:29PM

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

Rey
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Investment Insights

Based on property information with market context.

The 818 Madison Building is a Class A office building located on Bainbridge Island. Designed by Wenzlau Architects, the building has been recently remodeled and updated. The property has a total size of 6,696 square feet and is 100% occupied by seven tenants. Individual tenant spaces range in size from 314 to 1,981 square feet. The building offers an opportunity to invest in a Class A office building with durable rents.

Key Highlights

  • Class A office building investment opportunity.
  • 100% occupied with stable tenants, ensuring consistent income.
  • Recently extensively remodeled and updated**, presenting a modern and attractive workspace.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Restaurant Hair Salon Real Estate Agency Spa & Massage Center Nail Salon

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

Lease Details

NNN (Triple Net)
Lease Type
$4.05 /SF/Yr
CAM

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Office building - Well-maintained, fully occupied office building with stable tenants.
Where is this office building located?
The property is located at 818 Madison Ave N Bainbridge Island, WA.
What is the lease rate?
The lease rate is $27 SF/Yr.
What are key features of this property?
This property features: Class A office building investment opportunity.; 100% occupied with stable tenants, ensuring consistent income.; Recently extensively remodeled and updated**, presenting a modern and attractive workspace.
(206) 949-3420 Call to check price and availability
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