0 Un-Disclosed Bainbridge Island, WA 98110
This exceptional investment opportunity presents a unique chance to acquire a mixed-use property situated in Bainbridge Island's highly desirable Center Special Planning Area. The property encompasses two buildings totaling 9,200 square feet, offering a blend of retail and light manufacturing spaces, along with additional workshop and carport areas. Currently configured as multi-tenant, the property provides immediate rental income potential or the opportunity for owner-occupancy. The expansive 0.98-acre lot provides ample space for future development. The property benefits from NC zoning, allowing for a variety of development projects, making it an ideal platform for value-add or redevelopment strategies. With 50 parking spaces and ceiling heights ranging from 9 to 20 feet, the existing structures offer flexibility for various uses. The asking price is $3,500,000, translating to $380.43 per square foot. This represents a compelling investment in a rapidly growing area with significant long-term potential. The property's location within the Special Planning Area positions it for substantial future appreciation, making it an attractive proposition for both seasoned investors and those seeking a strategic entry point into the Bainbridge Island market. This is a rare opportunity to capitalize on the vibrant growth trajectory of this sought-after location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.