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Property profile & analytics
FOR LEASE
Medical Office Space

727 Ericksen Ave NE Bainbridge Island, WA 98110

5,200 SF 0.23 ac lot Built 2000
Entity Owned 18-yr Hold Absentee Owner Free & Clear
Property ID
US90-0703634
727 Ericksen Ave NE, Bainbridge Island, WA 98110 For Lease
$27.44 SF/Yr 363 SF available
727 Ericksen Ave NE, Bainbridge Island, WA 98110
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Property summary
AI-generated overview

This exceptional 363-square-foot medical office space is situated within a well-maintained, two-story Class B building in the heart of Winslow, Kitsap County. Built in 2000, the building offers a total of 5,200 square feet, currently housing multiple tenants. This particular unit presents a rare opportunity, representing one of the last remaining office spaces available on Bainbridge Island. Ideal for a solo practitioner or small professional practice seeking a quiet and productive workspace outside of a home office environment. The property boasts convenient access to the Winslow core, providing easy access to amenities and clients. The 0.23-acre lot (10,019 square feet) includes ample parking with 20 spaces available for tenants and visitors. The building is zoned for city use and features a single building with no elevators. The property's tax ID number is 50910000040203. This is a fantastic chance to establish a presence in a thriving and established medical/dental building in a highly desirable location. Don't miss this opportunity to secure your ideal workspace.

Property profile
Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 2000
Total area 5,200 SF
Lot 0.23 ac (10,019 SF)
Zoning code CITY
APN 5091-000-004-0203
UPID US90-0703634
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.43M
Comparable Approach Comparable
$692k
Blend (final) Blend
$1.07M
Owner & transaction history
Aerie Healthcare Props LLC · 18 yrs held
Aerie Healthcare Props LLC
since 2008
5 recorded transactions
2008
$1.7M
1998
Price N/A
1998
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CITY · Bainbridge Island, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.4M +13.4%
Neighborhood: shopping center $1.3M +5.1%
Office building $1.3M +2.6%
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