12935 Islandcraft Lane NE # A5 Bainbridge Island, WA $ 487,500
12935 Islandcraft Lane NE # A5
$ 487,500
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12935 Islandcraft Lane NE # A5

Bainbridge Island, WA, 98110
$ 487,500
Baths0.0

Monthly Estimate*

$ 3,405

Listed by Windermere Commercial/ERES
12935 Islandcraft Lane NE # A5, Bainbridge Island, WA 98110 - Image 1
12935 Islandcraft Lane NE # A5, Bainbridge Island, WA 98110 - Image 2
12935 Islandcraft Lane NE # A5, Bainbridge Island, WA 98110 - Image 3
12935 Islandcraft Lane NE # A5, Bainbridge Island, WA 98110 - Image 4
12935 Islandcraft Lane NE # A5, Bainbridge Island, WA 98110 - Image 5
12935 Islandcraft Lane NE # A5, Bainbridge Island, WA 98110 - Image 6
12935 Islandcraft Lane NE # A5, Bainbridge Island, WA 98110 - Image 7
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Studio

Commercial Property for sale in Bainbridge Island, WA

for $487,500. This building was built in 2015.

This is a great investment opportunity located on Bainbridge Island at the Island Craft Condominium project. The unit for sale is currently occupied by a well-established coffee roaster who has committed to a long-term lease. The Island Craft Condominiums comprise individually owned light industrial condominiums, which cater to various high-quality personal and professional uses. Total Unit Size: 1,254 square feet. Zoned Business Industrial by Bainbridge Island Single Tenant Unit, Leased, with options to extend through 2029 Proforma Net Operating Income: $22,700

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Commercial Active

Price

$ 487,500

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,770

Style

Comm Bldg Und 10K

Year Built

2015

Town/City

Bainbridge Island

County/Region

Kitsap

MLS | Web ID

2184332

Features
General
Interior Features Concrete
Sewer Septic Tank
Heating Ductless HP-Mini Split
Cooling Ductless HP-Mini Split
Possession Tenant's Rights
HOA 2000
Year Built 2015
Unit Number A5
Property SubType Commercial Industrial
Tax Year 2023
Assoc Fee Paid Per Annually
County Kitsap
Net Operating Income 22700
Property Type Commercial Sale
HOA / Comm Assn Y
Subdivision Name Bainbridge Island
Possible Use Commercial
Building Features Leased Fixtures Satellite
Special Listing Conditions None
Status Active
Directions West from Hwy 305 on Day Road Right on Zanshin lane past building on left turn left to lower building listing is northernmost unit on the lower building.
City Bainbridge Island
Buyer Agent Compensation 3.0
Senior Community Y/N N
Total Units 1
MLS Area 170 - Bainbridge Island
Lot Size Square Feet 0
Carport Y/N N
Street Name Islandcraft
Listing Terms Conventional
Tax Annual Amount 1770
Public Remarks This is a great investment opportunity located on Bainbridge Island at the Island Craft Condominium project. The unit for sale is currently occupied by a well-established coffee roaster who has commi
Virtual Tour https://kellymuldrow.com/a5
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Zoning Class Commercial
Property Style 60 - Comm Bldg Und 10K
Cap Rate 4.66
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Interior
Flooring Concrete
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Lane
Living Area Units Square Feet
Power Production Type Electric
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Exterior
Total Parking 0
Building Area Total 0
Lot Size Acres 0
Lot Size Units Square Feet
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
OriginalMLSID NWM2184332
Street Number 1 12935
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* Excluded Features
List By
Kelly Muldrow

Listing Agent

Windermere Commercial/Eres

Broker

Affordability Calculator

$3,553
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,405
Monthly Property Taxes
$148
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/6/2023$487,500 Listed Price

Map


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12935 Islandcraft Lane NE # A5, Bainbridge Island, WA, 98110 is a Commercial Property for sale at $487,500. 12935 Islandcraft Lane NE # A5 is a studio with 0.0 baths and was built in 2015. The property's zip code is 98110 which is in Bainbridge Island, WA