0 Un-DisclosedBainbridge Island, WA 98110

For Sale
$3,500,000

Prime Bainbridge Island investment, high growth potential.

Overview

Added:
Dec 11, 2024
Days on market:
93
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.

Highlights

  • $3,500,000 asking price for a mixed-use property in Bainbridge Island, WA.
  • 9,200 square feet across two buildings, with 50 parking spaces.
  • Located on a 0.98-acre lot (46,888 sq ft) in the Bainbridge Island Center Special Planning Area, zoned NC.
  • Features existing retail/light manufacturing units, workshops, and carport areas; ceiling heights range from 9 to 20 feet.
  • Ideal for owner-users seeking value-add or redevelopment opportunities.

Property Details for 0 Un-Disclosed

Property type
Other warehouses, Other retail properties
Square Feet
9,200 SF
Buildings
2

Location Insight

City
Bainbridge Island
County
Kitsap
State
Washington
Latitude
47.6458327
Longitude
-122.5434407
Un-Disclosed, Bainbridge Island, Washington

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0 Un-Disclosed
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