12935 Islandcraft Lane NE Unit #A5, Bainbridge Island, WA 98110
- $458,000
Listing courtesy of Windermere Commercial/ERES.
- List Price
- $458,000
- Status
- ACTIVE
- MLS#
- 2184332
- Price Change
- ▼ $29,500 1752662621
- Days on Market
- 968
- Annual Tax Ammount
- 1770
Property Description
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
Additional Information
- Community
- Bainbridge Island
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 2015
- Tax Year
- 2023
- HOA Dues
- $2,000
- Potential Terms
- Conventional
- Interior Features
- Concrete
- Flooring
- Concrete
- Driving 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.
- Other Expenses
- 2000
- Energy Source
- Electric
- Net Operating Income
- $22,700
- Cap Rate
- 4.66
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