818 Madison Ave N
Bainbridge Island WA 98110
![](https://www.commercialmls.com/Media/Listing/web/669104.jpg)
818 Madison Building
818 Madison Ave N Bainbridge Island WA 98110
Listing #: 669104 | Status: Available | Last Modified: 8/28/2024 |
For Sale
- Phone:(206) 949-3420
- Email:kelly@muldrow.net
- Office Name:Windermere Commercial / ERES
- Office Phone:(206) 780-5007
- Office Website:www.windermerecommercial-eres.com
![](/Media/Agent/19826.jpg)
- Call Listing AgentNo
- Use DiscretionNo
![](https://www.commercialmls.com/Media/Listing/web/669104.jpg)
- Listing Price$ 2,450,000.0
- $/SF$ 365.9
- Listing StatusAvailable
- Days on Market415
- Asset ClassOffice
- Terms
- Investment Type
- Investment PropYes
- Gross Income194,994
- Vacancy Factor %0.00%
- Operating Expenses56,570
- Net Operating Income138,424
- CAP Rate 5.65 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units2
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusExisting
- # of Buildings1
- # of Floors2
- # of Units2
- # of Elevators0
- A/CYes
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF6696
- Net Rentable Area6137
- Total Office SF6137
- Largest Contiguous SF
- Lot SF40075
- Acres0.92
- Property TypeOffice
- Office TypeMulti-Tenant
- InvestmentYes
- Building ClassA
- CountyKitsap
- Vicinity
- Location Description
- Second Address
- Cross StreetWallace Way
- Market AreaBainbridge Island
- Tax ID #26260220202007
- Additional Parcels2537967
- ZoningMAD
- # Covered Spaces0
- # Uncovered Spaces39
- Total Parking Spots39
- Parking Ratio7
- Year Built2005
- Year Renovated
- Completion Date
- Roof Type
- SprinklersYes
- Construction TypeConcrete, Wood
Class A Office for Sale
Price Reduced! First Time to Market. The 818 Madison Building represents the best in Bainbridge Island design and function and is a proven performer. The building is 100% occupied and consists of seven, stable tenants in spaces ranging from 314 to 1,981 square feet. Designed by Wenzlau Architects and recently extensively remodeled and updated, The 818 Building offers a fresh opportunity to invest in a Class A office building with durable rents.
![](https://members.catylist.com/api/images/data/og/media/user_uploads/636d631aa424640007281572_818madison_17.jpg)
![](https://members.catylist.com/api/images/data/og/media/user_uploads/636d631ba424640007281573_818madison_7.jpg)
![](https://members.catylist.com/api/images/data/og/media/user_uploads/636d631da424640007281575_818madison_23.jpg)
![](https://members.catylist.com/api/images/data/og/media/user_uploads/636d6320a424640007281576_818madison_31.jpg)
![](https://members.catylist.com/api/images/data/og/media/user_uploads/636d6320e666150007b5f5b2_818madison_32.jpg)
![](https://members.catylist.com/api/images/data/og/media/user_uploads/62c7492d5f9333000746fa2c_1.2_818_madison_kelly_muldrow_bainbridge_commercial_2.jpg)
![](https://members.catylist.com/api/images/data/og/media/user_uploads/636d631ae666150007b5f5af_818madison_6.jpg)
![](https://members.catylist.com/api/images/data/og/media/user_uploads/62c7492d7ea7fc0008eeecf9_818_madison_kelly_muldrow_bainbridge_commercial_5.jpg)
![](https://members.catylist.com/api/images/data/og/media/user_uploads/62c7492d7ea7fc0008eeecfa_1.4_818_madison_kelly_muldrow_bainbridge_commercial_7.jpg)
![](https://members.catylist.com/api/images/data/og/media/user_uploads/62c7492d7ea7fc0008eeecfb_818_madison_kelly_muldrow_bainbridge_commercial_8.jpg)
![](https://members.catylist.com/api/images/data/og/media/user_uploads/62c7492d5f9333000746fa2d_818_madison_kelly_muldrow_bainbridge_commercial_14.jpg)
![](https://members.catylist.com/api/images/data/og/media/user_uploads/62c7492d5f9333000746fa2e_818_madison_kelly_muldrow_bainbridge_commercial_27.jpg)
![](https://members.catylist.com/api/images/data/og/media/user_uploads/62c7492e7ea7fc0008eeecfc_818_madison_kelly_muldrow_bainbridge_commercial_28.jpg)
![](https://members.catylist.com/api/images/data/og/media/user_uploads/62c7492e5f9333000746fa2f_818_madison_kelly_muldrow_bainbridge_commercial_30.jpg)
![](https://members.catylist.com/api/images/data/og/media/user_uploads/62c7492e7ea7fc0008eeecfd_818_madison_kelly_muldrow_bainbridge_commercial_29.jpg)