350 Madison Ave N
Bainbridge Island WA 98110

350 Madison Avenue N

350 Madison Ave N Bainbridge Island WA 98110

Listing #: 683585 | Status: Available | Last Modified: 8/26/2024 |

For Sale
Bror Elmquist
  • Phone:(206) 841-5091
  • Email:bror.elmquist@rsir.com
  • Office Name:Realogics Sotheby's International Realty
  • Office Phone:(206) 842-0842
  • Office Website:
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 1,950,000.0
  • $/SF$ 461.4
  • Listing StatusAvailable
  • Days on Market62
  • Asset ClassOffice
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income158,948
  • Vacancy Factor %0.00%
  • Operating Expenses47,599
  • Net Operating Income111,349
  • CAP Rate 5.71 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors2
  • # of Units0
  • # of Elevators0
  • A/CYes
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF4226
  • Net Rentable Area1826
  • Total Office SF1826
  • Largest Contiguous SF
  • Lot SF16117
  • Acres0.37
Property Type
  • Property TypeOffice
  • Office TypeOther
  • Building ClassB
Location
  • CountyKitsap
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaBainbridge Island
  • Tax ID #4119-000-003-0007
  • Additional Parcels1519065
  • ZoningCORE
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces12
  • Total Parking Spots12
  • Parking Ratio4/1000sf
Construction
  • Year Built1962
  • Year Renovated2012
  • Completion Date
  • Roof Type
  • Construction TypeFramed

350 Madison

Public Comments

Class A office building in Downtown Winslow on main arterial avenue, on block from main shopping district. Lots of parking with mature landscaping. Investment opportunity with long term single tenant with 2 years remaining. Also available for redevelopment, see broker remarks.

Listing Images