LISTING DETAILS

818 Madison Building

818 Madison Ave N Bainbridge Island WA 98110

Listing #: 669104 | Status: Available | Last Modified: 8/28/2024

Showing Instructions
Call Listing Agent	No
Use Discretion	No

Investment Information
Investment Prop	Yes
Gross Income	194,994
Vacancy Factor %	0.00%
Operating Expenses	56,570
Net Operating Income	138,424
CAP Rate	5.65 %

Detail Listing Information
Min Total SF	0 SF
Max Total SF	0 SF
Lease Rate Low	$ 0.00
Lease Rate High	$ 0.00
Total Units	2

Retail Information
Signage	Signage on Building and Freestanding

Building Information
Building Status	Existing
# of Buildings	1
# of Floors	2
# of Units	2
# of Elevators	0
A/C	Yes
Total Building SF	6,696 SF
Net Rentable Area	6,137 SF
Total Office SF	6,137 SF
Largest Contiguous SF	0 SF
Lot SF	40,075 SF
Acres	0.92
Year Built	2005
Sprinklers	Yes
Construction Type	Concrete, Wood

Property Type
Property Type	Office
Office Type	Multi-Tenant
Investment	Yes
Building Class	A

Location
County	Kitsap
Cross Street	Wallace Way
Market Area	Bainbridge Island
Tax ID #	26260220202007
Zoning	MAD

Parking Information
#Covered Spaces	0
# Uncovered Spaces	39
Total Parking Spots	39
Parking Ratio	7

Class A Office for Sale

Public Comments

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.

818 Madison Building
818 Madison Ave N Bainbridge Island WA 98110

Listing #: 669104 | Status: Available | Listing Date: 7/13/2023 | Last Modified: 8/28/2024 | Email Listing

For Sale

818 Madison Building

Listing Images