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Seabreeze 123 Bjune Dr SE 1,313 SF 100% Leased Retail Building Bainbridge Island, WA 98110 $545,000 ($415.08/SF) 5.47% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Ground floor retail/office

EXECUTIVE SUMMARY

Fully leased professional medical space and street-facing retail unit, with leases secured through June 2026. This unit is situated within the prestigious Seabreeze Condominiums mixed-use complex and capitalizes on the proximity to waterfront marinas, restaurants and downtown shopping.
~ Total Condo Size: 1,313 square feet.
~ Bainbridge Island Core District zoning.
~ Includes access to underground parking.
~ Well-established mixed-use living and retail center
~ Current Net Operating Income: $29,801

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,313 SF
Building Class
C
Year Built
2006
Price
$545,000
Price Per SF
$415.08
Cap Rate
5.47%
NOI
$29,800
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
0.32 AC
Zoning
CITY - Bainbridge Island CORE
Frontage
151’ on Bjune Dr SE
Walk Score®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Columbia Bank
Chase Bank
Club Pilates
Starbucks
Safeway
Homestreet Bank
Bank of America
WaFd Bank
KeyBank
  • Listing ID: 30352511

  • Date on Market: 12/12/2023

  • Last Updated:

  • Address: 123 Bjune Dr SE, Bainbridge Island, WA 98110

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