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- LoopNet Team
12685 Miller Rd NE
Bainbridge Island, WA 98110
Miller Road Business Center · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Located near Hwy 3305, room for owner user or lease out more space. Current tenants are mo to mo except Ozone &n Grain
PROPERTY FACTS
AMENITIES
- Atrium
- Bus Line
- Conferencing Facility
- Storage Space
- Air Conditioning
UTILITIES
- Gas - Propane
- Sewer - Septic Field
- Heating - Electric
ABOUT 12685 MILLER RD NE , BAINBRIDGE ISLAND, WA 98110
14,00 SF Building Constructed in 2001, heavy duty steel frame and free span ceiling to create as you desire. 7,000 SF main and 2nd level, 1st floor ideal for storage, light manuf. Elevator & Stairwell, 2 restrooms on each floor. Upper level vacant, main level has 3 tenants, 1 on lease through 12/31/2023, other 2 are month to month, approx 1,100 Sf each. Level access to main with a few roll up doors. 2nd Bldg is 6,000 SF, 3,000 per floor. Lower level street access on lease through 11/2025 with option to extend. Upper level also street access,(pony dock,2- roll up doors, 2 tenants, month to month. One occupies 1,500 Sf, 2nd 1,000 Sf remaining 500 SF used for storage. GSI=$139,200, GAI=$132,240, Total Expenses = $64,481, NOI=$67,250 CAP=3.16. Potential for upside as investment, current 7,000 SF Vacant. Contact Listing Broker for detailed breakdown on financials
