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490 Madison Ave N - Wyatt's Corner Condominiums

2,148 SF Office Condo Unit Offered at $926,000 in Bainbridge Island, WA 98110

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Property Facts

Price	$926,000	Building Class	B
Unit Size	2,148 SF	Floors	3
No. Units	1	Typical Floor Size	5,000 SF
Total Building Size	12,463 SF	Year Built	1990
Property Type	Office (Condo)	Lot Size	0.70 AC
Sale Type	Investment NNN	Parking Ratio	0.88/1,000 SF

Price	$926,000
Unit Size	2,148 SF
No. Units	1
Total Building Size	12,463 SF
Property Type	Office (Condo)
Sale Type	Investment NNN
Building Class	B
Floors	3
Typical Floor Size	5,000 SF
Year Built	1990
Lot Size	0.70 AC
Parking Ratio	0.88/1,000 SF

1 Unit Available

Unit 101A

Unit Size	2,148 SF	Sale Type	Investment
Price	$926,000	Cap Rate	5.36%
Price Per SF	$431.10	NOI	$49,589
Condo Use	Office	APN/Parcel ID	81060001050109

Unit Size	2,148 SF
Price	$926,000
Price Per SF	$431.10
Condo Use	Office
Sale Type	Investment
Cap Rate	5.36%
NOI	$49,589
APN/Parcel ID	81060001050109

Description

For Sale: Prime 2,148 sq. ft. office condo in the heart of Bainbridge Island. This stylish three-office suite boasts custom finishes with a conference room, reception area and kitchenette.

In addition to the ground-level 2,148 sf, the unit includes a spacious basement, perfect for storage or creative uses.

Currently, the owner occupies 1,367 sq. ft., generating additional income from two tenants in 781 sq. ft.

Commercial office condominiums are an excellent entry point for businesses who wish to be their own landlords. Seller financing is available.