123 Bjune DrBainbridge Island, WA 98110

Property Details for 123 Bjune Dr

Year built

2004

Property size (Sq ft)

1,313 SF

Property type

Retail properties

Property subtype

Retail space

Description

This exceptional Class A, 1,313 square foot storefront, located at 123 Bjune Dr SE in Bainbridge Island, WA 98110, presents a compelling investment opportunity. Part of the prestigious Seabreeze Condominiums, a mixed-use complex, this fully occupied (100%) retail space boasts a strong Net Operating Income (NOI) of $29,800, yielding a 5.47% cap rate. The asking price is $545,000, translating to $89.08 per square foot. Built in 2004, this unit is situated within a four-story building and benefits from convenient access to underground parking. The property features a multi-tenant occupancy structure with leases secured through June 2026. Its prime location in the Bainbridge Island Core District, near waterfront marinas, restaurants, and downtown shopping, ensures high visibility and foot traffic. The property's zoning allows for a variety of uses, making it an adaptable and valuable asset. This is a rare opportunity to acquire a stable, high-performing retail investment in a thriving waterfront community. The property includes a total condo size of 1,313 square feet and is offered as a NNN lease. The APN is 8180-000-000-0005. This is a turnkey investment ready for immediate income generation.

Location Insight

City

Bainbridge Island

County

Kitsap

State

Washington

Latitude

47.624

Longitude

-122.521

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].