278 Winslow WayBainbridge Island, WA 98110

Property Details for 278 Winslow Way

Year built

1951

Lot size

0.53 AC

Property size (Sq ft)

12,021 SF

Zone code

CITY

Property type

Retail properties

Property subtype

Strip malls

APN

262502-3-174-2009

APU

26250231742009

Description

The Cove, located at 278 Winslow Way E, Bainbridge Island, WA 98110, presents a remarkable opportunity for retail or restaurant businesses. This two-story building, completely renovated in 2024, offers single-tenant spaces ranging from 400 to 2,500 square feet. Its prime location in the heart of Bainbridge Island ensures high visibility and foot traffic, benefiting from a steady stream of both local residents and tourists. The building features convenient elevator access. Ideal for a variety of retail concepts, from boutiques and specialty shops to trendy cafes, The Cove provides an exceptional setting to establish or expand a business within a thriving community. This is a high-traffic location offering premium retail spaces for lease, making it an unparalleled opportunity to capitalize on the vibrant atmosphere of Bainbridge Island. The property's central location guarantees maximum exposure and provides an ideal environment for businesses to flourish. Don't miss this chance to secure your space in this newly renovated, highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,781,781

  6.5%

  $4,413,952

  7%

  $4,098,669

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,123,470

  Geo Method

  $5,833,810

• Alternative Use

  Use

  Valuation

  Residential

  $3,723,333

  Hospitality

  $3,410,553

  Educational

  $2,837,540

  Medical

  $2,935,128

  Retail

  $4,413,952

Location Insight

City

Bainbridge Island

County

Kitsap

State

Washington

Latitude

47.6252

Longitude

-122.519

CBSA code

14740

CBSA name

BREMERTON-SILVERDALE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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