Listing provided courtesy of Windermere Commercial/ERESNWMLSas Distributed by MLSGrid- MLS# NWM2184332MLS Provider

12935 Islandcraft Lane NE #A5Bainbridge Island, WA 98110

Commercial
$458,000 Active

12935 Islandcraft Lane NE #A5 Overview

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This is a great investment opportunity located on Bainbridge Island at the Island Craft Condominium project. The unit for sale is currently occupied by a well-established coffee roaster who has committed to a long-term lease. The Island Craft Condominiums comprise individually owned light industrial condominiums, which cater to various high-quality personal and professional uses. Total Unit Size: 1,254 square feet. Zoned Business Industrial by Bainbridge Island Single Tenant Unit, Leased, with options to extend through 2029 Proforma Net Operating Income: $22,700

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12935 Islandcraft Lane NE #A5 Facts & Features

  • Type Commercial

Details

General

Association/HOA

  • Association Fee: $2,000.00
  • Association Fee Frequency: Annually

Income/Expenses

  • Other Expense: 2000
  • Net Operating Income: 22700

Building Information

  • Year Built: 2015

Location/Region

  • Country: US
  • County Or Parish: Kitsap
  • MLS Area Major: 170 - Bainbridge Island
  • Subdivision Name: Bainbridge Island

Tax Information

  • Tax Annual Amount: $1,770.00
  • Tax Year: 2023

General Information

  • Listing Terms: Conventional
  • Parcel Number: 82070010050007
  • Possible Use: Commercial
  • Property Sub Type: Commercial Industrial
  • Property Type: Commercial Sale
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Possible: 0
  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Concrete
  • Heating: Yes
  • Interior Features: Concrete
  • Living Area: 0
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 0
  • Power Production Type: Electric

Unit Information

  • Unit Number: A5

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0
  • Lot Size Square Feet: 0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet

Building Exterior/Construction

  • Structure Type: Unspecified

General Information

  • Carport: No
  • Number Of Units Total: 1
  • Sewer: Septic Tank

Unit Information

Unit 1 Details

  • Unit Type: Coffee Roaster
  • Actual Rent: 1893

12935 Islandcraft Lane NE #A5 Neighborhood

Community

98110 (Bainbridge Island) Demographics

50
Median Age
637
Population Density (per sq. mile)
79%
College Educated
$125,861
Estimated Median Income
8,225
Estimated Total Home Owners
1,945
Estimated Total Renters
81% / 19%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

12935 Islandcraft Lane NE #A5 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

12935 Islandcraft Lane NE #A5 Market Data

Based on the last 30 days in this zip code

$1,687,391
Average List Price
$682
Average Price per Square Foot
44
Properties Sold
50
Average Days on Market
165
Properties for Sale
Calculations provided by Reliance Network

12935 Islandcraft Lane NE #A5 History

Date Event Value Agent
7/15/2025Source: NWMLS Price Reduction
$458,000 -6.1%
12/6/2023Source: NWMLS Added to Database
December 06, 2023