12681-12685 Miller Rd NE

    Bainbridge Island, WA 98110
    • $2,650,000
    • STATUS: Active
    • ON SITE: 91 days
    • ID#: 1461130
    UPDATED: 168 min ago
    $2,650,000
    • 0
      BEDS
    • 1.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2001
    County:

    School Ratings & Info

    Listing Courtesy of Johansson Clark Real Estate.

    Description

    Newer high construction high quality 14,000 square foot main building with elevator and premium interior finishes. Main tenant with approximately 85% of occupancy) has 3.5 years plus 5 year option on lease. Smaller building is 6,400 sq. ft. with 3 tenants upstairs. Property should be a stable long term investment with minimal maintenance and repairs required. The Day Road Industrial Park historically has little vacancy and is being sold at approximately a 5.4 cap rate.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Snow Group at Keller Williams North Seattle are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-08-21T00:17:00.467.

    www.jeffsnowgroup.com/homes/95045623

    12681-12685 Miller Rd NE Bainbridge Island, WA 98110

    • Price: $2,650,000
    • Status: Active
    • Updated: 168 min ago
    • ID#: 1461130
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.1
    Acres
    2001
    Built
    Neighborhood:
    Bainbridge Island
    County:
    Kitsap
    Area:
    Bainbridge Island
    Property Description
    Newer high construction high quality 14,000 square foot main building with elevator and premium interior finishes. Main tenant with approximately 85% of occupancy) has 3.5 years plus 5 year option on lease. Smaller building is 6,400 sq. ft. with 3 tenants upstairs. Property should be a stable long term investment with minimal maintenance and repairs required. The Day Road Industrial Park historically has little vacancy and is being sold at approximately a 5.4 cap rate.
    Exterior Features

    Building Condition Very Good Construction Methods Steel & Concrete Exterior Metal/VinylTilt-Up Loading 1-3 Bays Lot Depth 0 Lot Topography And Vegetation Level Roof Built-UpMetal Site Frontage 411 Style 71 - Light Indrl. Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 50 Waterfront Footage 13400

    Interior Features

    Building Sq Ft 20400 Heating And Cooling Ductless HP-Mini Split Office Sq Ft 7000 Total Sq Ft Rented 20400

    Property Features

    Assessed Value Improvements 1989420 Assessed Value Land 512850 Assessed Value Total 2502270 Assessed Value Year 2019 Available Pads 0 Bank Owned No Boundary Survey 0.00 Cap Rate Y Electrical Expenses 25483 Energy Source Electric EPSEnergy 0 Expansion Area N Form17 Provided General Zoning Classification Industrial-Light Gross Adjusted Income 214245 Gross Rent Multiplier 0 Gross Scheduled Income 220872 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 3468 Net Operating Income 142989 Other Expenses 16279 Possession ClosingSub. Tenant's Rights Power Company Pse Power Service Amps 0 Right Of First Refusal No Sewer Septic Sewer Company Private Septic Tax Amount 26029 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 71259 Total Expenses TEX 71259 Total Monthly Rent 18406 Vacancy Rate 3 Water Company Pud #1 Water Sewer Garbage 0 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by The Snow Group at Keller Williams North Seattle and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Snow Group at Keller Williams North Seattle are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-08-21T00:17:00.467.

     
    The Snow Group at Keller Williams North Seattle
    10700 Meridian Ave N, Suite 504
    Seattle WA, 98133
    Listing Courtesy of Johansson Clark Real Estate.