Property Details
12935 Islandcraft Lane NE #A5
Bainbridge Island, WA 98110
$458,000
Active
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Property Overview
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
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Kitsap
Neighborhood
Bainbridge Island
Listed
Dec 6, 2023
Original Price
$487,500
Parcel Number
82070010050007
Tax & HOA
Annual Property Tax
$1,770 (2023)
Est. Monthly Tax
$148/mo
HOA Fee
$2,000/annually
Financial Summary
Cap Rate
4.66%
Net Operating Income
$22,700
Building & Use
Total Units
1
Zoning
Commercial
Possible Use
Commercial
Year Built
2015
Exterior & Lot
Lot Size
0.00 sqft
Year Built
2015
Sewer
Septic Tank
Community & Access
Directions
West from Hwy 305 on Day Road, Right on Zanshin lane, past building on left, turn left to lower building, listing is northernmost unit on the lower building.
Location
City
Bainbridge Island
County
Kitsap
Coordinates
47.68000, -122.54621
Additional Information
Tax Year
2023
Annual Taxes
$1,770
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 10:37 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
