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JRJeff ReynoldsCompass · Seattle

12935 Islandcraft Lane NE #A5, Bainbridge Island, WA 98110

Listed by Kelly Muldrow, Windermere Commercial/ERES

Active975 days on market

Originally $487,500

Reduced $29,500 · 6%

$458,000

12935 Islandcraft Lane NE #A5, Bainbridge Island, WA 98110

Bainbridge Island, WA, 98110

Unit
A5
Built
2015
HOA
$2,000 annually
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Jeff Reynolds · Managing Broker, Compass

Start with a focused 15-minute call, then tour with a clear due-diligence plan.

Commercial Industrial
Type
2015
Year built
975
Days on market

About this property

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

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2184332
Listed
December 6, 2023
Days on market
975
Original list price
$487,500

Unit & building

Unit
A5

Homeowners association

HOA dues
$2,000 annually

Construction

Year built
2015
Style
60 - Comm Bldg Und 10K
Structure
Unspecified

Heating & cooling

Heating
Ductless
Cooling
Ductless
Energy source
Electric

Interior features

Features
Concrete

Flooring

Flooring
Concrete

Terms

Terms offered
Conventional

Utilities

Sewer
Septic
Power
PSE

Listing history

  1. Listed

    $487,500

    December 6, 2023

  2. Current price

    $458,000

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$2,834

Principal & interest
$2,316
Property tax (est.)
$351
HOA dues
$167

Assumes $91,600 down (20%), a $366,400 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of August 8, 2026 at 9:15 AM PDT. 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.