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JRJeff ReynoldsCompass · Seattle
This home is no longer on the market (sold). The details below are kept for reference. See homes currently for sale in Bainbridge Island.

250 Madrona Way NE, Bainbridge Island, WA 98110

Photo Unavailable
Sold

Listed by Kelly Muldrow, Windermere Commercial/ERES · Buyer brokerage: Windermere Commercial/ERES

Sold420 days on market

Originally $1,300,000

Reduced $375,000 · 29%

$925,000

250 Madrona Way NE, Bainbridge Island, WA 98110

Bainbridge Island, WA, 98110

Built
2001
HOA
$1,717 monthly
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Jeff Reynolds · Managing Broker, Compass

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Commercial Industrial
Type
2001
Year built
420
Days on market

About this property

This 2,889-square-foot standalone office presents a rare opportunity to own a right-sized commercial building in Bainbridge Island’s downtown core. Located on a quiet street just minutes from the heart of Winslow, the property offers high-quality construction and a design ideal for professional uses. The building consists of two commercial condos with a shared entry. Large western-facing windows provide natural light, and the layout includes private offices, a conference room, and open flex areas. There's a kitchenette and bathroom on each floor, and the property controls seven parking stalls, six of which are covered. Both contiguous units can be used as a single unit, or can be leased/used separate.

Location & commute

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

Directions

Property details

Listing details

Listing number
#2325845
Listed
February 5, 2025
Days on market
420
Original list price
$1,300,000
Sold price
$925,000
Sold
June 8, 2026

Homeowners association

HOA dues
$1,717 monthly

Construction

Year built
2001
Style
60 - Comm Bldg Und 10K
Structure
Unspecified

Heating & cooling

Heating
Heat Pump
Energy source
Electric

Utilities

Water
COBI
Sewer
COBI
Power
PSE

Listing history

  1. Listed

    $1,300,000

    February 5, 2025

  2. Current price

    $925,000

  3. Sold

    $925,000

    June 8, 2026

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

$7,103

Principal & interest
$4,677
Property tax (est.)
$709
HOA dues
$1,717

Assumes $185,000 down (20%), a $740,000 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 July 31, 2026 at 1:00 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.