240 Shannon Drive SE, Bainbridge Island, WA 98110
Courtesy of Windermere RE Bainbridge
- $1,400,000
- List Price
- $1,400,000
- Status
- ACTIVE
- Days on Market
- 60
- MLS#
- 2552635
- Subtype
- Land
- Style
- 40 - Res-Less thn 1 Ac
- Lot Size
- 7,841
- Acres
- 0.18
- Subdivision
- Bainbridge Island
- Neighborhood
- Bainbridge Island
- Building Name
- Stafford's Addition
- MLS Area Major
- Bainbridge Island
Property Description
A rare opportunity to own a corner lot of .18 acres within prime downtown Winslow zoning. (CORE/Town Center/Madison Overlay). Strategic land banking with appreciation potential in this coveted location while local governance zoning decisions are made over the next few years. Currently occupied as an employee parking lot for the USPS, this 4.11% Annual return on your investment is backed by a secure 5+ year Ground Lease located adjacent existing above-ground multi-family housing and just up the street from the Waterfront Park.
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Additional Information
- Property Description
- 40 - Res-Less thn 1 Ac
- School District
- Bainbridge Island
- Elementary School
- Buyer To Verify
- Middle School
- Woodward Mid
- High School
- Bainbridge Isl
Based on information submitted to the MLS GRID as of . 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 noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.