348 Ericksen AVE NE new to site

Bainbridge Island,WA 98110

$ 1250000

- Bed

- Bath

0 SqFt


Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Winslow

MLS Listing ID 2329175

Style 40 - Res-Less thn 1 Ac

Annual Tax Amount $10,050

Lot Size 10,890 Sqft

Property Sub-Type Land

Property Description

The real value here is in the land and the Commercial/Mixed-Use zoning this parcel enjoys. Current zoning is within the Ericksen Avenue District. A site plan by BC&J Architecture demonstrates that 5 individual residences (condos) plus 2 commercial units will work for this site. To visualize this, just look at the Mixed-Use project that was built on the adjacent lot at 380-390 Erickson. It is almost a perfect match (+/- a few SF) to the proposed site plan. The total assessed value of that project to the south is $3,377,340. Does that value pencil out as a project for your company? This property is conveniently located, within walking distance of downtown Winslow and the Seattle ferry.

Location

State WA

County Kitsap

Area 170 - Bainbridge Island

Exterior

Utilities Available Electricity Connected,Natural Gas Available

View Y/N Yes

View Territorial

Building

Lot Description Paved

Sewer On Property

Water On Property

Schools

Elementary Schools Ordway Elem

Middle Schools Sonoji Sakai Inter

High Schools Bainbridge Isl

School District Bainbridge Island

Others

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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