240 Shannon DR SE, Bainbridge Island, WA 98110
240 Shannon DR SE, Bainbridge Island, WA 98110
240 Shannon DR SE, Bainbridge Island, WA 98110
240 Shannon DR SE, Bainbridge Island, WA 98110
240 Shannon DR SE, Bainbridge Island, WA 98110
240 Shannon DR SE, Bainbridge Island, WA 98110
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RSVP Real Estate Group

RSVP Real Estate Group

+1(425) 610-7787
Listed by:Windermere RE Bainbridge • Jan Johnson
$ 1,400,000
Est. payment | /mo

7,841 Sqft Lot

Save
$ 1,400,000
Est. payment | /mo
Save

7,841 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Bainbridge Island

MLS Listing ID 2552635

Style 40 - Res-Less thn 1 Ac

Annual Tax Amount $5,936

Lot Size 7,841 Sqft

Lot Dimensions irregular

Property Sub-Type Land

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.

Location

State WA

County Kitsap

Area 170 - Bainbridge Island

Interior

Fireplace false

Exterior

Community Features Boat Launch, Park

Utilities Available Electricity Available

View Y/N No

Building

Lot Description Corner Lot

Sewer In Street

Water In Street

Schools

Elementary Schools Buyer To Verify

Middle Schools Woodward Mid

High Schools Bainbridge Isl

School District Bainbridge Island

Others

Senior Community No

Acceptable Financing Cash

Listing Terms Cash

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Schools & Businesses

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RSVP Real Estate Group

RSVP Real Estate Group

+1(425) 610-7787

Real Estate Firm | License ID: 17634

Real Estate Firm License ID: 17634

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