10
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Listed by:Windermere RE Bainbridge • Jan Johnson
$1,400,000
Est. payment /mo
7,841 Sqft Lot
New
240 Shannon DR SE Bainbridge Island, WA 98110
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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
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