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$925,000
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Property Description
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.
Full Property Details
Full Property Details for 250 Madrona Way NE
General
- Sold For: $925,000
- HOA FEE: $1,717/month
- Taxes: $6,796 (2025)
- Status: Closed
- Type: Industrial
- Source: NWMLS
- MLS ID: 2325845
- Added to Site: 521 day(s) ago
Location
- Area: 170 - Bainbridge Island
- County: Kitsap
- Subdivision: Winslow
- Driving Directions: South from intersection of Wyatt and Madison, turn east on Madrona Way, turn into parking lot on left at property. No sign on property.
Community
- Association: Yes
Heating & Cooling
- Heating Type: Heat Pump
Utilities
- Sewer: Septic Tank, Sewer Connected
Structural Information
- Structure Type: Unspecified
- Foundation: Poured Concrete
- Office: 2,889 Sq. Ft.
- Year Built: 2001
Lot Features
- Zoning: Commercial
Financial Considerations
- Association Fee: $1,717
- Assoc Fee Freq.: Monthly
- Tax Amount: $6,796
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: None
- Property ID: 81230021100008
Listed and Sold by Kelly Muldrow | Windermere Commercial/ERES | (206) 780-5007
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Schools
Schools serving 250 Madrona Way NE
School District:Bainbridge Island School District
| Name | Grades | Distance |
|---|---|---|
Bainbridge High School 9330 High School Road Northeast, Bainbridge Island, WA 98110 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 250 Madrona Way NE
Date
Details
Price
Change
Source
6/08/2026
Sold
$925,000
-14.98%
MLS
5/12/2025
Price Reduced
$1,088,000
-16.31%
MLS
2/05/2025
Listed
$1,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
250 Madrona Way NE, Bainbridge Island, WA 98110 (MLS# 2325845) is a Industrial property that was sold at $925,000 on June 08, 2026. Want to learn more about 250 Madrona Way NE? Do you have questions about finding other Industrial real estate for sale in Bainbridge Island? You can browse all Bainbridge Island real estate or contact a Coldwell Banker agent to request more information.

