Storage 98110 offers a truly once-in-a-generation opportunity to acquire the last self-storage facility ever built on Bainbridge Island. The newly constructed 54,775 SF facility sits on 2.36 acres of land on the main through-fare 1 mile from downtown. The City of Bainbridge Island enacted a moratorium on self-storage development that has since become a permanent zoning restriction.
No new developments are feasible on the island. Rental rates will continue to rise with a fully occupied market and capped supply.
Storage 98110 is the only Class A and fully climate-controlled facility on the island.
Link to City of Bainbridge Zoning:
https://www.codepublishing.com/WA/BainbridgeIsland/html/BainbridgeIsland18/BainbridgeIsland1809.html#18.09
Over 225 new housing units will be built by 2025.