425-375-5200
6455 Fletcher Bay, Bainbridge Island, WA for Sale
Self-Storage Facilities - FOR SALE
1/15
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6455 Fletcher Bay
Bainbridge Island, WA 98110


HIGHLIGHTS

  • Existing Cash Flow Facility with New 2023 Built Addition
  • No New Competition // Bainbridge Island Zoned Out Self-Storage
  • Rental rates will continue to rise with a fully occupied market and capped supply.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Storage 98110

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

2.36 AC

LAND SF

102,802 SF

ZONING

LM

APN/PARCEL ID

4178-000-028-0105

ASK ABOUT THIS PROPERTY

Andrew HunterHunter Investors, Inc.More Info
425-375-5200

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Andrew HunterHunter Investors, Inc.More Info
425-375-5200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.