The Parfitt Building

$7,800,000

Waterfront Office Building, Bainbridge Island

$7,800,000

The Parfitt Building on Bainbridge Island's downtown waterfront is for sale for the first time.  Designed by Cutler Anderson Architects and built by Fairbank Construction Company in 2000, the Parfitt Building offers a rare opportunity to invest in one of the few office properties along Winslow's urban shoreline.

 

Co-listed by:

Kelly Muldrow, CCIM

Meagan Stockman

The Parfitt Building consists of two adjoining three-story buildings with separately-owned residential condominiums on the top floors.  Four commercial office condominiums on the first and second floors are for sale.  These units are home to a diverse collection of professional service firms and consultants.  The top residential units of each building are not for sale.

 

For Sale:

    • Four units totaling 18,196 rentable square feet.
    • Total Annual Income: $667,817
    • Annual Operating Expenses: $209,254
    • Net Operating Income: $425,172
    • 27 Parking Garage spaces.