The Pegasus Building


Historic Office & Retail Investment on Bainbridge Island

SOLD - $1,800,000
JUNE 7, 2021

The Pegasus Building is a Bainbridge Island icon. Originally built for The Anderson Hardware Store in 1937 and remodeled most-recently in 1995, this Bainbridge Island classic is home to Pegasus Coffee House on the lower level, and has a 1,600 square foot Class A office suite on the upper level. Fully-occupied with long-term proven tenants, The Pegasus Building offers an opportunity to invest in one of the most recognizable landmarks on Bainbridge Island.

  • Property Size: 3,298 square feet.
  • Total Annual Income: $102,360
  • Annual Operating Expenses: $41,760
  • Net Operating Income: $60,600

Retail Tenant: Pegasus Coffee House
Office Tenant: Undisclosed