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Bainbridge Island Commercial Real Estate Update
presented by,
Kelly MuldrowBainbridgeSpaces.com
Bainbridge Island Vacancy Rates
Bainbridge Island Space for Lease
As of January 21, 2010
Bainbridge Island Commercial Sales
Moody’s Commercial Index
UP!
Unemployment
The Opportunity to Buy
The Opportunity to Buy
Sold January 4, 2011
•Owner/User•SBA Financing•Community Bank
•$124 psqft•10% Down•25 year term
•Payments will never go up.•Will be his own landlord.•Future Sales proceeds.
Even if the value of this property never goes up, buying was a better economic choice than renting.
The “Other” Opportunity
Cheap Rent.
Thank You.
Kelly MuldrowBainbridgeSpaces.com