What I meant by '... whole list of Bahnschrift Fonts ..' was that in Pages and 'Livre de Fonts (Book of Police?)' the complete Bahnschrift family is present and proposed as opposed to Word where there is no roll down menu just one Bahnschrift entry.
This statement and your screen shots are correct. Office 365 has no idea yet how to handle variable OpenType fonts and shows you only one typeface. There is no fix. Microsoft will have to get a clue and update their apps.
While I use, and prefer Office (and must have it to ensure I can correctly open client provided documents), this is typical of MS being way behind every other professional product. Variable OpenType originated in 2016. And yet here we are four years later and Office still doesn't know what they are. This on top of being - quite literally - the only apps I know of that still can't dynamically keep track of fonts being enabled/disabled while the apps are open. Any change you make in that regard and you must close the Office apps and relaunch them in order for them to display their font lists correctly. Why is this still "normal" for these apps?
It is possible to generate a 'condensed' version by going into the 'Advanced Parameters' Pane when selecting text in the document but it is not the same.
In Office? Sort of. Here's Bahnschrift in Word 365, 16 point text.

You can modify that in some limited ways. Here I scaled the sentence 80% (Command+D) to make a semi-fake condensed version.


What is the zip file you mention with the whole list of fonts?
That was just a result of doing a search online for the font to download it and see what was going on. I got it from here:
https://www.cufonfonts.com/font/bahnschrift
The .zip file that downloaded from there resulted in the unnecessary pile of .ttf fonts.