$4,800,000
5505 24th Avenue
Seattle, WA 98107
Beds
—
Baths
—
Sq Ft
—
Lot
0.24 ac
Year built
1938
Type
Commercial Sale
Days listed
34
MLS #
2539955
About this home
A rare opportunity to acquire a prominent 10,667-square-foot corner parcel in the heart of Seattle's highly desirable Ballard neighborhood. Zoned NC3P-75 (M), the property offers exceptional long-term redevelopment potential for a mixed-use project with street-level commercial uses and residential units above. The existing gas station has ceased operations, and the property is currently occupied by two food trucks providing interim income of $2000 per month. Tenant is on a MTM basis.. The site is being marketed primarily for its underlying land value and redevelopment potential rather than its existing improvements. Situated within Seattle's Urban Village growth area, the property benefits from excellent visibility, strong demographics, high walkability, and proximity to Market Street, Ballard Avenue, the Salmon Bay waterfront, Golden Gardens, and numerous retail, restaurant, and neighborhood amenities.
Exterior features
Property details
- Heating
- Baseboard
- Cooling
- None
- Flooring
- Concrete
- Water source
- Public
- Sewer
- Sewer Connected
Estimate your monthly payment
$24,271/mo
- Principal & interest
- $24,271
Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.
Location
Seattle, WA 98107
Approximate location. Contact us to confirm the exact address.
Listing courtesy of George W Johnson Realty— Bob Johnson.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
Interested in this home?
Request a private tour or ask a question — a local agent will respond personally.