All homes

$4,800,000

5505 24th Avenue

Seattle, WA 98107

Active

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

Metal/Vinyl

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
Loan amount $3,840,000

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.

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