Active · Commercial Sale

5505 24th Avenue NW, Seattle, WA 98107

Seattle, WA 98107

$4,800,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by George W Johnson Realty · MLS #2539955 · Active

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About this property

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.

Property details

Property type: Commercial Industrial
Year built: 1938
Lot size: 10,667 sq ft
Association dues: $0 · frequency not provided
Parking spaces: 0

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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