Renovated Ballard Warehouse/Office
For Lease
Contact for pricing
1123 NW 51st St, Seattle, WA 98107
Stand-alone warehouse/office in Seattle's Ballard neighborhood, zoned for industrial uses.
Space Size5,082 SF
Property Size5,192 SF
Days on Market189
Property Features for 1123 NW 51st St
General Information
Standard status
Active
Size
5,082 SF
Property subtype
Industrial
Lease Term
NNN
Building Details
Building Size
5,192 SF
Year Built
1958
Spaces For Lease
at 1123 NW 51st St
For Lease
$1.75/SF/Mo
Size
5,082 SF
Type
Flex Space
Term
Negotiable
Listing Agency:
Lee & Associates Commercial Real Estate Services
Listed By:
Amanda Hahnemann, CCIM
(206) 852-1640
Source:
Lee-associates
Added: Mar 27
Changed: Sep 30
Last Checked: Oct 1 at 9:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates Commercial Real Estate Services
Investment Insights
Based on property information with market context.
This stand-alone warehouse/office property has been recently fully renovated and includes extensive electrical and plumbing infrastructure. The building provides a functional combination of warehouse space and dedicated office space on the mezzanine level. Zoned Industrial Intensive (II-U/125), the property supports a range of industrial, manufacturing, and flex uses, including warehouse, light manufacturing, R&D, and storage. Located in Seattle's Ballard neighborhood, the property is surrounded by a mix of industrial, commercial, and creative businesses. It offers visibility and access along NW 51st Street, with connections to major arterials and public transit. The location is suitable for businesses seeking a central Seattle presence with neighborhood character and access to downtown and surrounding markets.
Key Highlights
- Fully renovated warehouse/office property with extensive electrical and plumbing infrastructure.
- Zoned Industrial Intensive (II‑U/125) supporting a range of industrial, manufacturing, and flex uses.
- Desirable Ballard neighborhood location with strong visibility and access along NW 51st Street.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,738
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 98107, WA
28,557
Population
16,538
Households
1.7
Avg Household Size
35
Median Age
76%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
12,980
Density / Sq Mi
$137,748
Median Household Income
$82,884
Median Earnings
$2,194
Median Rent
$924,900
Median Home Value
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Market
Vacancy Rate% for Industrial in Seattle, WA
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Frequently Asked Questions
What type of property is this?
Flex space - Stand-alone warehouse/office in Seattle's Ballard neighborhood, zoned for industrial uses.
Where is this flex space located?
The property is located at 1123 NW 51st St Seattle, WA.
What are key features of this property?
This property features: Fully renovated warehouse/office property with extensive electrical and plumbing infrastructure.; Zoned Industrial Intensive (II‑U/125) supporting a range of industrial, manufacturing, and flex uses.; Desirable Ballard neighborhood location with strong visibility and access along NW 51st Street.
