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    5512 20Th Ave NW Seattle, WA 98108

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    For Sale
    Contact for pricing

    6,650 SF multi-tenant retail in Seattle's Ballard sub-market.

    Property size:
    6,650 SF
    Lot size:
    0.16 Acres

    Property Features for 5512 20Th Ave NW

    General Information

    Size
    6,650 SF
    Lot size
    0.16 Acres

    Source: West Coast Commercial Realty, LLC Agent Blake Taylor

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Seattle Ballard Multi-Tenant Retail Asset

    A 6,650 square foot, one-story, multi-tenant retail asset is available in Seattle’s Ballard sub-market. Situated between Market Street and NW 56th Street, the property underwent a full exterior renovation in 2024. The property includes current tenant income and two vacant units, including a second-generation restaurant space. Investors have the option to re-tenant or pursue future redevelopment. Previous soil contamination issues have been addressed, with the Department of Ecology issuing a No Further Action letter for the Plantation Building in March 2025.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    V'Allure Boutique Boutique

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3818852
    Latitude
    47.6691903

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    FAQs

    What type of property is this?
    Retail space - 6,650 SF multi-tenant retail in Seattle's Ballard sub-market.
    Where is this retail space located?
    The property is located at 5512 20Th Ave NW Seattle, WA.
    What are key features of this property?
    This property features: - 6,650 SF multi-tenant asset in Ballard; - Full building exterior renovation completed in 2024; - Value-add potential with two vacant units, including a 2nd gen restaurant space
    (206) 931-0525
    Request Owner's contact information
    5512 20Th Ave NW Seattle, WA 98108
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    Seattle, WA 98108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5512 20Th Ave NW Seattle, WA 98108
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