1471 85th St Seattle, WA 98117
Mixed-use building in Ballard with high foot traffic and income potential.
Type:Commercial
Property size:
8,229 SFPrice / SF:
$334/SF- Added:
- Apr 8, 2025
- Days on Market:
- 387
- Last Refresh:
- Apr 5 at 8:54 pm
Property Features for 1471 85th St
General Information
- Standard status
- Active
- Size
- 8,229 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1949
Listing agent ERIC NISSEN
Listing office REAL PROPERTY ASSOCIATES
Listing date Apr 8, 2025
Source Corcoran
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All listing content including descriptions, pricing, images are the copyrighted material of REAL PROPERTY ASSOCIATES
Overview
Ballard Mixed-Use Investment Opportunity
This mixed-use building in Ballard presents an investment opportunity, offering 8458 rentable square feet. The property features three retail units on the street level and a large residential apartment on the second floor. Two of the retail spaces are currently occupied by long-term tenants, while one 1500 square foot unit is vacant. The restaurant and upstairs tenant operate on a month-to-month basis. The hookah lounge has a lease in place until 2028, with an option to extend. Situated next to Safeway at a busy intersection, the location benefits from high exposure and significant foot traffic. Rents are currently under market value, and pro forma financials have been used for the vacant unit.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Taki's Mad Greek
Restaurant
Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.376
- Latitude
- 47.6904
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use building in Ballard with high foot traffic and income potential.
Where is this mixed-use property located?
The property is located at 1471 85th St Seattle, WA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: High‑traffic location next to Safeway at a busy intersection.; Significant investment opportunity with 8458 rentable square feet.; Mixed‑use building featuring 3 street‑level units and 1 large residential apartment.
