Ballard Avenue Retail
5307-5313 Ballard Ave NW, Seattle, WA 98107
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Fully leased retail asset in Seattle's vibrant Ballard Avenue.
Type:RETAIL
Property size:
10,889 SFPrice / SF:
$711/SF- Added:
- Apr 28, 2026
- Days on Market:
- 26
- Last Refresh:
- May 8 at 3:27 am
Property Features for 5307-5313 Ballard Ave NW
General Information
- Standard status
- Active
- Size
- 10,889 SF
- Property subtype
- RETAIL
Listing agent James Tjoa License #TJ0A313314D2 (206) 726-6230
Listing office RE/MAX Metro Realty, Inc. (206) 726-6230
Listing date Apr 28, 2026
Source Moodyscre
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 RE/MAX Metro Realty, Inc.
HighLights
- Fully leased 10,889 SF retail asset in a prime Ballard Avenue location, a vibrant Seattle dining and retail corridor.
- Anchored by three highly regarded restaurant operators: Sabine Café, Gracia, and Radiator Whiskey.
- Offers a 5.8% cap rate with long‑term, NNN leases, providing stable, passive income.
- Significant structural and system upgrades, including a ~$700K seismic retrofit.
- Tenants responsible for all operating expenses, creating a turnkey investment.
- Exceptional build‑outs, including a high‑end custom interior at Sabine with significant tenant investment.
Overview
This fully leased 10,889 square foot retail asset is anchored by three restaurant operators: Sabine Café, Gracia, and Radiator Whiskey. It is located along Ballard Avenue, a dining and retail corridor in Seattle. The property offers a 5.8% cap rate with long-term, NNN leases in place, providing stable income backed by established tenants. The property features build-outs, including a custom interior at Sabine. Gracia and Radiator Whiskey feature modern spaces. Structural and system upgrades include a seismic retrofit with moment frames. The property also features modernized utilities (electrical and plumbing), new water mains, a replaced roof system (2009, with 2025 updates), and foundation improvements. Situated in a high-foot-traffic neighborhood, the property is surrounded by restaurants, boutiques, and nightlife. Tenants are responsible for all operating expenses, and the building is in excellent condition.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.3836627
- Latitude
- 47.6664401
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FAQs
What type of property is this?
Retail space - Fully leased retail asset in Seattle's vibrant Ballard Avenue.
Where is this retail space located?
The property is located at 5307-5313 Ballard Ave NW Seattle, WA.
What is the asking price?
The asking price for this property is $7,750,000.
What are key features of this property?
This property features: Fully leased 10,889 SF retail asset in a prime Ballard Avenue location, a vibrant Seattle dining and retail corridor.; Anchored by three highly regarded restaurant operators: Sabine Café, Gracia, and Radiator Whiskey.; Offers a 5.8% cap rate with long‑term, NNN leases, providing stable, passive income.
