- For Sale $6,585,000
- Property Type Mixed Use
- Property Size 20,067 SF
- Lot Size 0.23 Acre
- # of Floors 2
- Property Tenancy Multi-Tenant
- Year Built 1927
- Year Renovated 2023
- Date Updated Jul 17, 2023
Ballard Market Street Add-Value for Sale
Pivot from redevelopment or consider this great value-add mixed-use Ballard building as a 1031 option. The Kress Building presents a chance to acquire a high-quality asset on Market Street, featuring a combination of retail, office, and creative spaces. all ideally suited for this particular submarket. The seller's ongoing improvements has exceeded $600k in the past year, encompassing the establishment of new retail space on Market Street, six micro loft office suites, plumbing and electrical enhancements, as well as the addition of new entrances on both northwest Market Street and northwest 56th Street. Notably, four new leases have been signed within the last three months. This property grants investors the ability to self-manage while enjoying a stable income, with further potential for value appreciation through leasing the remaining vacancies and enhancing the aesthetic appeal of shared areas.
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Highlights
- Heart of Ballard on NW Market Street at 56th
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Contacts
Blake Taylor
West Coast Commercial Realty LLC
(206) 283-5212 x 114
Location
Getting Around
-
Walk Score ®
Walker's Paradise (97) -
Transit Score ®
Good Transit (52) -
Bike Score ®
Biker's Paradise (96)
- City Seattle, WA
- Neighborhood Ballard
- Zip Code 98107
- Market Seattle
Points of Interest
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Roosevelt
3.29 miles
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U District
3.39 miles
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Northgate
3.56 miles
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Seattle Center
3.71 miles
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Lake Union Park
3.77 miles
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Fairview & Campus Drive
3.80 miles
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Westlake & Mercer
3.80 miles
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Terry & Mercer
3.84 miles
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Westlake & Thomas
3.97 miles
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Terry & Thomas
4.00 miles
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Spirit Gas Station
0.10 miles
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7-Eleven
0.33 miles
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76
0.45 miles
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Safeway Fuel Station
0.47 miles
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Volta
0.50 miles
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Dr. Dan's Biodiesel
0.81 miles
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Shell
0.82 miles
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Volta
0.90 miles
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Magnolia 76
0.90 miles
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Shell
0.93 miles
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The Commons at Ballard
0.04 miles
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NOMA
0.06 miles
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Diamond Parking
0.07 miles
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Public Library Parking Lot
0.09 miles
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QFC Parking Lot
0.09 miles
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Amli Mark 24 Residential Parking Lot
0.13 miles
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Soren Apartments Retail Parking Lot
0.13 miles
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St Luke's Parking Lot
0.13 miles
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Soren Apartments Residential Parking Lot
0.14 miles
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Merrill Gardens
0.14 miles
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Bunsoy
0.04 miles
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Sushi I
0.04 miles
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Secret Savory
0.04 miles
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India Bistro
0.05 miles
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Ann's Teriyaki Restaurant
0.05 miles
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Crackle Mi
0.05 miles
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Pestle Rock
0.05 miles
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Ballard Smokeshop Restaurant & Lounge
0.05 miles
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Sam's Sushi
0.06 miles
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La Carta de Oaxaca
0.06 miles
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Adams Elementary School
0.40 miles
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Matheia School
0.58 miles
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Salmon Bay School
0.64 miles
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Ballard High School
0.71 miles
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Webster School
0.77 miles
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Lawton Elementary School
0.88 miles
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West Woodland Elementary School
1.08 miles
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Pacific Crest
1.16 miles
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Loyal Heights Elementary School
1.17 miles
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Whittier Elementary School
1.20 miles
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Saint Alphonsus Preschool
0.51 miles
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Zoom Language Center
0.67 miles
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Wee Learners Preschool
0.72 miles
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Lighthouse Montessori School
0.74 miles
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Woodland Hall Preschool
1.03 miles
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Kids Inc
1.10 miles
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Agape Infant Through Preschool Center
1.18 miles
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Agape Childcare Center
1.20 miles
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North Seattle Fives Preschool
1.45 miles
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Early Learning and Development Center
1.55 miles
Contact Listing Broker
Blake Taylor
West Coast Commercial Realty LLC
(206) 283-5212 x 114
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