$4,800,000

0 Beds 0 Baths 0 SQFT 0.24 Acres
Type: Commercial

5505 24th Avenue NW
Seattle, WA 98107

MLS#: 2539955
Presented by: George W Johnson Realty and NWMLS

Property Description

 

A rare opportunity to acquire a prominent 10,667-square-foot corner parcel in the heart of Seattle's highly desirable Ballard neighborhood. Zoned NC3P-75 (M), the property offers exceptional long-term redevelopment potential for a mixed-use project with street-level commercial uses and residential units above. The existing gas station has ceased operations, and the property is currently occupied by two food trucks providing interim income of $2000 per month. Tenant is on a MTM basis.. The site is being marketed primarily for its underlying land value and redevelopment potential rather than its existing improvements. Situated within Seattle's Urban Village growth area, the property benefits from excellent visibility, strong demographics, high walkability, and proximity to Market Street, Ballard Avenue, the Salmon Bay waterfront, Golden Gardens, and numerous retail, restaurant, and neighborhood amenities.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringConcrete
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0

General

Building Area Units0 sqft
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsFrom 15th Ave NW & NW Market St go west one Market to 24th Ave NW. Site is the old Spirit Gas Station, located on the NW corner of 24th Ave NW & NW Market St
HOANo
HOA Fee$0
HeatingBaseboard
Listing TermsCash
Living Area0 sqft
Lot Size Square Feet10,667 sqft
Lot Size UnitsSquare Feet
MLS Area705 - Ballard/Greenlake
NWM_ShowMapLinkY
Number Of Units Total2
PossessionNegotiable
Possible UseCommercial, Multi-Family, Residential, See Remarks
Property ConditionFair
Property Style75 - Retail
Property SubtypeCommercial Industrial
Property TypeCommercial Sale
Public RemarksA rare opportunity to acquire a prominent 10, 667-square-foot corner parcel in the heart of Seattle's highly desirable Ballard neighborhood. Zoned NC3P-75 (M), the property offers exceptional long-term
RoofSee Remarks
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeRetail
Subdivision NameBallard
Tax Year2026
TopographyLevel
Water CompanySeattle
Year Built1938
Zoning DescriptionCommercial, Multi-Family, Residential, See Remarks

Exterior

Building Area Total0 sqft
Exterior AmenitiesMetal/Vinyl
Foundation DetailsSee Remarks
Irrigation Water Rights Y/NNo
Lot Dimensions100 x 100
Lot Number12
Lot Size Acres0.2449
Site Frontage100
Total Parking0
Water SourcePublic

Additional Details

Price History

Schools 

High School N/A
Elementary School N/A
Middle School N/A

  

Similar Properties

$4,800,000

0 Beds 0 Baths 0 SQFT 0.24 Acres
Type: Commercial

5505 24th Avenue NW
Seattle, WA 98107

MLS#: 2539955