Listed By:
Windermere Real Estate Midtown and NWMLS
Address
5422 Shilshole Avenue NW, Seattle, WA
Price
$ 21,000,000
Property Attributes
  • ID#1857742
  • TypeCommercial
  • CountyKING
  • CitySeattle
  • AreaBallard-Greenlak
  • NeighborhoodBallard
  • Zip98107
  • StyleComm Bldg Ovr 10K
  • Year Built1941
  • Taxes$ 82041
  • Price$ 21,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.7404 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

Incredibly rare opportunity to acquire nearly an entire city block in the heart of Ballard & parking lot on Ballard Ave NW! Once home to mini-storage, this 65,854 SF industrial/flex building features open floor plans, up to 30' ceilings, multiple loading doors (incl. dock-high), sprinklers, new 60 mil PVC roof, elevator shaft & 3-phase 1200 AMP power. 27,900 SF lot zoned IG2 U/65 allows for a variety of uses incl. industrial, manufacturing, office, retail, sports facilities, etc. Located in the center of Ballard's commercial district, w/over 300 feet of frontage on Shilshole Ave NW. 4,650SF parking lot zoned NC2P-65 at 5415 Ballard Ave NW. Rare opportunity for an owner-user or investor to acquire over 65,000 SF of in-city warehouse space!

Price History
10/26/2021 Listed $20,000,000

General Features

Building Area Units Square Feet
Building Features Elevator, Sprinklered, Storage
Carport Y/N No
City Seattle
County King
Directions Located on Shilshole Ave NW between 22nd Ave NW and 24th Ave NW. Parking lot located immediately west of Great State Burger on Ballard Avenue NW.
Exterior Features Metal/Vinyl
Insurance Expense 21185
Interior Features Forced Air, Concrete, Hardwood
Lot Size Square Feet 32250
MLS Area 705 - Ballard/Greenlak
Possession Closing
Possible Use Commercial, Industrial, Industrial, Office, Retail
Property Condition Average
Property Style 61 - Comm Bldg Ovr 10K
Property SubType Commercial Industrial
Property Type Commercial Sale
Roof Flat
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Active
Status Active
Street Name Shilshole
Structure Type Unspecified
Subdivision Name Ballard
Tax Annual Amount 82041
Tax Year 2023
Terms Cash Out, Conventional
Topography Level, Sloped
Water Company Seattle Public Utilities
Water Sewer Garbage 13339
Year Built 1941
Zoning Class Commercial, Industrial, Industrial-Light, Office, Retail

Interior Features

Air Conditioning Y/N Yes
Ceiling Height 10-30
Fireplace Y/N No
Flooring Concrete, Hardwood
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric, Natural Gas
Street Suffix Avenue

Exterior Features

Covered Spaces 10
Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Dimensions 302 X 93
Lot Number 17-22
Lot Size Acres 0.7404
Lot Size Units Square Feet
Open Parking Y/N No
Parking Uncovered Total 14
Site Frontage 352
Total Parking 24
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 98107

Price
AVG $11.4M
$21M
Taxes
AVG $45,448
$82,041
Visits
AVG 274
536
Year Built
AVG 1961
1941
Walkscore
AVG 78
95
Data Provided by Walkscore ® not using MLS data