5422 Shilshole Avenue NW Seattle, WA $ 18,250,000
5422 Shilshole Avenue NW
$ 18,250,000
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5422 Shilshole Avenue NW

Seattle, WA, 98107
$ 18,250,000
Baths0.0

Monthly Estimate*

$ 121,295

Listed by Windermere Real Estate Midtown
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Studio

Commercial Property for sale in Seattle, WA

for $18,250,000. This building was built in 1941 on a lot size of 0.7472.

65,000+ SF building in the heart of Ballard zoned MML U/65 plus a 4,650 SF parking lot across the alley at 5415 Ballard Ave NW zoned NC2P-65. The building was built in 1941 as a hardware store, then converted to a 600-unit mini-storage facility and it's currently used for general warehousing. Fully sprinklered, new 60-mil PVC roof installed in 2023, 20' ceilings on first floor, grade-level and dock-high loading doors, tons of power with a transformer vault on-site, over 300ft of frontage on Shilshole and over 50ft of frontage on Ballard Ave NW. Incredible opportunity for an owner-user or investor to acquire nearly an entire city block in the center of Ballard. Seller Financing offered for well-qualified buyers.

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Commercial Active

Price

$ 18,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 96,280

Style

Comm Bldg Ovr 10K

Lot Size

0.7472

Year Built

1941

Town/City

Seattle

County/Region

King

MLS | Web ID

2202633

Features
General
Interior Features Concrete Hardwood
Sewer Sewer Connected
Possession Closing
Roof Flat
Exterior Features Metal/Vinyl
HOA 0
Year Built 1941
Topography Level Sloped
Property SubType Commercial Industrial
Tax Year 2024
County King
Property Type Commercial Sale
HOA / Comm Assn N
Subdivision Name Ballard
Possible Use Commercial Industrial Office Retail
Building Features Elevator Signage Included Sprinklered Storage
Special Listing Conditions None
Status Active
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.
City Seattle
Buyer Agent Compensation 2.5
Senior Community Y/N N
NumberOfUnitsTotal 0
MLS Area 705 - Ballard/Greenlake
Lot Size Units Square Feet
Lot Size Square Feet 32550
Carport Y/N N
Street Name Shilshole
Listing Terms Cash Out Conventional Owner Financing
Tax Annual Amount 96280
Electric Expense 0
Fuel Expense 0
Property Condition Average
Public Remarks 65 000+ SF building in the heart of Ballard zoned MML U/65 plus a 4 650 SF parking lot across the alley at 5415 Ballard Ave NW zoned NC2P-65. The building was built in 1941 as a hardware store then c
Virtual Tour https://my.matterport.com/show/?m=HwStKkyudYW&mls=1
Structure Type Unspecified
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Water Company Seattle Public Utilities
Zoning Class Commercial Industrial Industrial-Light Office Retail
Property Style 61 - Comm Bldg Ovr 10K
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Interior
Flooring Concrete Hardwood
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Avenue
Bedrooms Possible 0
Ceiling Height 10-20
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Water Source Public
Total Parking 24
Foundation Details Poured Concrete
Building Area Total 0
Lot Size Acres 0.7472
Covered Spaces 10
Open Parking Y/N N
Irrigation Water Rights Y/N N
Parking Uncovered Total 14
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Internal Only
OriginalMLSID NWM2202633
Street Number 1 5422
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* Excluded Features
List By
Lauren Hendricks

Listing Agent

Windermere Real Estate Midtown

Broker

Affordability Calculator

$129,318
Per Month
94%
6%
0%
Monthly Principal & Interest
$121,295
Monthly Property Taxes
$8,023
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/4/2024$18,250,000 Listed Price

Map


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5422 Shilshole Avenue NW, Seattle, WA, 98107 is a Commercial Property for sale at $18,250,000 with a lot size of 0.7472. 5422 Shilshole Avenue NW is a studio with 0.0 baths and was built in 1941. The property's zip code is 98107 which is in Seattle, WA