5422 Shilshole Avenue NW, Seattle, WA 98107

$18,250,000

Listing courtesy of Windermere Real Estate Midtown.

List Price
$18,250,000
Status
ACTIVE
MLS#
2202633
Days on Market
225
Annual Tax Ammount
96280

Property Description

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.

Additional Information

Community
Ballard
Building Condition
Average
Style
61 - Comm Bldg Ovr 10K
Year Built
1941
# of Assigned Spaces
24
Roof
Flat
Tax Year
2024
Potential Terms
Cash Out, Conventional, Owner Financing
Interior Features
Concrete, Hardwood
Flooring
Concrete, Hardwood
Driving 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.
Energy Source
Electric, Natural Gas
Buyer Agency Compensation
2.5
Total Expenses
$96,280
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Calculator source: Real Geeks