Listed by Daniel Sebryakov, KW Lake Washington So
- Commercial Industrial
- Type
- 5,000 sq ft
- Lot
- 271
- Days on market
About this property
Builder/Investor/Developer Alert! Exceptional opportunity for a fully entitled, permits PAID, multifamily development in one of Seattle’s most desirable rental submarkets. Ballard Urban Village approved 26-unit apartment zoned LR2 (M1). benefits from ZERO parking requirements, delivering cost savings/improved project feasibility. Approved plans for a 4-story plus basement, Type V-A construction building featuring an efficient micro-unit / SEDU program optimized for strong rent-per-square-foot performance. Unit sizes range approximately 225–330 square feet, each designed to meet or exceed Seattle code requirements for habitable space and storage. Includes indoor bike storage, shared outdoor amenity space, and thoughtfully integrated landscaping. Design Review and all SDCI permit corrections have been completed, with construction documents approved ready to issue. MHA requirements have been satisfied NO MHA FEE The architectural design features articulated façades, projecting bay windows, durable exterior materials, and residential-scaled massing that integrates seamlessly with the surrounding neighborhood. Situated near transit, major employment centers, restaurants, retail, and everyday amenities, this offering presents a rare opportunity for developers/investors seeking a shovel-ready, low-entitlement-risk apartment project in a high-demand Ballard location. All plans, approvals, and due diligence materials available upon request.
Location & commute
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Jeff's Neighborhood Guide
Get to know Ballard
Jeff's Ballard profile covers the streets, shoreline, parks, markets, and local places that define the neighborhood, written from years of showing homes here. It is editorial, separate from the MLS listing data above.
Also nearby, within the same NWMLS search area.
Property details
Listing details
- Listing number
- #2467118
- Listed
- January 13, 2026
- Days on market
- 271
Construction
- Style
- 70 - Industrial
- Structure
- Industrial
Lot
- Lot size
- 5,000 sq ft
Terms
- Terms offered
- CashConventionalSee Remarks
Utilities
- Water
- See Remarks
- Sewer
- Available
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- Industrial
- Cash
- Conventional
- See Remarks
- Available
Listing history
Listed
$1,400,000
January 13, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$8,152
- Principal & interest
- $7,079
- Property tax (est.)
- $1,073
Assumes $280,000 down (20%), a $1,120,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of October 12, 2026 at 8:00 AM PDT. 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.