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JRJeff ReynoldsCompass · Seattle

Listed by Eric Nissen, Real Property Associates

Commercial Industrial
Type
1949
Year built
8,113 sq ft
Lot
434
Days on market

About this property

Investment opportunity in Ballard! 8458 rentable sf in this mixed-use building. 3 units on street and 1 large residential apartment on 2nd floor. There are two long-term tenants in the retail spaces, and one 1500sf vacant unit (owner occupy?). The restaurant and upstairs tenant are month-to-month, the hookah lounge has a lease until 2028 with an option to extend. Being situated right next to Safeway at a busy intersection, this location gets lots of exposure and high foot-traffic! Rents are under market value, pro forma financials have been used for the vacant unit.

Location & commute

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Directions

Property details

Listing details

Listing number
#2514002
Listed
May 4, 2026
Days on market
434 (includes a prior listing period)

Construction

Year built
1949
Style
60 - Comm Bldg Und 10K
Structure
Unspecified
Roof
Torch Down

Heating & cooling

Heating
Forced Air
Cooling
Forced Air
Energy source
Electric

Lot

Lot size
8,113 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Seattle Public Utilities
Sewer
Seattle Public Utilities
Power
Seattle City Light

What stands out to you?

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  • Unspecified
  • Torch Down
  • Forced Air
  • Electric
  • Cash
  • Conventional

Listing history

  1. Listed

    $2,000,000

    May 4, 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

$11,646

Principal & interest
$10,113
Property tax (est.)
$1,533

Assumes $400,000 down (20%), a $1,600,000 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.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM 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.