5505 24th Avenue NW, Seattle, WA 98107
Listed by Bob Johnson, George W Johnson Realty
$4,800,000
5505 24th Avenue NW, Seattle, WA 98107
Seattle, WA, 98107
- Built
- 1938
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Jeff Reynolds · Managing Broker, Compass
Start with a focused 15-minute call, then tour with a clear due-diligence plan.
- Commercial Industrial
- Type
- 1938
- Year built
- 10,667 sq ft
- Lot
- 0
- Days on market
About this property
A rare opportunity to acquire a prominent 10,667-square-foot corner parcel in the heart of Seattle's highly desirable Ballard neighborhood. Zoned NC3P-75 (M), the property offers exceptional long-term redevelopment potential for a mixed-use project with street-level commercial uses and residential units above. The existing gas station has ceased operations, and the property is currently occupied by two food trucks providing interim income. The site is being marketed primarily for its underlying land value and redevelopment potential rather than its existing improvements. Situated within Seattle's Urban Village growth area, the property benefits from excellent visibility, strong demographics, high walkability, and proximity to Market Street, Ballard Avenue, the Salmon Bay waterfront, Golden Gardens, and numerous retail, restaurant, and neighborhood amenities.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2539955
- Listed
- August 12, 2026
- Days on market
- 0
Construction
- Year built
- 1938
- Style
- 75 - Retail
- Structure
- Retail
- Roof
- See Remarks
Heating & cooling
- Heating
- Baseboard
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- Concrete
Lot
- Lot size
- 10,667 sq ft
Terms
- Terms offered
- Cash
Utilities
- Water
- Seattle
- Sewer
- Seattle
- Power
- Seattle
Listing history
Listed
$4,800,000
August 12, 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
$27,951
- Principal & interest
- $24,271
- Property tax (est.)
- $3,680
Assumes $960,000 down (20%), a $3,840,000 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 August 12, 2026 at 10:30 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.