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JRJeff ReynoldsCompass · Seattle

Listed by Bob Johnson, George W Johnson Realty

Commercial Industrial
Type
1938
Year built
10,667 sq ft
Lot
45
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 of $2000 per month. Tenant is on a MTM basis.. 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

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Directions

Property details

Listing details

Listing number
#2539955
Listed
August 12, 2026
Days on market
45

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

What stands out to you?

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  • Retail
  • See Remarks
  • Baseboard
  • None
  • Electric
  • Concrete
  • Cash

Listing history

  1. 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.

Similar nearby listings

Based on information submitted to the MLS GRID as of September 27, 2026 at 12:45 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.