1471 NW 85th Street, Seattle, WA 98117
Listed by Eric Nissen, Real Property Associates
$1,814,500
1471 NW 85th Street, Seattle, WA 98117
Seattle, WA, 98117
- Built
- 1949
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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
- 1949
- Year built
- 8,113 sq ft
- Lot
- 449
- 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
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2561307
- Listed
- July 28, 2026
- Days on market
- 449 (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
Listing history
Listed
$1,814,500
July 28, 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
$10,566
- Principal & interest
- $9,175
- Property tax (est.)
- $1,391
Assumes $362,900 down (20%), a $1,451,600 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 July 28, 2026 at 7:15 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.