1471 NW 85th Street
Seattle, WA 98117
0.19 acres | #2347969
Description
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.
Property Details
- Style60 - Comm Bldg Und 10K
- Property SubtypeCommercial Industrial
- Exterior MaterialsCement/Concrete
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- Date ListedMarch 28, 2025
- Structure TypeUnspecified
- SubdivisionCrown Hill
- Original List Price$3,120,000
- Property TypePurchase
- Taxes Annual$25,743
- MLS #2347969
- Cost3120000
- MLS #2347969
- Acres0.1862
- Utility SourcePublic
- Year Built1949
- CountyKing
- Property ConditionGood
- Days on Market (Cumulative)2
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-03-28 22:58:11. 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.
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Last Updated:Â . Source: NWMLS
Listing Courtesy
Listing Agent: Eric Nissen (#NWM135364)
Listing Office: Real Property Associates (#NWM7300)
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