NWMLS

Listing Firm: George W Johnson Realty (206-226-5900). Listings with the three tree icon are courtesy of NWMLS.

5505 24th Avenue

Seattle, WA 98107

LISTING #2539955
$4,800,000
STATUS Active
YEAR BUILT 1938
PROPERTY TYPE Commercial Sale

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.

PROPERTY DETAILS

EXPAND ALL
Location Information
County King
Community Seattle
Latitude 47.668953
Longitude -122.387995
Directions From 15th Ave NW & NW Market St go west one Market to 24th Ave NW. Site is the old Spirit Gas Station, located on the NW corner of 24th Ave NW & NW Market St
Subdivision Name Ballard
Interior Features
Has Fireplace No
Number of Fireplaces 0
Heating Baseboard
Cooling None
Floors Concrete
Exterior Features
Style Retail
Exterior Metal/Vinyl
Foundation See Remarks
Roof See Remarks
Water Source Public
Septic or Sewer Sewer Connected
Water Seattle
Electric Seattle
Power Production Type Electric
Parking Spaces 0
Topography Level
Lot Size in Acres 0.2449
Lot Size in Sq. Ft. 10,667
Additional Information
Possession Negotiable
Property Type Commercial Sale
Property Subtype Commercial Industrial
Structure Type Retail
Year Built 1938
Status Active
Tax Year 2026
Lot Acres Source KCR
NWMLS

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INTERESTED IN

5505 24th Avenue, Seattle, WA 98107

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