Situated in North Ballard’s Crown Hill Urban Village, this fully leased, income-producing property sits along the rapidly evolving 15th Ave corridor. Zoned NC3P75 with a 5.5 FAR, the site offers significant redevelopment potential—no parking required under current code. The flat, mid-block lot spans 8,165 square feet with a square footprint ideal for design efficiency. Current improvements include three retail spaces and one four-bedroom residential unit, generating $94,800 in scheduled annual income through March 2025—providing cash flow during the entitlement process. Potential upper-floor views and proximity to a grocery-anchored retail center add long-term value. Here's your chance to develop Crown Hill's newest project!
Situated in North Ballard’s Crown Hill Urban Village, this fully leased, income-producing property sits along the rapidly evolving 15th Ave corridor. Zoned NC3P75 with a 5.5 FAR, the site offers significant redevelopment potential—no parking required under current code. The flat, mid-block lot spans 8,165 square feet with a square footprint ideal for design efficiency. Current improvements include three retail spaces and one four-bedroom residential unit, generating $94,800 in scheduled annual income through March 2025—providing cash flow during the entitlement process. Potential upper-floor views and proximity to a grocery-anchored retail center add long-term value. Here's your chance to develop Crown Hill's newest project!
Neighborhood
Type
Total Baths
County
King
Area
705 - Ballard/Greenlake
Tax Amount
$19,434
Status
Active
Listing #
2352257
Built
1937
Lot Size
0.19
Listed on site
3 hours