1471 NW 85th Street Seattle, WA 98117

$1,814,500
0.19
Acres
$1,814,500
Favorite

new 17 hrs ago
1/37
Street View

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.

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.

  • Neighborhood
  • Type
  • County
    King
  • Area
    705 - Ballard/Greenlake
  • Tax Amount
    $25,743
  • Status
    Active
  • Listing #
    2561307
  • Built
    1949
  • Lot Size
    0.19
  • Listed on site
    17 hours

Listed by:
Real Property Associates

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2026-08-03 21:27:10. DMCA
Click for Map
Smart Commute Planner
Add a destination

Property details

Community Features

  • No HOA
  • No Adult Community

Exterior features

  • No Pool
Favorite

Tour This Home

Mon
03Aug
Tue
04Aug
Wed
05Aug
Thu
06Aug
Fri
07Aug
Sat
08Aug
Sun
09Aug
Mon
10Aug
Tue
11Aug
Wed
12Aug
Thu
13Aug
Fri
14Aug
Sat
15Aug
Sun
16Aug
in Person
via Video Call