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For Sale 120 Days Online
$3,980,000
Originally $4,500,000
10,000 Sqft Lot
No Garage
Covered Land Play in Downtown Ballard. Fully renovated, income-producing properties in Downtown Ballard with prime redevelopment potential. This turnkey 6-unit apartment building and single-family home generate $15,000 monthly, covering costs while permitting the property. Zoned Midrise Residential, the property features an 80' height limit and a completed initial feasibility study supporting plans for 60+ units. Enjoy cash flow now while you plan for future development.
Offer Review
Will review offers when submitted
Listing source NWMLS MLS #
2300024
Listed by
Taylor Wyman, Northmarq Commercial, LLC
Matt Johnston, Northmarq Commercial, LLC
Contact our
Ballard
Real Estate Lead
John L. Scott
Phone...
Property History
Dec 19, 2024
Price Reduction arrow_downward
$3,980,000
NWMLS #2300024
Oct 09, 2024
Listed
$4,500,000
NWMLS #2300024
Jun 08, 2022
Sold
$1,500,000
Nov 19, 2021
Listed
$1,500,000
More
Listing Details
  • Status
    For Sale
  • Price
    $3,980,000
  • Original Price
    $4,500,000
  • List Date
    October 9, 2024
  • Last Status Change
    October 9, 2024
  • Last Update
    December 30, 2024
  • Days on Market
    120 Days
  • Cumulative DOM
    120 Days
  • $/sqft (Total)
    --
  • $/sqft (Finished)
    /sqft
  • Listing Source
  • MLS Number
    2300024
  • Listing Broker
    Taylor Wyman
  • Listing Office
    Northmarq Commercial, LLC
Monthly Payment Estimate
  • Principal and Interest
    $20,863 / month
  • Property Taxes
    / month
  • Homeowners Insurance
    $271 / month
  • TOTAL
    $21,134 / month

  • based on 20% down
    ($796,000)
  • and a
    6.85% Interest Rate
  • About:
    All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
Property Details
  • Sqft (Total)
    0 sqft
  • Sqft (Finished)
    0 sqft
  • Sqft (Unfinished)
    None
  • Property Type
    Parcel
  • Sub Type
    Multi-Family
  • Bedrooms
    Bedrooms
  • Bathrooms
    0 Bathrooms
  • Lot
    10,000 sqft Lot
  • Lot Size Source
    County
  • Lot #
    Unspecified
  • Project
    Unspecified
  • Total Stories
    Unspecified
  • Sqft Source
    Unspecified
Property Tax Info
  • Property Taxes
    Unspecified
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Seattle
  • Elementary
    Unspecified
  • Middle
    Unspecified
  • High School
    Unspecified
HOA
  • HOA Dues
    Unspecified
  • Fees Assessed
    Unspecified
  • HOA Dues Include
    Unspecified
  • HOA Contact
    Unspecified
  • Management Contact
Parking
  • Covered
    Unspecified
  • Has Garage
    No
Views
  • City
    Mountain(s)
    Ocean
Construction
  • Home Builder
    Unspecified
Cooling
Heating
Interior
Property
Appliances
Terms
  • 3rd Party Approval Required)
    No
  • Bank Owned (REO)
    No
  • Complex FHA Availability
    Unspecified
  • Potential Terms
    Cash Out
    Conventional
Utilities
  • Sewer
    Available
  • Water Source
    Available
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    No
  • Buyer Broker's Compensation
    2.5%
  • MLS Area #
    Area 705
  • Number of Photos
    35
  • Last Modification Time
    Monday, December 30, 2024 10:32 AM
  • System Listing ID
    5373803
Update Info
  • Price Reduction
    2024-12-19 12:16:11
  • First For Sale
    2024-10-09 10:55:15
Listing details based on information submitted to the MLS GRID as of Monday, December 30, 2024 10:32 AM. 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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For Sale 120 Days Online
$3,980,000     ▼ Price Reduction $520K
Offer Review: Anytime
NWMLS #2300024. Taylor Wyman, Northmarq Commercial, LLC
Map
 
Listing information is provided by the listing agent except as follows: BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.