Contacts

Blake Taylor

West Coast Commercial Realty LLC

Property Details

Property Type Mixed Use
Property Size 20,067 SF
Lot Size 0.23 Acre
Additional Rent Contact for pricing
# of Floors 2
Property Tenancy Multi-Tenant
Year Built 1927
Year Renovated 2023
Date Updated Jun 23, 2024

Ballard Market Street Add-Value for Sale

Pivot from redevelopment or consider this great value-add mixed-use Ballard building as a 1031 option. The Kress Building presents a chance to acquire a high-quality asset on Market Street, featuring a combination of retail, office, and creative spaces. all ideally suited for this particular submarket. The seller's ongoing improvements has exceeded $600k in the past year, encompassing the establishment of new retail space on Market Street, six micro loft office suites, plumbing and electrical enhancements, as well as the addition of new entrances on both northwest Market Street and northwest 56th Street. Notably, four new leases have been signed. This property grants investors the ability to self-manage while enjoying a stable income, with further potential for value appreciation through leasing the remaining vacancies and enhancing the aesthetic appeal of shared areas.

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Highlights

Heart of Ballard on NW Market Street at 56th

Attachments

flyer_WA_Seattle_Kress_Building_Ballard_For_Sale (PDF) opens in new window

Getting around

97/100
Walk Score ®
52/100
Transit Score ®
96/100
Bike Score ®

Powered by Walk Score ®

City Seattle, WA
Neighborhood Ballard
Zip Code 98107
Market Seattle

Points of Interest

Brooklyn Avenue & 45th Street

3.38 miles
U District

3.39 miles
43rd Street & Brooklyn Avenue

3.40 miles
Northgate

3.56 miles
Fairview & Campus Drive

3.80 miles
Westlake & Mercer

3.80 miles
Terry & Mercer

3.89 miles
Westlake & Thomas

3.97 miles
Terry & Thomas

4.00 miles
Westlake & 9th-Denny

4.17 miles

Spirit Gas Station

0.10 miles
7-Eleven

0.33 miles
76

0.45 miles
Safeway Fuel Station

0.47 miles
Volta

0.50 miles
Tesla Supercharger

0.69 miles
Dr. Dan's Biodiesel

0.81 miles
Shell

0.82 miles
Magnolia 76

0.90 miles
Blink

0.99 miles

The Commons at Ballard

0.04 miles
NOMA

0.06 miles
Diamond Parking

0.07 miles
Public Library Parking Lot

0.09 miles
QFC Parking Lot

0.09 miles
Amli Mark 24 Residential Parking Lot

0.13 miles
Soren Apartments Retail Parking Lot

0.13 miles
St Luke's Parking Lot

0.13 miles

Ballard Inn

0.21 miles
Hotel Ballard

0.25 miles
Wallingford Inn

1.90 miles
Marco Polo Motel

1.98 miles
Staybridge Suites

2.06 miles
Hotel Hotel Hostel

2.08 miles
Everspring Inn

2.33 miles
Travelodge Seattle North of Downtown

2.47 miles
The Motel Georgian

2.51 miles
Oak Tree Motel

2.58 miles

QFC

0.13 miles
Safeway

0.53 miles
Town & Country

0.54 miles
PCC

0.69 miles
Ross

0.69 miles
Trader Joe's

0.70 miles
Scandinavian Specialties

0.75 miles
Fred Meyer

1.00 miles
Metropolitan Market

1.17 miles
Wallingford Center

2.40 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.