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Listing provided by NWMLS, courtesy of Compass Washington

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Active
$4,650,000
/mo   Edit
MLS# 1577306
Commercial/Industrial
Built 1926
0.432 acres
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    Description:   Big box steel and wood with original exposed scaffolding, a piece of Ballard's History! Perfect for an end user with great location: Near LaGunitas, Peddler Brewing, Shelter Lounge and Mean Sandwich. 22' ceiling height. $600k in upgrades. Mezz possible. Storage, warehouse, or remodel to makerspace, brewery, or retail. Signage visible from Ballard Bridge. Frontage on Leary Way. IC65 zone. Water main permit granted for sprinklers. Also for lease warehouse space $15/sf divisible to 8k sf.

    Interior

    Approx. Sq Ft: 0 ft²
    Approx. Office Sq Ft: 0 ft²
    Approx. Whse/Mfg Sq Ft: 0 ft²
    Approx. Building Sq Ft: 18,415 ft²
    Energy Source: Electric, Natural Gas

    Utilities

    Sewer: Available

    Location

    City: Seattle
    State: WA
    Zip Code: 98107
    Area: 705
    County: King
    Latitude: 47.66385900
    Longitude: -122.37733700

    Building

    Year Built: 1926
    Foundation: Poured Concrete
    Roof: Torch Down
    Exterior: Cement/Concrete, Wood
    Ceiling Height: 22' +/-
    Loading: 1-3 Bays
    Power Service in AMPS: 0

    Lot

    Depth of Lot: 0
    Environment Survey: Y
    Lot Sq Ft: 18,808 ft²

    Site

    Community Name: Ballard
    Number of Available Pads: 0
    General Zoning Classification: Commercial, Industrial, Industrial-Light, Office, Retail, See Remarks
    Zoning Jurisdiction: City
    Site Frontage: 100

    Rent

    Terms: Cash Out, Conventional, Owner Financing

    Finance & Taxes

    Homeowner Dues (monthly): None
    Tax Expense: None
    Electrical Expenses: 0
    Total Expenses: 14732
    Tax Year: 0
    Gross Scheduled Income: 368300
    Vacancy Rate: 4
    Gross Adjusted Income: 338836
    Total Expenses: 14732
    Net Operating Costs: 338836
    Cap Rate -NOI div LP: 7.28

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    Listing provided by NWMLS, courtesy of Compass Washington