Kress Building For Sale

2220 NW Market St, Seattle, WA 98107

  • For Sale $5,850,000
  • 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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Attachments

Highlights

  • Heart of Ballard on NW Market Street at 56th

Contacts

broker
Blake Taylor

West Coast Commercial Realty LLC

Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise

  • Transit Score ®

    52/100 Good Transit

  • Bike Score ®

    96/100 Biker's Paradise
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

  • The Ballard Cut

    0.04 miles

  • DIY Tea Lab

    0.04 miles

  • Secret Savory

    0.04 miles

  • India Bistro

    0.05 miles

  • Crackle Mi

    0.05 miles

  • Pestle Rock

    0.05 miles

  • Ballard Smokeshop Restaurant & Lounge

    0.05 miles

  • Sam's Sushi

    0.06 miles

  • La Carta de Oaxaca

    0.06 miles

  • Vera's Pizza & Bar

    0.06 miles

  • Adams Elementary School

    0.40 miles

  • Matheia School

    0.58 miles

  • Salmon Bay School

    0.64 miles

  • Ballard High School

    0.71 miles

  • Webster School

    0.77 miles

  • Lawton Elementary School

    0.88 miles

  • West Woodland Elementary School

    1.08 miles

  • Pacific Crest

    1.16 miles

  • Loyal Heights Elementary School

    1.17 miles

  • Whittier Elementary School

    1.20 miles

  • Saint Alphonsus Preschool

    0.51 miles

  • Wee Learners Preschool

    0.72 miles

  • Bright Horizons

    0.73 miles

  • Lighthouse Montessori School

    0.74 miles

  • Woodland Hall Preschool

    1.03 miles

  • Kids Inc

    1.10 miles

  • Agape Infant Through Preschool Center

    1.18 miles

  • Agape Childcare Center

    1.20 miles

  • Tiny Cabin Montessori

    1.29 miles

  • Ivy Blossom Preschool

    1.35 miles

Frequently Asked Questions

How much does Kress Building For Sale cost?

The space currently listed for sale at Kress Building For Sale asks for $5,850,000.

What is the total square footage of Kress Building For Sale?

Kress Building For Sale totals 20,067 square feet.

When was this property built?

Kress Building For Sale was built in 1927.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Blake Taylor

West Coast Commercial Realty LLC