- 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
False
Contacts
Location
Getting Around
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Walk Score ®
97/100 Walker's Paradise -
Transit Score ®
52/100 Good Transit -
Bike Score ®
96/100 Biker's Paradise
- City Seattle, WA
- Neighborhood Ballard
- Zip Code 98107
- Market Seattle
Points of Interest
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U District
3.39 miles
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Northgate
3.56 miles
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Fairview & Campus Drive
3.80 miles
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Westlake & Mercer
3.80 miles
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Westlake & Thomas
3.97 miles
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Terry & Thomas
4.00 miles
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University of Washington
4.04 miles
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University of Washington
4.05 miles
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Westlake & Denny
4.17 miles
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Westlake & 7th
4.36 miles
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Spirit Gas Station
0.10 miles
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76
0.45 miles
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Safeway Fuel Station
0.47 miles
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Volta
0.51 miles
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Dr. Dan's Biodiesel
0.81 miles
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Shell
0.82 miles
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Volta
0.90 miles
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Magnolia 76
0.90 miles
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Shell
0.93 miles
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Shell
0.95 miles
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The Commons at Ballard
0.04 miles
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NOMA
0.06 miles
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Public Library Parking Lot
0.09 miles
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QFC Parking Lot
0.09 miles
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Amli Mark 24 Residential Parking Lot
0.13 miles
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Soren Apartments Retail Parking Lot
0.13 miles
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St Luke's Parking Lot
0.13 miles
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Soren Apartments Residential Parking Lot
0.14 miles
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Merrill Gardens
0.14 miles
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U-Park
0.16 miles
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Ballard Inn
0.21 miles
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Hotel Ballard
0.25 miles
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9 Cranes Inn
1.35 miles
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Park Plaza Motel
1.87 miles
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Wallingford Inn
1.90 miles
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Marco Polo Motel
1.98 miles
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Staybridge Suites
2.06 miles
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HotelHotel
2.08 miles
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Everspring Inn
2.33 miles
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Travelodge by Wyndham Seattle North of Downtown
2.47 miles
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Bunsoy
0.04 miles
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Sushi I
0.04 miles
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Secret Savory
0.04 miles
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India Bistro
0.05 miles
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Ann's Teriyaki Restaurant
0.05 miles
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Crackle Mi
0.05 miles
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Pestle Rock
0.05 miles
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Ballard Smokeshop Restaurant & Lounge
0.05 miles
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Sam's Sushi
0.06 miles
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La Carta de Oaxaca
0.06 miles
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Adams Elementary School
0.40 miles
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Matheia School
0.58 miles
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Salmon Bay School
0.64 miles
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Ballard High School
0.71 miles
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Webster School
0.77 miles
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Lawton Elementary School
0.88 miles
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West Woodland Elementary School
1.08 miles
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Pacific Crest
1.16 miles
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Loyal Heights Elementary School
1.17 miles
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Whittier Elementary School
1.20 miles
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Saint Alphonsus Preschool
0.51 miles
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Zoom Language Center
0.67 miles
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Wee Learners Preschool
0.72 miles
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Lighthouse Montessori School
0.74 miles
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Woodland Hall Preschool
1.03 miles
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Kids Inc
1.10 miles
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Agape Infant Through Preschool Center
1.18 miles
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Agape Childcare Center
1.20 miles
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North Seattle Fives Preschool
1.45 miles
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Early Learning and Development Center
1.55 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.
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Contact Listing Broker
Blake Taylor
West Coast Commercial Realty LLC