5505 24th Avenue NW, Seattle, WA 98107

$4,800,000

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Listing courtesy of George W Johnson Realty.

List Price
$4,800,000
Status
ACTIVE
MLS#
2539955
Days on Market
0

Property Description

A rare opportunity to acquire a prominent 10,667-square-foot corner parcel in the heart of Seattle's highly desirable Ballard neighborhood. Zoned NC3P-75 (M), the property offers exceptional long-term redevelopment potential for a mixed-use project with street-level commercial uses and residential units above. The existing gas station has ceased operations, and the property is currently occupied by two food trucks providing interim income. The site is being marketed primarily for its underlying land value and redevelopment potential rather than its existing improvements. Situated within Seattle's Urban Village growth area, the property benefits from excellent visibility, strong demographics, high walkability, and proximity to Market Street, Ballard Avenue, the Salmon Bay waterfront, Golden Gardens, and numerous retail, restaurant, and neighborhood amenities.

Additional Information

Community
Ballard
Building Condition
Fair
Style
75 - Retail
Year Built
1938
Roof
See Remarks
Tax Year
2026
Potential Terms
Cash
Flooring
Concrete
Driving Directions
From 15th Ave NW & NW Market St go west one Market to 24th Ave NW. Site is the old Spirit Gas Station, located on the NW corner of 24th Ave NW & NW Market St
Energy Source
Electric
Based on information submitted to the MLS GRID as of . 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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