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Toril White

1toril@torilsellshouses.com +1(253) 350-2638

Listed by:KW Lake Washington So • Daniel Sebryakov

$1,400,000

Est. payment - /mo

5,000 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Ballard

MLS Listing ID 2467118

Style 70 - Industrial

Annual Tax Amount $11,753

Lot Size 5,000 Sqft

Property Sub-Type Commercial Industrial

Property Description

Builder/Investor/Developer Alert! Exceptional opportunity for a fully entitled, permits PAID, multifamily development in one of Seattle's most desirable rental submarkets. Ballard Urban Village approved 26-unit apartment zoned LR2 (M1). benefits from ZERO parking requirements, delivering cost savings/improved project feasibility. Approved plans for a 4-story plus basement, Type V-A construction building featuring an efficient micro-unit / SEDU program optimized for strong rent-per-square-foot performance. Unit sizes range approximately 225–330 square feet, each designed to meet or exceed Seattle code requirements for habitable space and storage. Includes indoor bike storage, shared outdoor amenity space, and thoughtfully integrated landscaping. Design Review and all SDCI permit corrections have been completed, with construction documents approved ready to issue. MHA requirements have been satisfied NO MHA FEE The architectural design features articulated façades, projecting bay windows, durable exterior materials, and residential-scaled massing that integrates seamlessly with the surrounding neighborhood. Situated near transit, major employment centers, restaurants, retail, and everyday amenities, this offering presents a rare opportunity for developers/investors seeking a shovel-ready, low-entitlement-risk apartment project in a high-demand Ballard location. All plans, approvals, and due diligence materials available upon request.

Location

State WA

County King

Area 705 - Ballard/Greenlake

Interior

Fireplace false

Building

Sewer Available

Water See Remarks

Others

Senior Community No

Acceptable Financing Cash, Conventional, See Remarks

Listing Terms Cash, Conventional, See Remarks

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Toril White

+1(253) 350-2638

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927 NW 57th ST Seattle, WA 98107

Toril White

Key Details

Location

Interior

Building

Others

Nearby School & Business

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