Skip To Content

1471 NW 85th Street

Seattle, WA 98117
  • $3,120,000
  • STATUS: Active
  • MLS #: 2347969
UPDATED: 4 min ago
$3,120,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1949
County:

School Ratings & Info

Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Real Property Associates.
Mortgage Calculator is provided by BoomTown.

Description

Investment opportunity in Ballard! 8458 rentable sf in this mixed-use building. 3 units on street and 1 large residential apartment on 2nd floor. There are two long-term tenants in the retail spaces, and one 1500sf vacant unit (owner occupy?). The restaurant and upstairs tenant are month-to-month, the hookah lounge has a lease until 2028 with an option to extend. Being situated right next to Safeway at a busy intersection, this location gets lots of exposure and high foot-traffic! Rents are under market value, pro forma financials have been used for the vacant unit.

Monthly Payment Calculator



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Reuben Bray Homes | Realty One Group Prestige are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-04-24T16:17:22.863. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-04-24T16:17:22.863. 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.
www.reubenbrayhomes.com/homes/162017644
Print Image

1471 NW 85th Street Seattle, WA 98117

  • Price: $3,120,000
  • Status: Active
  • On Site: Days
  • Updated: 4 min ago
  • MLS #: 2347969
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1949
Built
Neighborhood:
Crown Hill
County:
King
Area:
705 - Ballard/Greenlake
Property Description
Investment opportunity in Ballard! 8458 rentable sf in this mixed-use building. 3 units on street and 1 large residential apartment on 2nd floor. There are two long-term tenants in the retail spaces, and one 1500sf vacant unit (owner occupy?). The restaurant and upstairs tenant are month-to-month, the hookah lounge has a lease until 2028 with an option to extend. Being situated right next to Safeway at a busy intersection, this location gets lots of exposure and high foot-traffic! Rents are under market value, pro forma financials have been used for the vacant unit.
Exterior Features

Carport YN No Covered Spaces 0 Exterior Features Cement/Concrete Lot Size Dimensions 60' x 133' x 61' x 133' Open Parking YN No Parking Total 0 Roof Torch Down Structure Type Unspecified Style Code 60 - Comm Bldg Und 10K Topography Level

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 0 Cooling Forced Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating Forced Air Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Detached Dwelling Sq Ft Finished 0 Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 103217 Possession Closing Possible Use Commercial Power Company Seattle City Light Power Production Type Electric Property Condition Good Property Sub Type Commercial Industrial Senior Community YN No Sewer Sewer Connected Sewer Company Seattle Public Utilities Short Term Rental YN No Special Listing Conditions None Tax Annual Amount 25743 Tax Year 2025 Water Company Seattle Public Utilities Water Source Public Year Built Effective 1969 Zoning Description Commercial Zoning Jurisdiction City



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Reuben Bray Homes | Realty One Group Prestige are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-04-24T16:17:22.863. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-04-24T16:17:22.863. 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.
 
https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2347969-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2347969-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2347969-1.jpg
Logo
Reuben Bray Homes | Realty One Group Prestige
11818 SE Mill Plain Blvd Ste. 403
Vancouver WA, 98684
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Real Property Associates.
Mortgage Calculator is provided by BoomTown.