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5307 & 5313 Ballard Ave NW
Seattle, WA Ballard

$7,750,000 USD

General Retail For Sale  •  7,915 SF

2 Properties View all

Property Details

  • Property Type General Retail
50 Transit Score
80 Walk Score

Highlights

— 10,889 SF fully leased retail property on Ballard Avenue, one of Seattle's top dining/retail corridors.
— Three established restaurant operators (Sabine Café, Gracia, Radiator Whiskey) on long-term NNN leases, meaning they cover all operating expenses.
— 5.8% cap rate with stable, passive income and no landlord expense obligations.
— Trophy-grade build-outs, notably Sabine's flagship custom interior with significant tenant investment. Building is in excellent condition.
— Rare chance to acquire a turnkey, income-producing asset in a coveted, high-foot-traffic neighborhood with strong fundamentals.
— Extensively upgraded asset featuring a ~$700K seismic retrofit, new electrical and plumbing systems, new water mains, roof replacement, and a rein

Public Transportation

Commuter RailDriveWalkDistance
King Street (Seattle) Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 17 min - 7.2 mi
AirportDriveWalkDistance
Seattle-Tacoma International 35 min - 18.6 mi
Seattle Paine Field International 39 min - 21.7 mi
James Tjoa 206-226-2800 RE/MAX Metro Realty, Inc.
James Tjoa 206-226-2800 RE/MAX Metro Realty, Inc.