Ballard Magnum Building & Parking Lot
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Ballard Magnum Building & Parking Lot
2 Properties Offered at $18,250,000 in Seattle, WA
Investment Highlights
- 65,854 SF industrial building in the heart of Ballard plus a 4,650 SF parking lot across the alley at 5415 Ballard Ave NW
- Built in 1941 as a hardware store, was converted to a 600-unit mini-storage facility and most recently used for general warehousing
- Incredible opportunity to acquire nearly an entire city block in the densely populated and still growing neighborhood of Ballard
- 20 Ft ceilings, fully sprinklered, new 60-mil PVC roof installed in 2023, dock-high and grade-level loading doors, 3-phase and 2,400+ AMPs of power
- Over 300 feet of street frontage on Shilshole Ave NW and over 50 feet of frontage on Ballard Ave NW
- Seller Financing offered for well-qualified buyers
Executive Summary
65,000+ SF building in the heart of Ballard zoned MML U/65 plus a 4,650 SF parking lot with 13 parking spaces across the alley at 5415 Ballard Ave NW zoned NC2P-65. The building was built in 1941 as a hardware store, then converted to a 600-unit mini-storage facility and it's currently used for general warehousing. Fully sprinklered, new 60-mil PVC roof installed in 2023, 20' ceilings on first floor, grade-level and dock-high loading doors, tons of power with a transformer vault on-site, over 300ft of frontage on Shilshole and over 50ft of frontage on Ballard Ave NW. Incredible opportunity for an owner-user or investor to acquire nearly an entire city block in the center of Ballard. Seller Financing offered for well-qualified buyers. Features include busline, wheelchair access and signage.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual |
|---|---|
| Taxes |
$99,999
|
| Operating Expenses |
-
|
| Total Expenses |
$99,999
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $18,250,000 | Number of Properties | 2 |
| Price / SF | $258.85 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 70,504 SF |
| Status | Active | Total Land Area | 0.87 AC |
| Price | $18,250,000 |
| Price / SF | $258.85 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 70,504 SF |
| Total Land Area | 0.87 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Magnum Building
5422 Shilshole Ave NW, Seattle, WA 98107 |
Industrial | 65,854 SF | 1941 | - |
|
Ballard Magnum Building & Parking Lot
5415 Ballard Ave NW, Seattle, WA 98107 |
Specialty | 4,650 SF | - | - |
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Ballard Magnum Building & Parking Lot
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