1471 NW 85th Street Seattle, WA ^$ 2,750,000

1471 NW 85th Street

^$ 2,750,000

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1471 NW 85th Street

Seattle, WA, 98117

^$ 2,750,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 17,156

Listed by Real Property Associates

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Commercial Property for sale in Seattle, WA

for $2,750,000. This building was built in 1949 on a lot size of 0.1862.

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.

Commercial Active

Price

^$ 2,750,000

Property Type

Commercial

Taxes

^$ 25,743

Style

Comm Bldg Und 10K

Lot Size

0.1862

Year Built

1949

Town/City

Seattle

County/Region

King

MLS | Web ID

2438751

Features

General

Living Area 0

Sewer Sewer Connected

Heating Forced Air

Cooling Forced Air

Possession Closing

Roof Torch Down

HOA Fee 0

Year Built 1949

Topography Level

Property Subtype Commercial Industrial

Tax Year 2025

County King

Net Operating Income 103217

Insurance Expense 4800

Property Type Commercial Sale

HOA N

Subdivision Name Crown Hill

Possible Use Commercial

Special Listing Conditions None

Status Active

Directions From I-5 take Exit 172 for N 85th St. Keep left at the fork and follow signs for N 85th St. Turn left onto N 85th St and continue west for about 3 miles. The destination will be on your right.

City Seattle

Senior Community Y/N N

Zoning Description Commercial

Number Of Units Total 4

MLS Area 705 - Ballard/Greenlake

Lot Size Units Square Feet

Lot Size Square Feet 8113

Carport Y/N N

Listing Terms Cash Out Conventional

Tax Annual Amount 25743

Electric Expense 0

Fuel Expense 0

Property Condition Good

Public Remarks 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

Structure Type Unspecified

Building Area Units Square Feet

Standard Status Active

Water Company Seattle Public Utilities

Total Actual Rent 12232

Water Sewer Garbage 1700

Property Style 60 - Comm Bldg Und 10K

Cap Rate 3.3

AFH 234

Exterior

Exterior Amenities Cement/Concrete

Water Source Public

Total Parking 0

Foundation Details Poured Concrete

Building Area Total 0

Lot Dimensions 60' x 133' x 61' x 133'

Lot Size Acres 0.1862

Covered Spaces 0

Irrigation Water Rights Y/N N

Parking Uncovered Total 0

Interior

Total Fireplaces 0

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Power Production Type Electric

Baths Three Quarter Upper 0

Bedrooms Upper 0

Baths Half Upper 0

Baths Full Upper 0

Internal Only

OriginalMLSID NWM2438751

Street Number 1 1471

* Excluded Features

List By

Eric Nissen

Listing Agent

Real Property Associates

Broker

Affordability Calculator

$19,302

Per Month

Monthly Principal & Interest: $17,156
Monthly Property Taxes: $2,145
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Seattle, WA

Average List Price ^$1,491,846

Percent of Sale Price 46%

About Seattle, WA

718,877 Population

28% Since 2002

^$81,312 Median Income

39.1 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

258624 Elementary School

258775 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/3/2025	$2,750,000		Listed Price

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1471 NW 85th Street, Seattle, WA, 98117 is a Commercial Property for sale at $2,750,000 with a lot size of 0.1862. 1471 NW 85th Street was built in 1949. The property's zip code is 98117 which is in Seattle, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Northwest Multiple Listing Service

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northwest Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/16/2025.

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1471 NW 85th Street

Commercial Property for sale in Seattle, WA

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