5505 24th Avenue NW Seattle, WA $ 4,800,000
5505 24th Avenue NW
$ 4,800,000
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5505 24th Avenue NW

Seattle, WA, 98107
$ 4,800,000
Bedrooms-- Baths--

Monthly Estimate*

$ 30,308

Listed by George W Johnson Realty
5505 24th Avenue NW, Seattle, WA 98107 - Image 1
5505 24th Avenue NW, Seattle, WA 98107 - Image 2
5505 24th Avenue NW, Seattle, WA 98107 - Image 3
5505 24th Avenue NW, Seattle, WA 98107 - Image 4

Commercial Property for sale in Seattle, WA

for $4,800,000. This building was built in 1938 on a lot size of 0.2449.

A rare opportunity to acquire a prominent 10,667-square-foot corner parcel in the heart of Seattle's highly desirable Ballard neighborhood. Zoned NC3P-75 (M), the property offers exceptional long-term redevelopment potential for a mixed-use project with street-level commercial uses and residential units above. The existing gas station has ceased operations, and the property is currently occupied by two food trucks providing interim income of $2000 per month. Tenant is on a MTM basis.. The site is being marketed primarily for its underlying land value and redevelopment potential rather than its existing improvements. Situated within Seattle's Urban Village growth area, the property benefits from excellent visibility, strong demographics, high walkability, and proximity to Market Street, Ballard Avenue, the Salmon Bay waterfront, Golden Gardens, and numerous retail, restaurant, and neighborhood amenities.

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Commercial Active

Price

$ 4,800,000

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

0.2449

Year Built

1938

Town/City

Seattle

County/Region

King

MLS | Web ID

2539955

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Negotiable
Roof See Remarks
HOA Fee 0
Year Built 1938
Topography Level
Property Subtype Commercial Industrial
Tax Year 2026
County King
Property Type Commercial Sale
HOA N
Subdivision Name Ballard
Possible Use Commercial Multi-Family Residential See Remarks
Special Listing Conditions None
Status Active
Directions From 15th Ave NW & NW Market St go west one Market to 24th Ave NW. Site is the old Spirit Gas Station located on the NW corner of 24th Ave NW & NW Market St
City Seattle
Senior Community Y/N N
Zoning Description Commercial Multi-Family Residential See Remarks
Number Of Units Total 2
MLS Area 705 - Ballard/Greenlake
Lot Size Units Square Feet
Lot Size Square Feet 10667
Carport Y/N N
Listing Terms Cash
Property Condition Fair
Public Remarks A rare opportunity to acquire a prominent 10 667-square-foot corner parcel in the heart of Seattle's highly desirable Ballard neighborhood. Zoned NC3P-75 (M) the property offers exceptional long-term
Structure Type Retail
Building Area Units Square Feet
Standard Status Active
Water Company Seattle
Property Style 75 - Retail
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Exterior
Exterior Amenities Metal/Vinyl
Water Source Public
Total Parking 0
Foundation Details See Remarks
Building Area Total 0
Lot Dimensions 100 x 100
Lot Size Acres 0.2449
Irrigation Water Rights Y/N N
Site Frontage 100
Lot Number 12 13
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Interior
Flooring Concrete
Total Fireplaces 0
Air Conditioning Y/N N
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
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Internal Only
OriginalMLSID NWM2539955
Street Number 1 5505
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* Excluded Features
List By
Bob Johnson

Listing Agent

George W Johnson Realty

Broker

Affordability Calculator

$30,308
Per Month
100%
0%
0%
Monthly Principal & Interest
$30,308
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2026$4,800,000 Listed Price

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5505 24th Avenue NW, Seattle, WA, 98107 is a Commercial Property for sale at $4,800,000 with a lot size of 0.2449. 5505 24th Avenue NW was built in 1938. The property's zip code is 98107 which is in Seattle, WA