1464 49th St NW - Office FOR SALE


Seattle, WA 98107- West Woodland
$1,310,000 USD
425-776-1119
1464 49th St NW, Seattle, WA for Sale
$1,310,000 USD
Office - FOR SALE
1/20
null | Request Cap Rate

1464 49th St NW
Seattle, WA 98107
West Woodland


HIGHLIGHTS

  • VISIBILITY AND ACCESS- Frontage on 15th Ave NW with 60k+ Vehicles per day.. 15 minutes to Downtown Seattle. 30 to Bellevue.
  • TURNKEY AND FULLY RENOVATED- Seven private offices, two conference rooms, two bathrooms, full kitchen, reception lobby and finished open work area.
  • SECURED YARD AND PARKING- Fenced private yard, dedicated on-site parking, two permitted storage containers
  • A WHOLE BUILDING, NOT A SUITE- Private entry, no shared common areas. Your own signage, hours, gate and front door.
  • DENSE, AFFLUENT TRADE AREA- 223,000 residents within three miles, average household incomes above $153,000, and no Washington State personal income ta
  • FLEXIBLE II U/125 ZONING- Office permitted as a principal use, with substantial substantial height allowance and long-term redevelopment optionality

OVERVIEW

1464 NW 49th Street is a 2,292 square foot, two-story office building on a fenced 3,078 square foot parcel in the heart of Ballard, offered for the first time since a comprehensive renovation was completed. Turnkey and Fully renovated with seven private offices, two conference rooms, two bathrooms, full kitchen, reception lobby and finished open work area. Built in 1985 and rebuilt from the inside out since 2021 with nearly $400k in improvements. It has been converted from industrial flex into a turnkey headquarters for a single company — four offices, a conference room, kitchen, bathroom and reception upstairs; three offices, a second conference room, a second bathroom and an open collaborative area with custom millwork below. It retains a fully fenced and secured yard with on-site parking and two permitted storage containers — the single most difficult element to replace in Ballard today. Visibility and access, with frontage on 15th Avenue NW at 60,000+ vehicles per day. Fifteen minutes to downtown Seattle, thirty to Bellevue, direct to Highway 99 and I-5. Flexible II U/125 zoning. Office permitted as a principal use, with substantial height allowance and long-term redevelopment optionality on a designated industrial-innovation corridor. Sited in a dense and affluent trade area populated by 223,000 residents within three miles with average household incomes above $153,000.

FOR SALE DETAILS

PRICE

$1,310,000 USD

PRICE/SF

$572 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

II U/125

APN/PARCEL ID

276830-1975

ASK ABOUT THIS PROPERTY

425-776-1119

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

425-776-1119

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.