The offering consists of two contiguous parcels totaling approximately 16,330 square feet of land, improved with a single-family residence and a commercial building comprised of four retail suites. This unique configuration provides a blend of in-place income with long-term redevelopment potential, making it well-suited for investors, developers, or owner/users seeking scale in a supply-constrained urban neighborhood. The commercial building features four individual suites, offering diversified tenancy and flexibility for a range of retail or service-oriented users. The adjacent residential structure provides additional income or potential for owner occupancy, further enhancing the asset’s versatility. With frontage along 15th Ave NW, the property benefits from strong visibility and consistent vehicular traffic through one of Northwest Seattle’s primary arterial corridors.
Positioned on a sizable 16,330 SF footprint, the site presents compelling future redevelopment potential, subject to zoning, in an area experiencing continued residential and commercial growth. The surrounding Crown Hill and Ballard neighborhoods are known for their strong demographics, walkability, and ongoing demand for housing and neighborhood-serving retail.
Whether pursuing a hold strategy with stable income or planning for future redevelopment, 8323 & 8327 15th Ave NW represents a highly flexible opportunity in one of Seattle’s most active and evolving submarkets.