5307 - 5313 Ballard Ave NW
Seattle WA 98107
Ballard Avenue Retail
5307 - 5313 Ballard Ave NW Seattle WA 98107
Listing #: 710812 | Status: Available | Last Modified: 4/28/2026 |
For Sale
- Phone:(206) 726-6230
- Email:james@jamestjoa.com
- Office Name:RE/MAX Metro Realty, Inc.
- Office Phone:(206) 322-5700
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 7,750,000.0
- $/SF$ 715.2
- Listing StatusAvailable
- Days on Market33
- Asset ClassRetail
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 5.80 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings2
- # of Floors1
- # of Units3
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF10836
- Net Rentable Area10836
- Total Office SF
- Largest Contiguous SF6000
- Lot SF12538
- Acres0.29
- Property TypeRetail
- Office Type
- Building Class
- CountyKing
- VicinityHistoric Ballard
- Location DescriptionOn Ballard Ave NW in Historic Ballard District
- Second Address
- Cross StreetNW Vernon Pl
- Market AreaFremont/Ballard
- Tax ID #2767702530
- Additional Parcels2767702535
- ZoningNC2P-65
- Year Built1900
- Year Renovated2009
- Completion Date04/01/2009
- Roof Type
- Construction TypeBrick, Framed, Wood
Ballard Avenue Retail
Fully leased 10,889 SF retail asset anchored by three highly regarded restaurant operators — Sabine Café, Gracia, and Radiator Whiskey — prominently located along the heart of Ballard Avenue, one of Seattle’s most vibrant and sought-after dining and retail corridors. This trophy investment offers a 5.8% cap rate with long-term, NNN leases in place, providing stable, passive income backed by strong, established tenants. The property benefits from exceptional build-outs, including a flagship, high-end custom interior at Sabine with significant tenant investment, while Gracia and Radiator Whiskey feature modern, well-appointed spaces that further elevate the asset’s overall quality. Ownership has invested heavily in structural and system upgrades, highlighted by a ~$700K seismic retrofit wi
Prime retail space on Ballard Ave NW in the Historic District of Ballard. Building to be upgraded while retaining historical characteristics such as the brick facade & the intricate tile work. Exposed brick walls, 12`8" ceilings and a new roof. Neighboring bldg to be renovated also & home to new French restaurant. Excellent neighborhood businesses.









