Kress Building For Sale

For Sale

2220 NW Market St, Seattle, WA 98107

This Seattle property for sale is located at 2220 NW Market St. The current listed sale price for Kress Building For Sale is $6,585,000. Kress Building For Sale is situated on a lot that is 0.23 acre in size.

Contacts

broker

Blake Taylor

West Coast Commercial Realty LLC

(206) 283-5212 x 114

Property Details

  • Property Type Mixed Use
  • Property Size 20,067 SF
  • Lot Size 0.23 Acre
  • # of Floors 2
  • Property Tenancy Multi-Tenant
  • Year Built 1927
  • Year Renovated 2023
  • Date Updated Jul 17, 2023

Ballard Market Street Add-Value for Sale

Pivot from redevelopment or consider this great value-add mixed-use Ballard building as a 1031 option. The Kress Building presents a chance to acquire a high-quality asset on Market Street, featuring a combination of retail, office, and creative spaces. all ideally suited for this particular submarket. The seller's ongoing improvements has exceeded $600k in the past year, encompassing the establishment of new retail space on Market Street, six micro loft office suites, plumbing and electrical enhancements, as well as the addition of new entrances on both northwest Market Street and northwest 56th Street. Notably, four new leases have been signed within the last three months. This property grants investors the ability to self-manage while enjoying a stable income, with further potential for value appreciation through leasing the remaining vacancies and enhancing the aesthetic appeal of shared areas.

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Highlights

  • Heart of Ballard on NW Market Street at 56th

Getting around

  • 97/100

    Walk Score ®

  • 52/100

    Transit Score ®

  • 96/100

    Bike Score ®

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Location

  • City Seattle, WA
  • Neighborhood Ballard
  • Zip Code 98107
  • Market Seattle

Points of Interest

  • Roosevelt

    3.29 miles

  • U District

    3.39 miles

  • Northgate

    3.56 miles

  • Seattle Center

    3.71 miles

  • Lake Union Park

    3.77 miles

  • Fairview & Campus Drive

    3.80 miles

  • Westlake & Mercer

    3.80 miles

  • Terry & Mercer

    3.84 miles

  • Westlake & Thomas

    3.97 miles

  • Terry & Thomas

    4.00 miles

  • Spirit Gas Station

    0.10 miles

  • 7-Eleven

    0.33 miles

  • 76

    0.45 miles

  • Safeway Fuel Station

    0.47 miles

  • Volta

    0.50 miles

  • Dr. Dan's Biodiesel

    0.81 miles

  • Shell

    0.82 miles

  • Volta

    0.90 miles

  • Magnolia 76

    0.90 miles

  • Shell

    0.93 miles

  • The Commons at Ballard

    0.04 miles

  • NOMA

    0.06 miles

  • Diamond Parking

    0.07 miles

  • Public Library Parking Lot

    0.09 miles

  • QFC Parking Lot

    0.09 miles

  • Amli Mark 24 Residential Parking Lot

    0.13 miles

  • Soren Apartments Retail Parking Lot

    0.13 miles

  • St Luke's Parking Lot

    0.13 miles

  • Soren Apartments Residential Parking Lot

    0.14 miles

  • Merrill Gardens

    0.14 miles

  • Ballard Inn

    0.21 miles

  • Hotel Ballard

    0.25 miles

  • 9 Cranes Inn

    1.35 miles

  • Park Plaza Motel

    1.87 miles

  • Wallingford Inn

    1.90 miles

  • Marco Polo Motel

    1.98 miles

  • Staybridge Suites

    2.06 miles

  • HotelHotel

    2.08 miles

  • Everspring Inn

    2.33 miles

  • Travelodge by Wyndham Seattle North of Downtown

    2.47 miles

  • QFC

    0.13 miles

  • Target

    0.47 miles

  • Amazon Fresh

    0.51 miles

  • Safeway

    0.53 miles

  • Town & Country

    0.54 miles

  • PCC

    0.69 miles

  • Ross

    0.69 miles

  • Trader Joe's

    0.70 miles

  • Scandinavian Specialties

    0.75 miles

  • Fred Meyer

    1.00 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Blake Taylor

West Coast Commercial Realty LLC

(206) 283-5212 x 114