AVAILABILITY DETAILS
- Size
- 20,067 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA523764
- Notes
- KRESS BUILDING
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.
- Uses
- Office
Retail
Other Availability in this Property
- Space/Suite
-
100B
- Square Feet
- 828 for lease
- Uses
- Office, Retail
- Asking Rent/Price
-
$TBD
- Space/Suite
-
201
- Square Feet
- 165 for lease
- Uses
- Office
- Asking Rent/Price
-
Show Pricing $
- Space/Suite
-
L-12
- Square Feet
- 228 for lease
- Uses
- Office, Retail
- Asking Rent/Price
-
Show Pricing $
- Space/Suite
-
Suite 100B
- Square Feet
- 20,067 for lease
- Uses
- Retail
- Asking Rent/Price
-
Show Pricing $
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
, West Coast Commercial Realty LLC
BRE# 20112029