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For Sale 132 Days Online
$1,945,000
Originally $2,195,000
5,178 Sqft Lot
No Garage
849 NW Market Street is located in the heart of Seattle’s desirable Ballard neighborhood and features a 5,178-square foot, NC1-40 (M2) zoned lot currently occupied by a single-family home. This development site is fully entitled and offers a new owner the immediate opportunity to construct a 35-unit apartment building with 3 live-work units, 6 SEDUs, and 26 one-bedroom one-bath units. The property is exceptionally positioned within walking distance from a variety of restaurants, coffee shops, retail, & grocery offerings spread along Market Street and throughout Ballard. Easy access to major arterial roads such as Hwy99 & 15th Ave NW and planned Ballard light rail station will further contribute to the location’s commute to downtown Seattle
Offer Review
Will review offers when submitted
NWMLS Listing #
2185161
Listed by
Reid Jones, Westlake Associates, Inc.
Contact our
Ballard
Real Estate Lead
Wicklund Real Estate
Phone...
Property History
Mar 22, 2024
Price Reduction arrow_downward
$1,945,000
NWMLS #2185161
Dec 18, 2023
Listed
$2,195,000
NWMLS #2185161
Aug 05, 2012
Sold
$390,000
NWMLS #374548
More
Listing Details
  • Status
    For Sale
  • Price
    $1,945,000
  • Original Price
    $2,195,000
  • List Date
    December 18, 2023
  • Last Status Change
    December 18, 2023
  • Last Update
    March 22, 2024
  • Days on Market
    132 Days
  • Cumulative DOM
    132 Days
  • $/sqft (Total)
    --
  • $/sqft (Finished)
    /sqft
  • Listing Source
  • MLS Number
    2185161
  • Listing Broker
    Reid Jones
  • Listing Office
    Westlake Associates, Inc.
Monthly Payment Estimate
  • Principal and Interest
    $9,835 / month
  • Property Taxes
    / month
  • Homeowners Insurance
    $158 / month
  • TOTAL
    $9,993 / month

  • based on 20% down
    ($389,000)
  • and a
    6.5% Interest Rate
Property Details
  • Sqft (Total)
    0 sqft
  • Sqft (Finished)
    Unspecified
  • Sqft (Unfinished)
    None
  • Property Type
    Parcel
  • Sub Type
    Multi-Family
  • Bedrooms
    Bedrooms
  • Bathrooms
    0 Bathrooms
  • Lot
    5,178 sqft Lot
  • Lot Size Source
    King County
  • Lot #
    Unspecified
  • Project
    Unspecified
  • Total Stories
    Unspecified
  • Sqft Source
    Unspecified
Property Tax Info
  • Property Taxes
    Unspecified
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Seattle
  • Elementary
    Unspecified
  • Middle
    Unspecified
  • High School
    Unspecified
HOA
  • HOA Dues
    Unspecified
  • Fees Assessed
    Unspecified
  • HOA Dues Include
    Unspecified
  • HOA Contact
    Unspecified
  • Management Contact
Parking
  • Covered
    Unspecified
  • Has Garage
    No
Construction
  • Home Builder
    Unspecified
Cooling
Heating
Interior
Property
  • Lot Features
    Corner Lot
    Paved
    Sidewalk
Appliances
Terms
  • 3rd Party Approval Required)
    No
  • Bank Owned (REO)
    No
  • Complex FHA Availability
    Unspecified
  • Potential Terms
    Assumable
    Cash Out
    Conventional
    See Remarks
Utilities
  • Sewer
    Available
  • Water Source
    Available
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    No
  • Buyer Broker's Compensation
    2.5
  • MLS Area #
    Area 705
  • Number of Photos
    8
  • Last Modification Time
    Friday, March 22, 2024 11:26 PM
  • System Listing ID
    5279842
Update Info
  • Price Reduction
    2024-03-22 16:48:07
  • First For Sale
    2023-12-18 12:52:38
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For Sale 132 Days Online
$1,945,000     ▼ Price Reduction $250K
Offer Review: Anytime
Details 
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Listing information is provided by the listing agent except as follows: BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.