Listing provided courtesy of Real Property AssociatesNWMLSMLS# NWM2514002MLS Provider
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Investment opportunity in Ballard! 8458 rentable sf in this mixed-use building. 3 units on street and 1 large residential apartment on 2nd floor. There are two long-term tenants in the retail spaces, and one 1500sf vacant unit (owner occupy?). The restaurant and upstairs tenant are month-to-month, the hookah lounge has a lease until 2028 with an option to extend. Being situated right next to Safeway at a busy intersection, this location gets lots of exposure and high foot-traffic! Rents are under market value, pro forma financials have been used for the vacant unit.

Source: NWMLS, MLS#: NWM2514002

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  • Property Type
    Commercial Sale
  • Lot
    0.19 acres

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  • Median Age
    39
  • Population Density
    8,055
  • College Educated
    75%
  • Estimated Median Income
    $131,508
  • Estimated Total Home Owners
    10,861
  • Estimated Total Renters
    4,440
  • Owner / Renter Divide
    71% / 29%
  • Estimated Average Household Size
    2
  • Total Population
    36,647
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1471 NW 85th Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/4/2026Source: NWMLS Added to Database
May 04, 2026