$16,000,000
Chinook Ballard
Listing Type: For Sale
Property Type: Multi-Family
Status: Available
CBA ID#: 669970
1446 NW 53rd St
Seattle, WA 98107

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Commercial Property

Marketing Description:

We present Chinook Ballard, a brand new 56-unit apartment building located in one of Seattle’s most sought-after neighborhoods. The building is comprised of SEDUs, EDUs, and one-bedroom lofts and qualifies for a 12-year property tax exemption with 14 affordable units. Amenities include a ground-floor lobby and common area, controlled access, as well as in-unit washers and dryers and the property’s location offers near-perfect Walk and Bike Scores of 96 and 98, respectively. With current easy access to South Lake Union and the University District, Chinook Ballard will benefit from proximity to Sound Transit options as the proposed extension will feature a Ballard Station just a few steps away.

Land Features:

  • Lot Size: 217800000 SqFt
  • Lot Acreage: 5000 Acres
  • Zoning: C1-75(M)

Building Features:

  • Building Size: 20108 SqFt
  • Available Space: 20108 SqFt
  • Number of Floors: 6
  • Cap Rate: 0.00%
  • Construction: Framed
  • Year Built: 2023
This Listing Supplied Courtesy of Berkadia Real Estate Advisors
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity