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Mixed-Use

Ballard Hacienda Building

5423 Ballard Ave NW, Seattle, WA 98107

Listing Price: $4,550,000

Cap Rate
5.54%
Number of Units
6
Occupancy
100.0%
Price/Unit
$758,333
Price/Gross SF
$599.47
Gross SF
7,590

Investment Overview

The exclusive sale offering for La Hacienda Building, a prime mixed-use property in Seattle’s Ballard
neighborhood. This well-maintained, two-story building features two street-level retail spaces and four residential units, all benefiting from exceptional visibility along Ballard Avenue. The property offers a rare investment opportunity with direct frontage to high foot traffic and Washington’s largest year-round farmer’s market.

The property features long-term leases, strong in-place rents, and a nearly 12% upside in residential income. The asset boasts a history of high occupancy, excellent upkeep, and proximity to top-tier amenities. The property is also highly accessible, earning a Walk Score of 96 and
offering direct access to multiple transit routes.

Investment Highlights

  • EXCEPTIONALLY LOCATED
  • HIGH BARRIER TO ENTRY
  • STRONG HISTORICAL OCCUPANCY
  • LOW VACANCY SUBMARKET

Exclusively Listed By

Financing By

Mixed-Use

Ballard Hacienda Building

Listing Price: $4,550,000

Cap Rate
5.54%
Number of Units
6
Occupancy
100.0%
Price/Unit
$758,333
Price/Gross SF
$599.47
Gross SF
7,590

Investment Highlights

  • EXCEPTIONALLY LOCATED
  • HIGH BARRIER TO ENTRY
  • STRONG HISTORICAL OCCUPANCY
  • LOW VACANCY SUBMARKET

Investment Overview

The exclusive sale offering for La Hacienda Building, a prime mixed-use property in Seattle’s Ballard neighborhood. This well-maintained, two-story building features two street-level retail spaces and four residential units, all benefiting from exceptional visibility along Ballard Avenue. The property offers a rare investment opportunity with direct frontage to high foot traffic and Washington’s largest year-round farmer’s market. The property features long-term leases, strong in-place rents, and a nearly 12% upside in residential income. The asset boasts a history of high occupancy, excellent upkeep, and proximity to top-tier amenities. The property is also highly accessible, earning a Walk Score of 96 and offering direct access to multiple transit routes.

Exclusively Listed By

Financing By

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