$2,000,000
Est. $10,134/mo1471 Nw 85th Street, Seattle, WA 98117
• Listed 2026-05-04•39 days on market
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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.
Listed by Eric Nissen • Real Property Associates
Listing updated: May 4, 2026 at 09:13am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2514002
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1471 Nw 85th Street, Seattle, WA 98117
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Seattle is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 6 days.
$775,000 Sold
3 weeks ago
4 bd•1 ba•~1,900 sq ft•Single Family
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11%
Under list
—
Days on market
0.9 mi
Distance
$690,000 Sold
7 weeks ago
2 bd•1 ba•~1,311 sq ft•Single Family
8324 16th Avenue Nw #d, Seattle, WA 98117
2%
Over list
—
Days on market
0.1 mi
Distance
$2,375,000 Sold
8 weeks ago
4 bd•2.5 ba•~3,220 sq ft•Single Family
2521 Nw 92nd Street, Seattle, WA 98117
5%
Under list
—
Days on market
0.7 mi
Distance
$999,000 Sold
3 months ago
4 bd•1 ba•~2,396 sq ft•Single Family
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0%
Over list
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Days on market
0.7 mi
Distance
$849,950 Sold
3 months ago
2 bd•1.5 ba•~1,047 sq ft•Single Family
7352 22nd Avenue Nw, Seattle, WA 98117
0%
Over list
—
Days on market
0.7 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
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