$4,800,000
Est. $24,804/mo5505 24th Avenue Nw, Seattle, WA 98107
• Listed 2026-08-12•19 days on market
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A rare opportunity to acquire a prominent 10,667-square-foot corner parcel in the heart of Seattle's highly desirable Ballard neighborhood. Zoned NC3P-75 (M), the property offers exceptional long-term redevelopment potential for a mixed-use project with street-level commercial uses and residential units above. The existing gas station has ceased operations, and the property is currently occupied by two food trucks providing interim income of $2000 per month. Tenant is on a MTM basis.. The site is being marketed primarily for its underlying land value and redevelopment potential rather than its existing improvements. Situated within Seattle's Urban Village growth area, the property benefits from excellent visibility, strong demographics, high walkability, and proximity to Market Street, Ballard Avenue, the Salmon Bay waterfront, Golden Gardens, and numerous retail, restaurant, and neighborhood amenities.
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5505 24th Avenue Nw, Seattle, WA 98107
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of August 16, 2026 at 06:58pm (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by Bob Johnson • George W Johnson Realty
Listing updated: August 16, 2026 at 06:58pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2539955
Open Sun, Sep 6
Open Sun, Sep 6
Open Sun, Sep 6 +2
Open Sun, Sep 6Seattle 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 8 days.
$825,000 Sold
2 days ago
3 bd•3.25 ba•~1,620 sq ft•Single Family
1118 Nw 56th Street #a, Seattle, WA 98107
6%
Under list
—
Days on market
0.8 mi
Distance
$10,800,000 Sold
2 months ago
•Single Family
1433 Nw 64th Street, Seattle, WA 98107
3%
Over list
—
Days on market
0.7 mi
Distance
$729,000 Sold
2 months ago
2 bd•2 ba•~1,209 sq ft•Single Family
945 Nw 61st Street, Seattle, WA 98107
0%
Over list
—
Days on market
0.8 mi
Distance
$4,300,000 Sold
2 months ago
•Single Family
2418 Nw 57th Street, Seattle, WA 98107
10%
Under list
—
Days on market
0.1 mi
Distance
$1,100,000 Sold
2 months ago
3 bd•3.25 ba•~1,721 sq ft•Single Family
1139 Nw 57th Street, Seattle, WA 98107
5%
Under 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 Sep 2026
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.