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5440 Leary Ave NW - Canal Station 5,331 SF Office Condo Unit Offered at $2,450,000 in Seattle, WA 98107



Executive Summary
Ayers Commercial Group is pleased to present the rare opportunity for an owner-user to purchase commercial property in Ballard for their business. Occupy a portion of the property, collect rental income from the occupied spaces, stop paying rent, and build equity! Seller financing available for qualified buyers. Options for an owner-user include: 1) Occupy the vacant 1,052 square foot former Edward Jones office, or 2) Occupy the 1,752 square foot, newly-remodeled tech office, or 3) Occupy 2,804 square feet, of noncontiguous space.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User |
| Sale Type | Owner User |
Description
Ayers Commercial Group is pleased to present the rare opportunity for an owner-user to purchase commercial property in Ballard for their business. Occupy 1,752 square feet of office space, collect rental income from the occupied spaces, stop paying rent, and build equity! Seller financing available for qualified buyers. Vacant suite is a newly-remodeled former tech office, layout includes large open area, kitchenette, and conference room.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit C-1 | 5,331 SF | Office | $2,450,000 ($459.58/SF) | - |
Unit C-1
| Unit Size |
| 5,331 SF |
| Condo Use |
| Office |
| Price |
| $2,450,000 ($459.58/SF) |
| NOI |
| - |
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Unit C-1
| Unit Size | 5,331 SF |
| Condo Use | Office |
| Price | $2,450,000 ($459.58/SF) |
| NOI | - |
| Sale Type | Owner User |
| Description | |
| Ayers Commercial Group is pleased to present the rare opportunity for an owner-user to purchase commercial property in Ballard for their business. Occupy 1,752 square feet of office space, collect rental income from the occupied spaces, stop paying rent, and build equity! Seller financing available for qualified buyers.  Vacant suite is a newly-remodeled former tech office, layout includes large open area, kitchenette, and conference room.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 167,747 SF | Floors | 5 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 48,237 SF |
| Property Subtype | Apartment | Year Built | 2007 |
| Building Class | B | Lot Size | 1.07 AC |
| Zoning | C165 | ||
| Total Building Size | 167,747 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 5 |
| Typical Floor Size | 48,237 SF |
| Year Built | 2007 |
| Lot Size | 1.07 AC |
| Zoning | C165 |
Amenities
Site Amenities
- Business Center
- Courtyard
- Fitness Center
- Pool
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 174 | - | - |
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Exceptionally walkable
100/100
Fairly drivable
40/100
Good public transit
60/100
Moderately bikeable
60/100
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Kenna Media |
-
|
Jan 0000
|
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Contact the Sale Advisor
5440 Leary Ave NW - Canal Station
