La Hacienda | Seattle (Ballard), WA
THE VARA GROUP & THE DINIUS-WARSINSKE MULTIFAMILY GROUP are pleased to present 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.
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Property Overview
- Address: 5425 Ballard Ave NW, Seattle, WA 98107
- Rentable Building Area: 7,590 SF
- Price Per Square Foot: $599.47
- Retail SF: 4,010 SF
- Residential SF: 3,580 SF
Investment Highlights
- Exceptionally Located
- High Barrier to Entry
- Strong Historical Occupancy
- Low Vacancy Submarket
- Strong Demographics
- Vibrant Urban Locale