5305 15th Avenue Nw, Seattle, WA 98107

Seattle
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by: ben douglas, michael urquhart
Office: paragon real estate advisors
MLS#:2589501
Source:NWMLS
5305 15th Avenue Nw,Seattle, WA 98107
$3,400,000
  • 0.29 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$3,400,000

About this home

The Ballard Development Site, a 12,810 square foot corner parcel at 5305 15th Ave NW in Seattle’s Ballard neighborhood. The site sits at the northwest corner of 15th Ave NW and NW 53rd St, one block south of NW Market St, with approximately 100 feet of frontage on 15th Ave NW and 128 feet on NW 53rd St. It is improved with a vacant 2,567 square foot restaurant building constructed in 1971. The property is zoned C1-75 (M), which permits apartments, mixed use, retail, office, live and work, and a range of commercial uses up to a 75 foot height limit. At a 5.5 FAR, the zoning supports approximately 70,455 square feet of floor area. The site is located within the Ballard Regional Center and the Medium MHA fee area. The lot is operated by Diamond Parking under a month to month revenue sharing agreement that generates monthly income to ownership. The parking income offsets a portion of the carry while a buyer completes design and permitting, and the month to month term allows the site...

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Home facts

  • Subdivision & Development:Ballard
  • Listing ID #:2589501
  • Updated:October 10, 2026 at 11:18 AM

Structure and exterior

  • Lot area:0.29 Acres

Utilities

  • Water:Available
  • Sewer:Available

Finances and disclosures

  • Price:$3,400,000
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