$18,250,000
Est. $92,570/mo5422 Shilshole Avenue Nw, Seattle, WA 98107
• Listed 2025-01-13•163 days on market
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About this home
65,000+ SF building in the heart of Ballard zoned MML U/65 plus a 4,650 SF parking lot across the alley at 5415 Ballard Ave NW zoned NC2P-65. The building was built in 1941 as a hardware store, then converted to a 600-unit mini-storage facility and it's currently used for general warehousing. Fully sprinklered, new 60-mil PVC roof installed in 2023, 20' ceilings on first floor, grade-level and dock-high loading doors, tons of power with a transformer vault on-site, over 300ft of frontage on Shilshole and over 50ft of frontage on Ballard Ave NW. Incredible opportunity for an owner-user or investor to acquire nearly an entire city block in the center of Ballard. Seller Financing offered for well-qualified buyers.
Listed by Lauren Hendricks • Windermere Real Estate Midtown
Listing updated: December 16, 2025 at 02:04pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2321770
Around this home
Schools
Ratings via SchoolDigger- School #241224611Public · Grades K-5 · 0.5 mi · State rank 993 of 1,0008/10
- School #2038402132Public · Grades 6-8 · 9.6 mi · State rank 33 of 1,0004/10
- School #697575214Public · Grades 9-12 · 6.7 mi · State rank 97 of 1,0004/10
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.
Sold comparable homes
5 recent nearby sales, priced between $59K and $399K.
$399,000Last sold price
1545 Nw 57th Street #505, Seattle, WA 98107
$385,000Last sold price
1525 Nw 57th Street #316, Seattle, WA 98107
$130,000Last sold price
1818 Westlake Avenue N #d1, Seattle, WA 98109
Property details
Mortgage payment forecast
$110,821 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Lifestyle
9.5/10
Walker's Paradise
Daily errands do not require a car
9.7/10
Biker's Paradise
Flat as a pancake, excellent bike lanes
5.3/10
Good Transit
Many nearby transit options
Provided by Walk Score
Ask about this home
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Market pulse
Seattle is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 29 days.
Recent sales nearby
Within 1 mile · last 6 months$837,500 Sold
5 weeks ago
3 bd•1.5 ba•~1,913 sq ft•Single Family
2426 B Nw 64th, Seattle, WA 98107
4%
Under list
—
Days on market
0.6 mi
Distance
$2,995 Sold
4 months ago
2 bd•Single Family
840 Nw 54th Street, Seattle, WA 98107
0%
Over list
—
Days on market
0.8 mi
Distance
$1,995 Sold
4 months ago
1 bd•Single Family
5708 8th Avenue Nw, Seattle, WA 98107
0%
Over list
—
Days on market
0.9 mi
Distance
$910,000 Sold
4 months ago
3 bd•2.5 ba•~1,930 sq ft•Single Family
5233 Russell Avenue Nw #a, Seattle, WA 98107
3%
Under list
—
Days on market
0.2 mi
Distance
$1,240,000 Sold
4 months ago
3 bd•1 ba•~2,320 sq ft•Single Family
5608 34th Avenue Nw, Seattle, WA 98107
3%
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.
Want a deeper read on this market?
Ask a RexMont agentMarket data via RentCast · Updated May 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 29, 2026 at 11:26 AM PDT (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.
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