5305 15th Avenue NW, Seattle, WA 98107 (MLS # 2589501)
Twitter
Facebook
Email|
Listing provided courtesy of Northwest MLS; Paragon Real Estate Advisors
|
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 to be cleared for construction with no lease to buy out. No design, permitting, or pre submittal work has been started. The seller has not researched the zoning or completed any feasibility work, and a buyer is to confirm floor area, unit count, MHA obligations, and all development assumptions with the Seattle Department of Construction and Inspections.
| LAST UPDATED | 10/1/2026 | TRACT | Ballard |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Ballard |
| COUNTY | King | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| ADDITIONAL DETAILS | |
| AREA | 705 - Ballard/Greenlake |
|---|---|
| HEAT | None |
| LOT | 0.2941 acre(s) |
| MLS STATUS | Active |
| STYLE | 43 - Comm/Industrial |
| SUBDIVISION | Ballard |
| UTILITIES | Electricity Available, Natural Gas Available, Sewer Available |
| ZONING | See Remarks |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
| / | |
Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 10/2/26 7:06 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
DMCA Notice
This IDX solution is (c) Diverse Solutions 2026.