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Investment Highlights

  • VISIBILITY AND ACCESS- Frontage on 15th Ave NW with 60k+ Vehicles per day.. 15 minutes to Downtown Seattle. 30 to Bellevue.
  • SECURED YARD AND PARKING- Fenced private yard, dedicated on-site parking, two permitted storage containers
  • DENSE, AFFLUENT TRADE AREA- 223,000 residents within three miles, average household incomes above $153,000, and no Washington State personal income ta
  • TURNKEY AND FULLY RENOVATED- Seven private offices, two conference rooms, two bathrooms, full kitchen, reception lobby and finished open work area.
  • A WHOLE BUILDING, NOT A SUITE- Private entry, no shared common areas. Your own signage, hours, gate and front door.
  • FLEXIBLE II U/125 ZONING- Office permitted as a principal use, with substantial substantial height allowance and long-term redevelopment optionality

Executive Summary

1464 NW 49th Street is a 2,292 square foot, two-story office building on a fenced 3,078 square foot parcel in the heart of Ballard, offered for the first time since a comprehensive renovation was completed.
Turnkey and Fully renovated with seven private offices, two conference rooms, two bathrooms, full kitchen, reception lobby and finished open work area.
Built in 1985 and rebuilt from the inside out since 2021 with nearly $400k in improvements. It has been converted from industrial flex into a turnkey headquarters for a single company — four offices, a conference room, kitchen, bathroom and reception upstairs; three offices, a second conference room, a second bathroom and an open collaborative area with custom millwork below.
It retains a fully fenced and secured yard with on-site parking and two permitted storage containers — the single most difficult element to replace in Ballard today.
Visibility and access, with frontage on 15th Avenue NW at 60,000+ vehicles per day. Fifteen minutes to downtown Seattle, thirty to Bellevue, direct to Highway 99 and I-5.
Flexible II U/125 zoning. Office permitted as a principal use, with substantial height allowance and long-term redevelopment optionality on a designated industrial-innovation corridor.
Sited in a dense and affluent trade area populated by 223,000 residents within three miles with average household incomes above $153,000.

Taxes & Operating Expenses (Actual - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2026) Click Here to Access

Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Office
Building Size
2,292 SF
Building Class
B
Year Built
1985
Price
$1,813,040 CAD
Price Per SF
$791.03 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,146 SF
Building FAR
0.75
Lot Size
0.07 AC
Zoning
II U/125 - II U/125 enables high-value modern industrial, creative production, tech-maker, fabrication, showroom, flex industrial, and limited support commercial
Parking
2 Spaces (0 Spaces per 1,000 SF Leased)
Very walkable
80/100
Fairly drivable
50/100
Good public transit
60/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
276830-1975
Land Assessment
$721,629 CAD (2025)
Improvements Assessment
$702,457 CAD (2025)
Total Assessment
$1,424,086 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026 Payable 2026
  • Listing ID: 41863234

  • Date on Market: 2026-08-11

  • Last Updated:

  • Address: 1464 49th St NW, Seattle, WA 98107

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