Ballard Market Street Add-Value for Sale
Pivot from redevelopment or consider this great value-add
mixed-use Ballard building as a 1031 option. The Kress
Building presents a chance to acquire a high-quality asset on
Market Street, featuring a combination of retail, office, and
creative spaces. all ideally suited for this particular
submarket. The seller's ongoing improvements has exceeded
$600k in the past year, encompassing the establishment of new
retail space on Market Street, seven micro loft office suites,
plumbing and electrical enhancements, as well as the addition
of new entrances on both northwest Market Street and northwest
56th Street. This property grants investors the ability to
self-manage while enjoying a stable income, with further
potential for value appreciation through leasing the remaining
vacancies and enhancing the aesthetic appeal of shared areas.