Pivot from redevelopment and 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 in Seattle's Ballard neighborhood, featuring a combination of retail, office, and creative spaces. All ideally suited for this particular submarket. The seller's improvements have exceeded $600k, 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

Mixed-Use