927 NW 57th St, Seattle, WA 98107 For Sale

Permit-ready 26-unit apartment development | Ballard urban village

Exceptional opportunity to acquire a fully entitled, permit-ready multifamily development in one of Seattle’s most desirable rental submarkets. Located at 927 NW 57th St in the Ballard Urban Village, this approved 26-unit apartment project is zoned LR2 (M1) and benefits from zero parking requirements, delivering meaningful cost savings and improved project feasibility.

The approved plans call for a 4-story plus basement, Type V-A construction building featuring an efficient micro-unit / SEDU program optimized for strong rent-per-square-foot performance. Unit sizes range approximately 225–330 square feet, each designed to meet or exceed Seattle code requirements for habitable space and storage. The project includes indoor bike storage, shared outdoor amenity space, and thoughtfully integrated landscaping.

Design Review and all SDCI permit corrections have been completed, with construction documents approved and ready to issue. MHA requirements have been satisfied on-site NO MHA FEE**, eliminating future affordability uncertainty. The architectural design features articulated façades, projecting bay windows, durable exterior materials, and residential-scaled massing that integrates seamlessly with the surrounding neighborhood.

Situated near transit, major employment centers, restaurants, retail, and everyday amenities, this offering presents a rare opportunity for developers or investors seeking a shovel-ready, low-entitlement-risk apartment project in a high-demand Ballard location. All plans, approvals, and due diligence materials available upon request.