820-832 NW Market Street
Land | 16,400 SqFt
Marketing description
This Offering Memorandum presents an exclusive opportunity to acquire a shovel-ready, permitted townhome development site at 820-832 NW Market Street in Seattle's highly sought-after Ballard neighborhood. The assemblage comprises four parcels positioned along Ballard's primary retail and lifestyle corridor, entitled for 24 townhome units across a mix of traditional townhouse and live/work configurations.
This offering presents investors and developers with a rare chance to control scale on Ballard's primary retail corridor with meaningful permitting progress and strong projected exit pricing. New construction townhomes in Ballard are trading at $850,000-$1,050,000 per unit, with pricing at $640-$700 PSF, positioning this project for strong investment returns in one of Seattle's most resilient for-sale housing markets.
Investment highlights
- 24 PERMITTED TOWNHOME UNITS with a mix of traditional and live/work configurations.
- SHOVEL-READY STATUS — demolition permits in hand with a defined pathway to construction permits.
- LOCATED WITHIN THE BALLARD HUB URBAN VILLAGE supporting long-term density and value appreciation
- WALKABLE NW MARKET STREET FRONTAGE with immediate access to retail, transit, parks, and employment centers.
- NEW CONSTRUCTION TOWNHOMES in Ballard achieving ~$850K–$1.05M per unit pricing.
- COMPLETE DUE DILIGENCE PACKAGE AVAILABLE including plans, environmental reports, surveys, and construction budget.
- DEDICATED PARKING ACCESS FROM REAR EASEMENT — a key differentiator for Market Street product.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
