1401 NW Leary Way
Industrial | 40,445 SqFt
Marketing description
Cushman & Wakefield is exclusively offering for sale 1401 NW Leary Way (the "Property"). This rare industrial ownership opportunity is located in the heart of Seattle's Ballard neighborhood—an area celebrated for its industrial legacy and ongoing commercial vitality. Situated on a 1.29-acre site, the Property features a 40,445 square foot building ideally suited for an owner-user seeking a strategic, long-term operational base.
With excellent access to major transportation corridors and urban amenities, the location supports a wide range of industrial uses. Prominently positioned at the high-traffic intersection of NW Leary Way and 15th Ave NW, the Property offers exceptional visibility and logistical convenience. Its existing infrastructure and flexible layout make it well-suited for light manufacturing, warehousing, distribution, or a hybrid industrial-office operation. 1401 NW Leary Way presents unmatched potential in one of Seattle's most dynamic urban hubs.
Investment highlights
- Strategic Corner Location - Prominent site in the heart of Ballard with excellent visibility and seamless access to major arterials connecting Fremont, Interbay, and downtown—ideal for customer-facing or logistics-driven operations.
- Strong Demographics - Within a 3-mile radius, the area supports over 240,000 residents with a median household income exceeding $120,000, providing a robust workforce and customer base.
- Transit & Connectivity - Excellent access to public transportation, just 18 minutes to the Port of Seattle and 34 minutes to Sea-Tac Airport. Located minutes from the Ballard Bridge, providing direct arterial access to downtown Seattle and key industrial corridors.
- Limited Supply in Ballard - Industrial buildings for sale in the Ballard submarket remain extremely scarce, with most inventory held long-term by owner-users or institutional investors.
- Flexible Zoning with Growth Potential - MML (Maritime and Manufacturing/Logistics) zoning supports a wide range of industrial and production uses, while the Urban Village overlay allows for increased development intensity and proximity to transit and workforce housing.
- 65-Foot Height Limit - Offers potential for vertical expansion, mezzanine buildouts, or future adaptive reuse.
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