Edward Krigsman
Windermere Real Estate Co.
Property Information
MLS #: 2047777
Listing Price: $1,750,000
Original Price: $1,995,000
Status: Cancelled
Status Date: October 16, 2023
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County: King
Area: 705 - Ballard/Greenlake
Community: Ballard
CDOM: 203
DOM: 203
General Information
Property Type: Commercial
Property Sub Type: Commercial Industrial
Yr Built: 1930
Lot Size: 0.116 ac/5,040 sf
Lot Size Src: Realist
Directions: Just west of Stone Way. NE Corner of 40th and Whitman Ave North in Wallingford.
Unusual development/adaptive reuse opportunity in lively Fremont/Wallingford, one block from Rte 99 transit: grand 8352 SF 1930 building by listed Swedish-born architect John Alfred Creutzer. Vaulted ceilings, majestic spaces. Capitalize on RSL upzoning to build up to 4 townhomes + ADUs on the 5040 SF corner lot. Permitted FAR of 0.75 could stretch to 2.72 by adding 1520 SF underground garage, 4370 SF roof terrace unlocking panoramic Lake Union views. Total potential development SF 13642. Or salute the building’s colorful history – it was once a church, later a puppet theater – by reviving as community center or event venue. Buyer to verify all facts.
Agent/Office Information
Compensation: 2.75
Compensation Type: %
Listing Information
TaxID: 1931300185
Ann Taxes: $9,940
Tax Year: 2023
Zoning: City
Snr Expt:
Form 17: Provided
Possession: Closing
Terms: Cash Out, Conventional, and See Remarks
First Refusal: No
Auction: No
Bank/REO: Yes
Prlm Ttl:
3rd Prty: None
Building/Site Information
Style Code: 60 - Comm Bldg Und 10K
Bld Cond: Fair
Roof: Composition and Flat
Foundation: Poured Concrete and Slab
Exterior: Metal/Vinyl, Stone, and Wood
Sewer: Sewer Connected
Energy Src: Electric and Natural Gas
Gen Zone: Multi-Family and Residential
Topography: Sloped
Business Information
Site Frontage: 120
Lot Depth: 41
Update History
Original Price: $1,995,000
Current Price: $1,750,000
Price Change: $-245,000

Interior Information
Heat/Cool: Forced Air
Floor Cover: Concrete and Fir/Softwood
Utility Information
Bus Line:
Power Co: Seattle City Light
Water Src: Public
Water Co: Seattle Public Utilities
Manufactured Home Information
Free & Clr: Yes