- For Sale $1,700,000
- Property Type Retail - Street Retail
- Property Size 1,722 SF
- Units 1
- Lot Size 0.05 Acre
- Property Tenancy Single Tenant
- Building Class C
- Year Built 1900
- Date Updated May 16, 2026
Description
Positioned in one of Seattle’s most desirable neighborhoods, CUMBRE BUILDING is a wood framed brick, free-standing, character-rich property sitting on the prime corner of Ballard Avenue NW and NW Vernon Place, offering investors a rare opportunity to own a prize investment property located within the Ballard Hub Urban District and Ballard Avenue Landmark District. Situated on a prominent corner and surrounded by thriving restaurants, boutiques, breweries, and creative offices, this location benefits from strong foot traffic, excellent visibility, and longterm growth potential. Boasting a “Walker’s Paradise” Walk Score of 94, the
property offers close proximity to Swedish Hospital - Ballard campus, and iconic sites like Ballard Locks and Golden Gardens Park. Ballard continues to attract a dynamic mix of professionals, locals, and tourists year-round.5239 Ballard Ave is a 1,722 SF fully leased, well-maintained restaurant property in exceptional condition. Thoughtfully updated and meticulously cared for, this building reflects true pride of ownership - with no deferred maintenance and systems in excellent working order. The single tenant NNN leased property is currently occupied by Lupe’s Situ Tacos, with a long-term lease in place. The classic brick building features prime Ballard Avenue corner frontage, high exposed wood ceilings, exposed brick walls, Type 1 hood, full bar, HVAC, and outdoor street patio. The Building underwent “substantial-alterations” with seismic, energy code, and ADA upgrades completed in 2011.
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Contacts
Laura Miller
Gibraltar Investment Property Solutions
Location
Located at 5239 Ballard Ave NW, Seattle, WA 98107, this property is part of the Ballard neighborhood and Seattle market.
Contact Listing Broker
Laura Miller
Gibraltar Investment Property Solutions