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November 23, 2022

Ballard property sells for $6M, with apartments still planned next door

Real Estate Editor

Rendering by Skidmore Janette Architects [enlarge]
The two small buildings at left changed hands, while the seller retained the future apartment development site (right).

A pair of Ballard buildings at 5401 - 5105 Leary Ave. N.W. just sold for $6 million, according to King County records. The seller was PV + SJ Leary Ave LLC, which is associated with architect Skidmore Janette and Pilot Ventures. They acquired the two-story duo, plus the west parking lot, in 2018 for $7.2 million. The parking lot wasn't part of this week's deal; and a separate new apartment building is planned there.

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