If you live in Ballard, you’ve likely seen the Mars Hill mega church that sits directly across from the Trader Joe’s store. Reported in the Puget Sound Business Journal today, the church bought the property for $4.8 million in 2003, and keeping it within faith-devoted family, just sold it to local church Quest for $9 million. The Ballard location was the most valuable of 15 the locations the church owned across 5 states.
Additionally Mars Hill is selling their 40,000-sf corporate facility at 1411 N.W. 50th Street, as well as their Sammamish building which offers 30,000-sf and around two-acres of land. Both properties asking price is $6.9 million and with Seattle’s real estate industry booming, these properties are catching the interest of retail and office developers.