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2600 2634 Thorndyke Avenue West Seattle, WA 98199

$9,250,000
1.11
Acres
25,724
SQFT
360
$/SQFT
$9,250,000
25,724   sf
$360 / sf
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active
1/7
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Opportunities are Abundant! The Magnolia Portfolio offers a new investor the ability to acquire a 5 building assemblage suitable for a value add opportunity located in a core Seattle area. The current arrangement offers 41 residential units plus 2 commercial spaces and a single family house. All together the assemblage represents 48,462 square feet of LR3 (M) zoned dirt. The property is suitable for immediate development as multiple asset types depending on need allowing a new owner to operate the assets "as is" while navigating the permit process to maintain cash flow.

Opportunities are Abundant! The Magnolia Portfolio offers a new investor the ability to acquire a 5 building assemblage suitable for a value add opportunity located in a core Seattle area. The current arrangement offers 41 residential units plus 2 commercial spaces and a single family house. All together the assemblage represents 48,462 square feet of LR3 (M) zoned dirt. The property is suitable for immediate development as multiple asset types depending on need allowing a new owner to operate the assets "as is" while navigating the permit process to maintain cash flow.

  • Neighborhood
    Magnolia
  • Type
    Commercial
  • County
    King
  • Area
    700 - Queen Anne/Magnolia
  • Tax Amount
    $87,742
  • Status
    Active
  • Listing #
    2446245
  • Built
    1947
  • Lot Size
    1.11
  • Listed on site
    11 days

Listed by:
Paragon Real Estate Advisors

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-10-31 18:32:10. DMCA
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Community Features

  • No HOA
  • No Adult Community

Exterior features

  • No Pool
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