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2600 - 2634 Thorndyke Avenue W

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2600 - 2634 Thorndyke Avenue W

2600 2634 Thorndyke Ave W, Seattle, WA 98199
Retail,Multi-Family,Land For Sale Available Built 1964 2 floors Zoning: LR3 (M)
Asking Price
$9,250,000
Total Building25,724 SF
Available25,724 SF avail
Land48,352 SF land
Parking Total20
& Uncov.
MarketQueen Anne/Magnolia
CountyKing

Read Overview
Contact the Muljat Team about this listing.

Overview

Property ID
305304
Listing ID
704073
Type
Multi-Family
Asset Class
Retail,Multi-Family,Land
Zoning
LR3 (M)

Description

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.

Listing Courtesy of:

BP
Brian Platt
Paragon Real Estate Advisors
600 University St., Ste. 2018,
Seattle, WA 98101-1176
State: WA City: Seattle ZIP: 98199 Type: For Sale

Commercial Listings
Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.