About 2600 2634 Thorndyke Avenue W
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.
Features of 2600 2634 Thorndyke Avenue W
| MLS® # | 2446245 |
|---|---|
| Price | $9,250,000 |
| Price Per SqFt | $360 |
| Bathrooms | 0.00 |
| Square Footage | 25,724 |
| Acres | 1.11 |
| Year Built | 1947 |
| Type | Income |
| Sub-Type | Multi-Family |
| Status | Active |
Community Information
| Address | 2600 2634 Thorndyke Avenue W |
|---|---|
| Area | 700 - Queen Anne/Magnolia |
| Subdivision | Magnolia |
| City | Seattle |
| County | King |
| State | WA |
| Zip Code | 98199 |
Amenities
| Parking Spaces | 20 |
|---|---|
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 4 |
Exterior
| Exterior Features | Cement/Concrete, Wood Products |
|---|---|
| Foundation | Poured Concrete |
School Information
| District | Seattle |
|---|
Additional Information
| Days on Market | 2 |
|---|---|
| Cumulative Days on Market | 2 |
| Days on Website | 2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Paragon Real Estate Advisors |
|---|