Property Details
2600 Thorndyke Ave W
Seattle, WA 98199
$6,225,000
Available
CBA# 709171 courtesy of CBA
Listing firm: Paragon Real Estate Advisors
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Property Overview
The Magnolia Assemblage offers a new investor the ability to acquire a 3 building portfolio suitable for a value-add opportunity located in a core Seattle area. The current arrangement offers 31 multi-family units plus a single family house. All together the assemblage represents 34,262 square feet of LR3 (M) zoned dirt suitable for a development of +/- 30 townhouses.
Property Details
Property Information
Property Type
Commercial Sale
Status
Available
County
King
Listed
Apr 14, 2026
Financial Summary
Cap Rate
6.00%
Building & Use
Building Sq Ft
17,406
Total Units
31
Zoning
LR3 (M)
Possible Use
Multi-Family,Land
Year Built
1967
Exterior & Lot
Year Built
1967
Location
City
Seattle
County
King
Coordinates
47.64360, -122.38400
