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Magnolia Manufacturing Facility 4400 24th Ave W 13,740 SF Industrial Building Seattle, WA 98199 $3,600,000 ($262.01/SF)
INVESTMENT HIGHLIGHTS
- 13,740 SF fabrication and manufacturing facility for sale near Fisherman's Terminal in the Interbay area of Magnolia
- Paint spray booth, air lines, partially sprinklered, clear span warehouse, 2 loading docks
- 10,780 SF corner lot close to Fisherman's Terminal, Discovery Park, Ballard Locks, Vertical World Climbing Gym, numerous breweries & restaurants
- Heavy power throughout with 3-phase power on every wall
- Showroom space, 5+ private offices, breakroom with 3-bay sink, 6 private restrooms, shower, reception area & off-street parking
- Hard to find in-city manufacturing/fabrication facility for sale with potential for Seller Financing
EXECUTIVE SUMMARY
13,740 SF manufacturing building for sale in the Interbay/Fisherman's Terminal area of the Magnolia neighborhood. This well-built manufacturing and fabrication facility is partially sprinklered and features loads of 3-phase power on every wall, a paint spray booth, air lines, 2 loading docks, 2 levels of clear span warehouse space with concrete floors on both levels, interior loading potential with a 2-ton crane, 6 restrooms, shower, a handful of private offices, reception area, break/lunch room and off-street parking. 10,780 SF lot zoned MML U/65. Great location close to Fisherman's Terminal, Vertical World Climbing Gym, Discovery Park, Ballard Locks and lots of breweries & restaurants. Excellent opportunity for an owner-user or investor who realizes the value in the dwindling supply of in-city stand alone fabrication and manufacturing facilities. Seller Financing available for well qualified buyers.
DATA ROOM Click Here to Access
TAXES & OPERATING EXPENSES (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$30,365
|
$2.21
|
| Operating Expenses |
$7,007
|
$0.51
|
| Total Expenses |
$37,373
|
$2.72
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025)
| Taxes | |
|---|---|
| Annual | $30,365 |
| Annual Per SF | $2.21 |
| Operating Expenses | |
|---|---|
| Annual | $7,007 |
| Annual Per SF | $0.51 |
| Total Expenses | |
|---|---|
| Annual | $37,373 |
| Annual Per SF | $2.72 |
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Front Loading
- Security System
- Signage
- Wheelchair Accessible
- Reception
- Storage Space
- Air Conditioning
- Smoke Detector
UTILITIES
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Bike Score®
Very Bikeable (88)
PROPERTY TAXES
| Parcel Number | 277060-6586 | Total Assessment | $3,050,100 (2024) |
| Land Assessment | $1,293,600 (2024) | Annual Taxes | $30,365 ($2.21/SF) |
| Improvements Assessment | $1,756,500 (2024) | Tax Year | 2025 Payable 2025 |
PROPERTY TAXES
Parcel Number
277060-6586
Land Assessment
$1,293,600 (2024)
Improvements Assessment
$1,756,500 (2024)
Total Assessment
$3,050,100 (2024)
Annual Taxes
$30,365 ($2.21/SF)
Tax Year
2025 Payable 2025
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Magnolia Manufacturing Facility | 4400 24th Ave W
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