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2611 S Dearborn St
Seattle, WA 98144
Former Paramount Health and Rehabilitation · Health Care Property For Sale
·
160 Beds
PROPERTY FACTS
ABOUT 2611 S DEARBORN ST , SEATTLE, WA 98144
Former Paramount Health and Rehabilitation Center - 100% Vacant This property is in receivership and the court has ordered a sale. This 1.39A site in popular Seattle development area is zoned LR2, multi-family zone, located in the 23rd and Jackson-Union Urban Village. It qualifies for elimination of zoning required parking. Close to Seattle CBD, good public transportation and light rail and easy access to freeways. The new Peter-Judkins light rail station, scheduled to open in 2023, is .4 mi from subject. There are at least three pools of buyers: Developer for 50 - 55 townhome community; Developer to repurpose 3+ story building into 100+ small apartments (existing plumbing and bathrooms to 125 rooms). Or a repurpose to some form of community or adult living. Price includes over $750K worth of FF&E/personal property. Priority will be given to shorter inspections and shorter close dates. Receiver prefers offers submitted in LOI format.
ROOM MIX INFORMATION
| DESCRIPTION | NO. BEDS |
|---|---|
| - | 0 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $6,688,100 | |
| Land Assessment | $6,694,800 | Total Assessment | $13,382,900 |
PROPERTY TAXES
