417 Minor AVE N, Seattle, WA 98109
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417 Minor AVE N, Seattle, WA 98109
417 Minor AVE N, Seattle, WA 98109
417 Minor AVE N, Seattle, WA 98109
417 Minor AVE N, Seattle, WA 98109
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Listed by:John L. Scott, Inc. • Jeanie Van Amen
$ 1,298,000
Est. payment /mo
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417 Minor AVE N Seattle, WA 98109

3 Beds

4 Baths

4,107 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,107 sqft

Price per Sqft $316

Subdivision South Lake Union

MLS Listing ID 2529850

Style 54 - 4-Plex

Bedrooms 3

Year Built 1909

Annual Tax Amount $13,900

Lot Size 3,593 Sqft

Property Sub-Type Multi Family

Property Description

Rare investment opportunity in South Lake Union with existing 4-Plex & mixed use zoning-ideal for owner/user! The property is one of the few remaining residential development parcels in the area, offering a myriad of investment options: retain rentals as residential/business/retail units & potentially add up to 3 townhomes on parking surface area; redevelop site w/ 6 townhome units or denser multifamily project & generate income from existing fourplex while awaiting permits. Vacant land next door also for sale separately: with the two parcels combined, offer even more development opportunities. Feasibility work completed! The area is transformed from a low-rise industrial district into one of Seattle's most dynamic tech, biotech & research hubs. The locality now hosts some of WA's largest employers, including Amazon, Google, Meta, University of Washington Medicine, Fred Hutchinson Cancer Research Center, Seattle Cancer Care Alliance. It is a major center for life sciences and biotech, with state-of-the-art lab campuses. The district also attracts tech startups, venture capital firms, and professional service tech-sector companies. The neighborhood offers desirable work/life balance with a 99 walk score; Market Hall-SLU's neighborhood marketplace-is just a block away with specialty boutique shops, local dining and outdoor common deck. Nearby Transit & I-5 Mercer Street Interchange just a few blocks away. Five on-site parking spaces!

Location

State WA

County King

Area 700 - Queen Anne/Magnolia

Interior

Flooring Ceramic Tile, Hardwood, Softwood, Vinyl, Vinyl Plank

Fireplace false

Exterior

Exterior Feature Metal/Vinyl, Wood

Amenities Available Cable TV, Deck, Fenced-Partially, High Speed Internet

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Alley, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional, Owner Will Carry, Rehab Loan

Listing Terms Cash, Conventional, Owner Will Carry, Rehab Loan


Northwest MLS (NWMLS)

Nearby Locations

Theresa Jump

Theresa Jump

Broker | License ID: 125731

+1(360) 986-0816

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417 Minor AVE N