MLS #2529850 / Listing provided by NWMLS & John L. Scott, Inc..
$1,298,000
417 Minor Avenue N
Seattle,
WA
98109
Sq Ft
Per Sq Ft
Year Built
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!
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Garage Spaces: 0
- Parking Total: 5
- Total Uncovered Parking Spaces: 5
Structure
- Roof: Composition
- Exterior Features: Metal/Vinyl, Wood
- Foundation: Poured Concrete, Slab
Lot Details
- Lot Features: Alley, Curbs, Paved, Sidewalk
- Acres: 0.0825
- Foundation: Poured Concrete, Slab
Schools
- High School District: Seattle
Lot Details
- Lot Features: Alley, Curbs, Paved, Sidewalk
- Acres: 0.0825
- Foundation: Poured Concrete, Slab
Power
- Energy Source: Electric
- Power Company: Seattle City Light
Water, Sewer, and Garbage
- Sewer Company: Seattle Public Utilities
- Sewer: Sewer Connected
- Water Company: Seattle Public Utilities
- Water Source: Public
- Water, Sewer, and Garbage: 3478.7
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