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Listed by John L. Scott, Inc.
$1,398,000
Est. payment /mo
3 Beds
4 Baths
3,593 Sqft Lot
Active
417 Minor AVE N Seattle, WA 98109
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Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision South Lake Union
MLS Listing ID 2429924
Style 60 - Comm Bldg Und 10K
Bedrooms 3
Year Built 1909
Annual Tax Amount $13,642
Lot Size 3,593 Sqft
Lot Dimensions 30x119
Property Sub-Type Commercial Industrial
Property Description
Rare investment opportunity in South Lake Union w/ existing 4-Plex & mixed use zoning-ideal for owner/user! Located in Seattle's tech-sector neighborhood, property is one of the few remaining residential development parcels in the area, offering a myriad of 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: with the two parcels combined, offer even more development opportunities. The neighborhood offers desirable work/life balance with a 99 walk score & nearby transit & I-5. 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
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, Rehab Loan
Listing Terms Cash Out, Conventional, Rehab Loan
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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