417 Minor AVE N new to site

Seattle,WA 98109

$ 1398000

3 Beds

4 Baths

0 SqFt


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

View More
Favorite Go Tour