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About the Listing 6040 - 52058
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!
Listing Highlights
Status
Active
Days on Site
-1
Property Type
Multi-Family
MLS ®
2529850
Year Built
1909
Total Square Footage
4,107
Lot/Acreage
0.08
County
King
Building Name
Fairview Homestead Assn
Neighborhood
South Lake Union
School District
Seattle
Interior Details
- Bedrooms: 3
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Ceramic Tile,Hardwood,Softwood,Vinyl,Vinyl Plank
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Seattle Public Utilities
Exterior Details
- Lot Description: Alley,Curbs,Paved,Sidewalk,Cable TV,Deck,Fenced-Partially,High Speed Internet,Zoning: Business,Multi-Family,Office,Residential,Retail,See Remarks
- Garage Capacity: N/A
- Parking Spaces: 5
- Zoning: Business,Multi-Family,Office,Residential,Retail,See Remarks
- Roof: Composition
- Others: Metal/Vinyl,Wood
- Sewer: Seattle Public Utilities
Financial Details
- Tax Amount: $13,901
- Taxes w/Assessments: N/A
- Tax/Property ID: 2467400155
- Tax Year: 2025
Payment Calculator
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Questions About..
417 Minor Ave N Seattle, WA 98109
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