417 Minor Avenue N Seattle, WA $ 1,398,000
417 Minor Avenue N
$ 1,398,000
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417 Minor Avenue N

Seattle, WA, 98109
$ 1,398,000
Bedrooms-- Baths--

Monthly Estimate*

$ 8,722

Listed by John L. Scott, Inc.
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Commercial Property for sale in Seattle, WA

for $1,398,000. This building was built in 1909 on a lot size of 0.0825.

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!

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Commercial Active

Price

$ 1,398,000

Property Type

Commercial

Taxes

$ 13,642

Style

Comm Bldg Und 10K

Lot Size

0.0825

Year Built

1909

Town/City

Seattle

County/Region

King

MLS | Web ID

2429924

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard Wall Unit(s)
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1909
Topography Level
Property Subtype Commercial Industrial
Tax Year 2024
County King
Net Operating Income 66600
Insurance Expense 4326
Property Type Commercial Sale
HOA N
Subdivision Name South Lake Union
Possible Use Business Multi-Family Office Residential Retail See Remarks
Building Features Storage
Special Listing Conditions None
Status Active
Directions GPS
City Seattle
Senior Community Y/N N
Zoning Description Business Multi-Family Office Residential Retail See Remarks
Number Of Units Total 4
MLS Area 700 - Queen Anne/Magnolia
Lot Size Units Square Feet
Lot Size Square Feet 3593
Carport Y/N N
Listing Terms Cash Out Conventional Rehab Loan
Tax Annual Amount 13642
Electric Expense 940
Fuel Expense 0
Public Remarks 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 resident
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Water Company Seattle Public Utilities
Water Sewer Garbage 3391
Property Style 60 - Comm Bldg Und 10K
Cap Rate 4.8
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Exterior
Exterior Amenities Metal/Vinyl Wood
Water Source Public
Total Parking 5
Foundation Details Poured Concrete Slab
Building Area Total 0
Lot Dimensions 30x119
Lot Size Acres 0.0825
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Frontage 30
Parking Uncovered Total 5
Lot Number 8
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Interior
Flooring Ceramic Tile Hardwood Softwood Vinyl Vinyl Plank
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2429924
Street Number 1 417
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* Excluded Features
List By
Jeanie Van Amen

Listing Agent

John L. Scott, Inc.

Broker

Affordability Calculator

$9,859
Per Month
88%
12%
0%
Monthly Principal & Interest
$8,722
Monthly Property Taxes
$1,137
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/5/2025$1,398,000 Listed Price

Map


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417 Minor Avenue N, Seattle, WA, 98109 is a Commercial Property for sale at $1,398,000 with a lot size of 0.0825. 417 Minor Avenue N was built in 1909. The property's zip code is 98109 which is in Seattle, WA