417 Minor Avenue N
Seattle, WA 98109· South Lake Union
Sold
$1,205,000
Listed: $1,298,000
▼ $93,000 below asking
Sale date: Jun 7, 2026
MLS# NWM2531426
0.0825
Acres
116
Days on Market
About This Home
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! 5% Rental Cap!
Listing Updated: Jul 23, 2026, 1:47 PM UTC
Photos Updated: May 28, 2026
OnSite last checked: Sep 18, 2026, 1:35 AM UTC|Source: NWMLS as Distributed by MLS Grid #NWM2531426
Listing provided courtesy of Northwest MLS. Information contained herein is derived from different sources but has not been independently verified by OnSite Real Estate Group, MLS Grid, or the MLS, and should be verified by the buyer. Open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting the information.
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Listed By
Bought With
Tan Pham
COMPASS
Questions? Contact OnSite
André Bohall
WA Lic. #25031564 · OnSite Real Estate Group
Listing data provided by NWMLS as distributed by MLS Grid. Data last refreshed: Sep 18, 2026, 1:35 AM UTC.
Based on information submitted to the MLS Grid as of Fri, Sep 18, 2026. All data is obtained from various sources and may not have been verified by broker or MLS Grid. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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