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!
Listing Provided Courtesy of Jeanie Van Amen, John L. Scott, Inc.
General Information
NWM2427483
Multi Family
132
DOM
3593.7 SqFt
4107
1909
Busines
King
Residential Incom
Multi Family
Listing Provided Courtesy of Jeanie Van Amen, John L. Scott, Inc.
Krishna Realty data last checked: Jan 21, 2026 13:26 | Listing last modified Jan 15, 2026 00:40,
Source:
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!
