5050 MARTIN LUTHER KING JR WAY S in Seattle
| Listing ID: | 2544198 (Multi-Family) |
|---|---|
| Listing Price: | $2,500,000 |
| Days on Market: | 86 |
Details | |
| Bed / Bath: | 0.00 / 0.00 |
| Lot Size: | 0.14 acre (6,299 sqft) |
Prime Columbia City LR3 (M) Site — Fully Rented Income Property Outstanding investment opportunity along the MLK transit corridor. This LR3 RC (M)-zoned property sits just blocks from the Columbia City Light Rail Station and is fully rented, providing immediate income while offering strong long-term redevelopment potential. The site features gentle topography, solid solar exposure, and frontage along a major arterial with full sidewalks and light rail transit access. 5 minutes walk Surrounded by single-family, townhome, and multifamily developments, this location supports a wide range of future residential uses. Perfect for investors seeking cash flow now with development upside later in one of Seattle’s fastest-growing urban villages.
This listing is provided courtesy of NWMLS.
Listing Broker: Skyline Properties, Inc.; Carolyn Zheng.