Neighborhood Laundromat Retail
For Sale
$200,000
115-7101 Martin Luther King Jr Way S, Seattle, WA 98118
Operating laundry facility in a shopping center with commercial equipment, parking, and proximity to homes, shops, restaurants, and transit.
Property SizeContact for details
Days on Market9
Property Features for 115-7101 Martin Luther King Jr Way S
General Information
Standard status
Active
Property subtype
Business Opportunity
Additional Details
Business Included
Yes
Listing Agency:
Dove Realty, Inc.
Listed By:
Tom Ngo
(425) 271-7727
Source:
Exprealty
Added: Aug 26
Changed: Sep 1
Last Checked: Sep 2 at 6:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dove Realty, Inc.
Investment Insights
Based on property information with market context.
This retail property is configured as an operating laundromat within the King Plaza Shopping Center. The facility includes commercial washers and dryers and is described as clean, organized, and straightforward to operate. The sale includes the established coin-laundry business, providing an existing retail operation rather than vacant space.
The property serves a South Seattle setting near residential neighborhoods, local businesses, apartments, restaurants, and other retail shops. Public transit is nearby, and parking is available at the shopping center. The surrounding mix of housing and commercial activity supports the facility’s everyday-service orientation. Additional services identified for the business include wash-and-fold, commercial accounts, pickup and delivery, vending, and digital payment systems.
The property serves a South Seattle setting near residential neighborhoods, local businesses, apartments, restaurants, and other retail shops. Public transit is nearby, and parking is available at the shopping center. The surrounding mix of housing and commercial activity supports the facility’s everyday-service orientation. Additional services identified for the business include wash-and-fold, commercial accounts, pickup and delivery, vending, and digital payment systems.
Key Highlights
- Operating coin‑laundry business in King Plaza Shopping Center
- Commercial washers and dryers are in place
- Parking available within the shopping center
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,162
Businesses Nearby
Explore this area
Business Placement
Demographics for 98118, WA
47,504
Population
19,831
Households
2.4
Avg Household Size
38
Median Age
49%
College-Educated
90%
High-School Grad
6.2 sq mi
ZIP Area
7,662
Density / Sq Mi
$109,085
Median Household Income
$54,827
Median Earnings
$1,831
Median Rent
$746,400
Median Home Value
Market
Vacancy Rate% for Retail in Seattle, WA
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Frequently Asked Questions
What type of property is this?
Retail space - Operating laundry facility in a shopping center with commercial equipment, parking, and proximity to homes, shops, restaurants, and transit.
Where is this retail space located?
The property is located at 115-7101 Martin Luther King Jr Way S Seattle, WA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Operating coin‑laundry business in King Plaza Shopping Center; Commercial washers and dryers are in place; Parking available within the shopping center
