5943 Martin Luther King Jr Way Seattle, WA 98118

Property Details for 5943 Martin Luther King Jr Way

Year built

1952

Lot size

0.10 lot acres

Property type

Commercial real estate

Description

This exceptional 0.1-acre commercial property located at 5943 Martin Luther King Jr S, Seattle, WA, presents a compelling investment opportunity for discerning buyers. Currently leased to a church, the property is zoned NC2-75 (M), offering significant flexibility for future development and diverse commercial uses. The strategic location on MLK Way ensures high visibility and accessibility, further enhanced by its proximity to light rail. This translates to convenient access for employees, customers, and the wider community. The existing lease provides a stable income stream while allowing for long-term strategic planning. Investors and developers alike will appreciate the potential for significant returns, whether through continued lease income or conversion to alternative commercial ventures. The property's prime location within a thriving area, close to established businesses, guarantees a strong foundation for future growth and profitability. The property's size and zoning regulations provide ample opportunity for expansion or redevelopment, catering to a wide range of commercial uses. This is a rare chance to acquire a well-situated commercial property in a rapidly developing area of Seattle, offering both immediate income and substantial long-term potential. Serious inquiries are encouraged. The asking price is $720,000.