MLS #2544198 / Listing provided by NWMLS & Skyline Properties, Inc..
$2,500,000
5050 MARTIN LUTHER KING JR WAY S
Seattle,
WA
98118
Sq Ft
Per Sq Ft
Year Built
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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
- Possible Bedrooms: 4
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: Yes
Parking
- Garage Spaces: 0
- Parking Total: 9
- Total Uncovered Parking Spaces: 9
Structure
- Roof: Built-Up
- Exterior Features: Wood
- Foundation: Block
Lot Details
- Lot Features: Value In Land
- Acres: 0.1446
- Foundation: Block
Schools
- High School District: Seattle
- High School: Franklin High
- Middle School: Aki Kurose
- Elementary School: M L King Elem
Lot Details
- Lot Features: Value In Land
- Acres: 0.1446
- Foundation: Block
Power
- Energy Source: Natural Gas
- Power Company: Seattle city light
Water, Sewer, and Garbage
- Sewer: Sewer Connected
- Water Source: Public
- Water, Sewer, and Garbage: 0
Key2See Team
Broker | REALTOR®
Send Key2See Team an email