3300 Martin Luther King Junior Way S - Auto Repair FOR SALE


Seattle, WA 98144- Columbia City
$1,150,000 USD
425-453-4545
3300 Martin Luther King Junior Way S, Seattle, WA for Sale
$1,150,000 USD
Auto Repair - FOR SALE
1/3
null | Request Cap Rate

3300 Martin Luther King Junior Way S
Seattle, WA 98144
Columbia City


HIGHLIGHTS

  • Corner lot with high visibility near Mount Baker Station
  • Surrounded by national retailers and schools
  • Strong income and population demographics within 5 miles
  • Two contiguous parcels offering redevelopment flexibility
  • Located in a high-demand urban corridor with transit access
  • Ideal for owner-user or long-term investment strategy

OVERVIEW

Positioned in the heart of Seattle’s dynamic Martin Luther King Jr Way corridor, 3300 MLK Jr Way S presents a rare opportunity for owner-users and investors alike. This 2,376-square-foot building sits on a prominent 0.16-acre corner lot, offering exceptional visibility and direct access to major transit routes, including the nearby Mount Baker Light Rail Station. The property’s strategic location places it within walking distance of national retailers such as CVS, Safeway, McDonald’s, and Lowe’s, as well as educational institutions like Franklin High School and Kimball Elementary. The surrounding area is experiencing strong demographic growth, with a population of over 433,000 within a five-mile radius and median household incomes exceeding $130,000. These trends underscore the long-term value potential for redevelopment or continued use. Whether repositioned for retail, service, or mixed-use, the site’s proximity to Rainier Avenue S and other arterial roads enhances its connectivity to downtown Seattle, Bellevue, and the broader King County region. With two parcels included (1282300460 and 1282300450), the property offers flexibility for future expansion or reconfiguration. Investors seeking to capitalize on Seattle’s urban momentum will find this asset well-suited for a variety of uses. All tours must be coordinated through the listing broker, and interested parties are advised not to approach the current tenant.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$448 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

-

APN/PARCEL ID

128230-0450,128230-0460

ASK ABOUT THIS PROPERTY

Ryan AmosColliersMore Info
425-453-4545

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Ryan AmosColliersMore Info
425-453-4545

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.