5907 Martin Luther King Jr Way S, Seattle

$12,000,000

Listing Office: Heartland LLC.

0 Bed
0 Bath
1.87 Acres
0 Garage

The Owner is selling ~81,544 SF of land (a portion of parcel #2224049028), including a 10,400 SF office building completed in 2015. The parcel is zoned NC2-75 (M). The Owner seeks to retain approximately 16,000 land SF of the westernmost portion of the current 97,544 SF parcel, including the westernmost building (outlined in yellow in most of the attached graphics). NC2-75 (M) zoning allows various commercial and residential uses. Residential multifamily or townhomes are likely the highest and best use. Preliminary yield studies indicate that the Site could accommodate 295 multifamily units or 57 townhomes utilizing all for-sale land.

Essential Information
MLS® #2153442
Price$12,000,000
Bathrooms0.00
Acres1.87
TypeLand
Sub-TypeLand
StatusActive
Community Information
Area380 - Southeast Seattle
SubdivisionHillman City
CitySeattle
CountyKing
StateWA
Zip Code98118
Address

5907 Martin Luther King Jr Way S

School Information
DistrictSeattle
Additional Information
Days on Market254
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Listing information last updated on May 1st, 2024 at 2:29pm CDT.