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3300 Martin Luther King Junior Way S 2,567 SF Retail Building Seattle, WA 98144 $1,150,000 ($447.99/SF)



INVESTMENT HIGHLIGHTS
- Corner lot with high visibility near Mount Baker Station
- Strong income and population demographics within 5 miles
- Located in a high-demand urban corridor with transit access
- Surrounded by national retailers and schools
- Two contiguous parcels offering redevelopment flexibility
- Ideal for owner-user or long-term investment strategy
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,567 SF
Building Class
C
Year Built
1980
Price
$1,150,000
Price Per SF
$447.99
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.16 AC
Walk Score®
Very Walkable (81)
Transit Score®
Excellent Transit (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,000 | |
| Land Assessment | $1,145,200 | Total Assessment | $1,146,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,145,200
Improvements Assessment
$1,000
Total Assessment
$1,146,200
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3300 Martin Luther King Junior Way S
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