5907 Martin Luther King Jr WAY S, Seattle, WA 98118

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Listed by Heartland LLC

$12,000,000

Est. payment - /mo

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1.87 Acres Lot

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5907 Martin Luther King Jr WAY S Seattle, WA 98118

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Whitney Johnson

whitney@unitedcountrynw.com +1(509) 240-6438

UPDATED:

11/15/2024 01:13 AM

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Hillman City

MLS Listing ID 2153442

Style 42 - Multi-Family

Lot Size 1.872 Acres

Property Description

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.

Location

State WA

County King

Area 380 - Southeast Seattle

Interior

Fireplace false

Exterior

Utilities Available Electricity Connected

Waterfront No

View Y/N No

Building

Sewer On Property

Water Available, On Property

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Whitney Johnson

Owner/Broker | License ID: 90947

+1(509) 240-6438

Whitney Johnson

5907 Martin Luther King Jr WAY S Seattle, WA 98118

Whitney Johnson

Key Details

Location

Interior

Exterior

Building

Schools

Others

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