James & Angie Smith

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Listing provided courtesy of Realogics Sotheby's Int'l RltyNWMLSas Distributed by MLSGrid- MLS# NWM2320029MLS Provider

5943 Martin Luther King Jr SSeattle, WA 98118

Commercial · 0.10 Acres
$650,000 Active

5943 Martin Luther King Jr S Overview

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ATTENTION INVESTORS, BUILDERS, & BUSINESS OWNERS! This NC2-75 (M) zoned commercial property, currently leased to a church tenant offers great upside potential for future growth. Excellent owner-user or hold for future development. Prime location on MLK Way with great visibility and easy light rail access. Convenient location with short distance to established businesses.

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5943 Martin Luther King Jr S Facts & Features

  • Type Commercial
  • Lot 0.10 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

Building Information

  • Year Built: 1952

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 385 - SODO/Beacon Hill
  • Subdivision Name: Seattle

Tax Information

  • Tax Annual Amount: $910.54
  • Tax Year: 2024

General Information

  • Listing Terms: Cash, Owner Will Carry, See Remarks
  • Parcel Number: 7186800110
  • Possible Use: Commercial,Office
  • Property Condition: Average
  • Property Sub Type: Commercial Industrial
  • Property Type: Commercial Sale
  • Senior Community: No
  • Special Listing Conditions: See Remarks

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Approximate Building Square Feet: 1920
  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric,Natural Gas

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 6
  • Parking Uncovered Total: 6

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Dimensions: 100x44
  • Lot Size Square Feet: 4217
  • Lot Size Units: Square Feet
  • Site Frontage: 44
  • Topography: Level, Sloped
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Unspecified

General Information

  • Carport: No
  • Exterior Features: Cement/Concrete
  • Number Of Units Total: 1
  • Sewer: Sewer Connected

Unit Information

Unit 1 Details

  • Unit Type: church services
  • Actual Rent: 2000

5943 Martin Luther King Jr S Neighborhood

Community

98118 (SEATTLE) Demographics

38
Median Age
5,537
Population Density (per sq. mile)
52%
College Educated
$85,541
Estimated Median Income
10,763
Estimated Total Home Owners
7,314
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5943 Martin Luther King Jr S Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5943 Martin Luther King Jr S Market Data

Based on the last 30 days in this zip code

$819,485
Average List Price
$485
Average Price per Square Foot
36
Properties Sold
67
Average Days on Market
210
Properties for Sale
Calculations provided by Reliance Network

5943 Martin Luther King Jr S History

Date Event Value Agent
6/12/2025Source: NWMLS Price Reduction
$650,000 -9.7%
1/24/2025Source: NWMLS Added to Database
January 24, 2025