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7975 Martin Luther King Jr S way - 5-Lot Assembly - South Beacon Hill

0.72 Acres of Commercial Land Offered at $2,800,000 in Seattle, WA 98118

Executive Summary

Zoned NR3, this 5-lot assembly is one of the last multi-lot opportunities in Seattle’s popular South Beacon Hill neighborhood. 31,452 sqf of flat lot is fully permitted for 15 homes: 5 Single Family Homes (3 Story with One-car Attached Garage) 5 ADU (2-Story) 5 DADU (2-Story) Conveniently located within walking distance of the Othello and Rainier Beach Light Rail Stations, this site borders a scenic green space to the west, providing future residents with direct access to Chief Sealth Trl (walking trail). Easy access to downtown Seattle, Boeing Field, and a diverse range of restaurants, shopping and amenities.

Property Facts

Price $2,800,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.72 AC

1 Lot Available

Lot

Price $2,800,000
Price Per AC $3,877,907
Lot Size 0.72 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 400600-0390
  • 400600-0374
  • 400600-0376
  • 400600-0380
Land Assessment
$1,113,000
Improvements Assessment
$143,000
Total Assessment
$1,256,000
  • Listing ID: 32342462

  • Date on Market: 7/3/2024

  • Last Updated:

  • Address: 7975 Martin Luther King Jr S way, Seattle, WA 98118

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