3201-3211 Martin Luther King Junior Way S - Mount Baker Development Site 1.8 Acres of Commercial Land Offered at $13,720,000 CAD in Seattle, WA 98144

With flexible NC-55(M) zoning, the property lends itself well to multifamily or townhome development. Paired with a compressed entitlement and permit timeline in the City of Seattle, the future developer of the site will benefit from an expedited delivery timeline that aligns well with Seattle's tightening housing pipeline. Located in the Mount Baker Hub Urban Village, the site offers exceptional access to public transportation offering future residents direct connections to downtown Seattle, Capitol Hill, the University of Washington, and Seattle-Tacoma International Airport. The nearby Judkins Park Link Light Rail Station which is set to open in early 2026 will provide future residents with an additional express route to the Eastside. Within minutes, tenants will be able tot easily reach the key employment hubs of Seattle, Bellevue, and Redmond, where employment is surging as powerhouse firms expand and new tenants continue to join the market. The surrounding area demonstrates strong economic fundamentals, with an average household income exceeding $177,000, supporting robust renter demand and long term investment stability. The Mount Baker Development Site represents a rare opportunity to deliver high-quality housing in a growing submarket with strong employment drivers, excellent accessibility, and favorable demographics.