1206 SE Martin Luther King Jr Blvd

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Investment | Redevelopment Opportunity

This 30,000 SF multi-story has many possibilities for an owner/user or developer looking to add value.

Located in one of the most rapidly gentrifying and dynamic commercial sub-markets in the city and arguably on the west coast – the Central Eastside where over $600 million of commercial real estate investment has and is taking place. The Central Eastside is quickly becoming a vibrant 24-7 neighborhood with over 3000 apartments and 650,000 SF of new offices.

With open 10,000 SF floorplates and the city’s best zoning of General Employment; 200 height limits and a 6:1 floor to area ration, this building could accommodate a wide array of uses from smaller maker spaces; pure office or loft residential. Located in the desirable area between the Hawthorne and Morrison Bridgeheads with great access to downtown, this property lies along the best commercial corridor of the Central Eastside: Martin Luther King Boulevard. It has a mix of flexible occupancy classifications.

Ownership is flexible to allow a straight sale; seller financing or a long term lease with options to purchase during the lease term. Owner is willing to spend TI dollars for strong long-term tenant.

Asking price: $3,800,000