Contact
Tell us about your needs

1940 DR MARTIN LUTHER KING JR STREET S

Commercial Active With Contract
$700,000

BTC: 7.82122905

ETH: 238.09523810

-$150K (2025/07/03)
241 days
0 room(s)
4,401 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Under contract-accepting backup offers. HUGE PRICE REPOSITION! Take advantage of this unique opportunity to own a corner lot property with endless potential! Formerly McRae’s Funeral Home, this well-established facility has served as a trusted cornerstone in the community, providing hundreds of families with burial services. Now, you can transform this 3,881 sq. ft. property into a multi-family dwelling or bring it back to life as a thriving funeral home. Key Features: • Building Size: 3,881 sq. ft. single-story structure • Flexible Space: Ideal for a funeral home or easily adaptable for multi-family living • Living Quarters: Includes a 2-bedroom, 1-bath unit with a full kitchen, perfect for on-site management • Renovation Potential: Quickly adaptable to modern funeral services, including virtual options for convenience and outreach • Prime Location: Situated on a corner lot with high visibility and easy access Whether you wish to continue the legacy of McRae’s Funeral Home or explore new possibilities for this prime piece of real estate, the potential is limitless

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1976
Lot:
0.46 Acres
Heating:
No Data
Price/sqft:
$159
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Cooling

    • Central Air

  • Lot

    • Lot: 0.46 Acres

    Other Property Information

    • Parcel Number: 303117312840010010

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Business

  • Other financial information

    • Annual tax amount: $7,037

  • Source details

    • MLS ID: TB8362671

    Other facts

    • Construction Materials: Block

    • Foundation Details: Block

    • Living Area: 4401

    • Lot Size Dimensions: 125 x 161

    • Subdivision Name: GLENWOOD PARK

Similar Homes

2742 5TH AVENUE S UNIT 10 placeholder 2742 5TH AVENUE S UNIT 10
New
Active With Contract
Townhouse
$675,000
3 bds 3 ba 2,079 sqft
2742 5TH AVENUE S UNIT 10
2758 5TH AVENUE S placeholder 2758 5TH AVENUE S
New
Active With Contract
Townhouse
$715,000
3 bds 3 ba 2,079 sqft
2758 5TH AVENUE S
600 3RD AVENUE S UNIT 209 placeholder 600 3RD AVENUE S UNIT 209
1 days
Active With Contract
Condo/Co-op
$589,500
2 bds 2 ba 1,158 sqft
600 3RD AVENUE S UNIT 209
6318 30TH STREET S placeholder 6318 30TH STREET S
3 days
Active With Contract
House
$499,000
3 bds 2 ba 1,446 sqft
6318 30TH STREET S
2101 BURLINGTON AVENUE N placeholder 2101 BURLINGTON AVENUE N
+$10K (2025/12/01)
Active With Contract
House
$790,000
3 bds 2 ba 1,618 sqft
2101 BURLINGTON AVENUE N
471 9TH AVENUE N placeholder 471 9TH AVENUE N
7 days
Active With Contract
Multi-family
$875,000
4 bds 2,426 sqft
471 9TH AVENUE N
1925 8TH STREET N placeholder 1925 8TH STREET N
8 days
Active With Contract
House
$895,000
3 bds 2 ba 2,004 sqft
1925 8TH STREET N
1732 2ND STREET S placeholder 1732 2ND STREET S
9 days
Active With Contract
House
$500,000
3 bds 2 ba 1,392 sqft
1732 2ND STREET S

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RIGHT TURN REALTY