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2301 DR MARTIN LUTHER KING JR STREET S

For Sale
$40,014

BTC: 0.48128458

ETH: 15.09962264

3 days
0 room(s)
2,052 sqft

Overview

Prime corner-lot commercial property on Dr. Martin Luther King Jr. St S with approximately 25,000 vehicles per day. The 2,000 SF building can be leased as a whole or divided into two units of 600 SF and 1,400 SF, which suits owner-users and multiple tenants alike. Includes a 2,000 SF fenced yard for storage, equipment, outdoor seating or events, plus 15 on-site parking spaces. Favorable CCT-1 zoning allows retail stores, shops, personal service businesses, professional offices, contractor offices and a variety of other commercial uses. Excellent visibility, signage exposure and easy access. Buyer/tenant to verify zoning, permitted uses and traffic counts. Can be subdivided down to 600sf.

Location

Details

Type:
Commercial Lease
Parking:
No Data
Year Built:
1947
Lot:
0.28 Acres
Heating:
No Data
Price/sqft:
$20
Cooling:
Other
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$550,000
$379K – $898K
Confidence Low
List vs. estimate
$509K below estimate
List $40,014 · -92.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$19
-93.7% vs. city median $310
Based on
15 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,382
2025
All facts and features
  • Cooling

    • Other

  • Lot

    • Lot: 0.28 Acres

    Other Property Information

    • Parcel Number: 363116490140000280

  • Type and style

    • Property Type: Commercial Lease

    • Property Sub Type: Mixed Use

  • Other financial information

    • Annual tax amount: $4,382

  • Source details

    • MLS ID: TB8550669

    Other facts

    • Construction Materials: Other

    • Foundation Details: Block

    • Direction Faces: East

    • Living Area: 2052

    • Lot Size Dimensions: 114 x 107

    • Subdivision Name: LAKEVIEW MANOR

Private inquiry
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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: KOONS REAL ESTATE INC