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JRJeff ReynoldsCompass · Seattle
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Listed by Tom Ngo, Dove Realty, Inc.

Business Opportunity
Type
0
Days on market

About this property

King Plaza Laundry – Established Coin Laundry Business for Sale. Turnkey Investment Opportunity in South Seattle Take advantage of the opportunity to own King Plaza Laundry, a well-established neighborhood laundromat located in the busy King Plaza Shopping Center on Martin Luther King Jr. Way South. Conveniently near residential neighborhoods, local businesses, and public transit, this business benefits from steady customer traffic and a loyal base. Business Highlights: Prime location in a high-traffic neighborhood shopping center. Established customer base with repeat business. Convenient access with ample parking. Well-maintained commercial washers and dryers. Clean, organized, and easy-to-operate facility. Great opportunity for an owner-operator or absentee investor. Stable, recession-resistant industry with recurring demand. Strong potential to grow revenue through wash-and-fold service, commercial accounts, pickup & delivery, vending, and digital payment systems. Located at 7101 Martin Luther King Jr. Way S., Seattle, WA, King Plaza Laundry benefits from excellent visibility and is surrounded by retail shops, restaurants, apartments, and established residential communities. The location provides a steady stream of customers who rely on the laundromat for their everyday laundry needs.

Location & commute

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Directions

Property details

Listing details

Listing number
#2573855
Listed
August 26, 2026
Days on market
0

Unit & building

Unit
115

Parking

Total spaces
20

Terms

Terms offered
CashConventional

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  • Cash
  • Conventional

Listing history

  1. Listed

    $200,000

    August 26, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$1,164

Principal & interest
$1,011
Property tax (est.)
$153

Assumes $40,000 down (20%), a $160,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of August 26, 2026 at 1:15 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.