Listed by Tom Ngo, Dove Realty, Inc.
- Business Opportunity
- Type
- 22
- 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
Add a destination (work, gym, school) for directions and drive time.
Jeff's Neighborhood Guide
Get to know the Southeast Seattle area
Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.
Guides within this NWMLS search area. A search area covers more than one neighborhood.
Property details
Listing details
- Listing number
- #2593701
- Listed
- October 26, 2026
- Days on market
- 22 (includes a prior listing period)
Unit & building
- Unit
- 115
Parking
- Total spaces
- 20
Terms
- Terms offered
- CashConventional
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Cash
- Conventional
Listing history
Listed
$200,000
October 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

$258,000
1828 11th Avenue #205
Seattle, WA

$250,000
211 Summit Avenue E #403
Seattle, WA

$149,950
7 Harrison Street #20
Seattle, WA

$171,000
2100 N 106th Street #104
Seattle, WA

$249,950
132 N 132nd Street #204
Seattle, WA

$250,000
2244 13th Avenue W #407
Seattle, WA
Based on information submitted to the MLS GRID as of October 26, 2026 at 4:45 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.