Seattle, WA 98112,2801 E Madison ST
See all 28 photos
Seattle, WA 98112,2801 E Madison ST
Seattle, WA 98112,2801 E Madison ST
Seattle, WA 98112,2801 E Madison ST
Seattle, WA 98112,2801 E Madison ST
Listed by Windermere Real Estate Midtown
Bought with Berkshire Hathaway HS SP

$1,500,000

Est. payment /mo

$1,500,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2801 E Madison ST Seattle, WA 98112

4,000 Sqft Lot

SOLD DATE : 11/08/2024

Key Details

Sold Price $1,500,000

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Sold

Purchase Type For Sale

Subdivision Madison Valley

MLS Listing ID 2288670

Sold Date 11/08/24

Style 60 - Comm Bldg Und 10K

Year Built 1905

Annual Tax Amount $13,229

Lot Size 4,000 Sqft

Lot Dimensions 40 x 100

Property Description

Stand alone restaurant building for sale with long-term tenant, Jae's Asian Bistro & Sushi, in the coveted Madison Valley neighborhood. 1st time on the market in over 45 years. The 2,015 SF building features tall ceilings, 2 private restrooms, mini-split A/C, indoor seating in dining room and at sushi bar plus outdoor seating on back patio. Located in the heart of Madison Valley, and at a signalized intersection, this property has 40 Ft of street frontage along E. Madison St. The street-to-street 4,000 SF lot is zoned NC2P-55(M). Single tenant has a single-net lease until 11/30/2029 with no options to extend. The Landlord is responsible for property taxes and insurance. Landlord has a Right to Terminate if the property is redeveloped.

Location

State WA

County King

Area 390 - Central Seattle

Interior

Interior Features Laminate Tile

Flooring Laminate

Fireplace false

Exterior

Exterior Feature Cement/Concrete

Roof Type Torch Down

Building

Sewer Sewer Connected

Water Public

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Northwest MLS (NWMLS)

Kari Green

Advisor | License ID: 20117777

+1(360) 552-8150

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.