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1722 E Madison Ave

1,848 SF Retail Building Seattle, WA 98122 £1,027,013 (£556/SF)

Investment Highlights

  • Rare Redevelopment Opportunity along Major Thoroughfare
  • All utilities already stubbed into property
  • Expedited bus service to downtown Seattle

Executive Summary

Prime investment opportunity for one of the last redevelopment parcels available along E Madison. 45' frontage on Madison, total square footage of parcel: 4,923. Zoned NC3-75 (M), allowing for commercial spaces on ground floor with building up to 75' above for condos or apartments. Just five blocks from bustling business along Broadway, and adjacent to Trader Joe's.

Attachments

Map of 1722 E Madison

Property Facts

Sale Type
Investment
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,848 SF
Building Class
B
Year Built
1974
Price
£1,027,013
Price Per SF
£556
Tenancy
Single
Number of Floors
1
Building FAR
0.39
Land Acres
0.11 AC
Zoning
NC3-75(M) - Neighbor Commercial 3: high foot traffic, with commercial required on first floor (shops, restaurants, healthcare, etc.), residential above to 75'
Parking
10 Spaces (5.41 Spaces per 1,000 SF Leased)
Frontage
45 ft on Madison St

Amenities

  • Bus Route
  • Signage
  • Wheelchair Accessible
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Walk Score ®
Walker's Paradise (97)
Transit Score ®
Excellent Transit (74)
Bike Score ®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Anytime Fitness
Trader Joe's
The YMCA
Starbucks
Safeway
Teriyaki Madness
KeyBank
Shoprite
CrossFit
Banner Bank

PROPERTY TAXES

Parcel Number 723460-1095 Improvements Assessment £789
Land Assessment £2,039,170 Total Assessment £2,039,959

PROPERTY TAXES

Parcel Number
723460-1095
Land Assessment
£2,039,170
Improvements Assessment
£789
Total Assessment
£2,039,959
(425) 591-7494

  • Listing ID: 33564821

  • Date on Market: 18/10/2024

  • Last Updated:

  • Address: 1722 E Madison Ave, Seattle, WA 98122

The Retail Property at 1722 E Madison Ave, Seattle, WA 98122 is currently available For Sale. Contact Windermere Real Estate Co. for more information.

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© 2024 CoStar Group

1722 E Madison Ave
(425) 591-7494 x

1722 E Madison Ave

Janet Irons

(425) 591-7494

(425) 591-7494

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