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Investment Highlights

  • 597-stall parking garage, patient drop-off zone, and excellent public transit connectivity
  • Walk Score of 99 – a walker’s paradise with immediate access to restaurants, retail, and transit.

Executive Summary

Located in First Hill, Seattle’s most established healthcare corridor, adjacent to Swedish Medical Center, Virginia Mason, and Harborview. ENERGY STAR certified, supporting lower operating costs and ESG-aligned investment strategies

Property Facts

Total Building Size 176,257 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Floors 16
Typical Floor Size 16,000 SF
Year Built 1986
Lot Size 1.41 AC
Parking Ratio 2.3/1,000 SF
Zoning M1070, Seattle

Amenities

  • Banking
  • Bus Line
  • Commuter Rail
  • Property Manager on Site
  • Restaurant
  • Signage

1 Unit Available

Unit 1600

Unit Size 14,270 SF
Price $11,500,000
Price Per SF $805.89
Condo Use Office/Medical
Sale Type Investment
Description

Approximately 14,270 RSF (per 2016 BOMA standards), offering efficient and modern medical office configurations.

Sale Notes

One of the few chances to own a top-floor, fully leased space in a premier Class A medical tower. On-Site Amenities includes dining options, pharmacy, and wellness services, enhancing tenant and patient convenience.

Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
90/100
Very bikeable
80/100
  • Listing ID: 37413367

  • Date on Market: 8/25/2025

  • Last Updated:

  • Address: 1229 Madison St, Seattle, WA 98104

Contact the Sale Advisor

1229 Madison St - Elmer J. Nordstrom Medical Tower

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