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1229 Madison St - Elmer J. Nordstrom Medical Tower 1,315 - 2,917 SF Office/Medical Condo Units Offered at $978,360 - $2,170,000 Per Unit in Seattle, WA 98104
Investment Highlights
- Two medical office condo suites available for purchase in Seattle’s First Hill healthcare hub.
- Professionally designed and surgery-ready layouts supporting immediate occupancy.
- Attached parking structure offers convenience for employees and visitors.
- Direct adjacency to Swedish Medical Center and major regional hospitals.
- Exceptional access for patients and staff via high walk, transit, and bike scores.
- Strong long-term investment potential in Seattle’s premier medical district.
Executive Summary
The property is located in Seattle’s First Hill district within the Swedish Medical Center campus near the Central Business District. It features two separate medical office condominium suites on the 14th floor with existing clinical layouts. The site benefits from immediate adjacency to regional healthcare institutions, public transportation proximity, and structured parking availability.
2 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
“Move-in ready” surgery suite and medical office space for near-term occupancy
Sale Notes
Nordstrom Medical Tower offers two premier medical office condominium suites for purchase in Seattle’s highly sought-after First Hill medical district. Positioned within Swedish Medical Center’s core campus, these properties provide immediate access to the region’s leading healthcare institutions, ensuring strong patient flow and an established professional network. Suite 1460 and Suite 1480, located on the 14th floor, present efficient, investment-ready configurations for specialized or general practice medical use.
The location benefits from exceptional connectivity, including proximity to Seattle’s Central Business District and convenient access to major transportation corridors and transit hubs. Nearby amenities include hospitals, healthcare centers, and support services ideal for clinical operations. This acquisition represents a rare opportunity to own space in a premier medical tower, with move-in-ready interiors and established tenant-quality infrastructure designed for patient care. Secure your position in one of the Pacific Northwest’s most prominent healthcare environments with these well-configured condominium offerings.
The location benefits from exceptional connectivity, including proximity to Seattle’s Central Business District and convenient access to major transportation corridors and transit hubs. Nearby amenities include hospitals, healthcare centers, and support services ideal for clinical operations. This acquisition represents a rare opportunity to own space in a premier medical tower, with move-in-ready interiors and established tenant-quality infrastructure designed for patient care. Secure your position in one of the Pacific Northwest’s most prominent healthcare environments with these well-configured condominium offerings.
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
“Move-in ready” surgery suite and medical office space for near-term occupancy
Sale Notes
Nordstrom Medical Tower offers two premier medical office condominium suites for purchase in Seattle’s highly sought-after First Hill medical district. Positioned within Swedish Medical Center’s core campus, these properties provide immediate access to the region’s leading healthcare institutions, ensuring strong patient flow and an established professional network. Suite 1460 and Suite 1480, located on the 14th floor, present efficient, investment-ready configurations for specialized or general practice medical use.
The location benefits from exceptional connectivity, including proximity to Seattle’s Central Business District and convenient access to major transportation corridors and transit hubs. Nearby amenities include hospitals, healthcare centers, and support services ideal for clinical operations. This acquisition represents a rare opportunity to own space in a premier medical tower, with move-in-ready interiors and established tenant-quality infrastructure designed for patient care. Secure your position in one of the Pacific Northwest’s most prominent healthcare environments with these well-configured condominium offerings.
The location benefits from exceptional connectivity, including proximity to Seattle’s Central Business District and convenient access to major transportation corridors and transit hubs. Nearby amenities include hospitals, healthcare centers, and support services ideal for clinical operations. This acquisition represents a rare opportunity to own space in a premier medical tower, with move-in-ready interiors and established tenant-quality infrastructure designed for patient care. Secure your position in one of the Pacific Northwest’s most prominent healthcare environments with these well-configured condominium offerings.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1460 | 1,315 SF | Office/Medical | $978,360 ($744.00/SF) | - |
| Unit 1480 | 2,917 SF | Office/Medical | $2,170,000 ($743.91/SF) | - |
Unit 1460
| Unit Size |
| 1,315 SF |
| Condo Use |
| Office/Medical |
| Price |
| $978,360 ($744.00/SF) |
| NOI |
| - |
Unit 1480
| Unit Size |
| 2,917 SF |
| Condo Use |
| Office/Medical |
| Price |
| $2,170,000 ($743.91/SF) |
| NOI |
| - |
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Unit 1460
| Unit Size | 1,315 SF |
| Condo Use | Office/Medical |
| Price | $978,360 ($744.00/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| “Move-in ready” surgery suite and medical office space for near-term occupancy</li></ul> | |
| Sale Notes | |
| Nordstrom Medical Tower offers two premier medical office condominium suites for purchase in Seattle’s highly sought-after First Hill medical district. Positioned within Swedish Medical Center’s core campus, these properties provide immediate access to the region’s leading healthcare institutions, ensuring strong patient flow and an established professional network. Suite 1460 and Suite 1480, located on the 14th floor, present efficient, investment-ready configurations for specialized or general practice medical use.<br> The location benefits from exceptional connectivity, including proximity to Seattle’s Central Business District and convenient access to major transportation corridors and transit hubs. Nearby amenities include hospitals, healthcare centers, and support services ideal for clinical operations. This acquisition represents a rare opportunity to own space in a premier medical tower, with move-in-ready interiors and established tenant-quality infrastructure designed for patient care. Secure your position in one of the Pacific Northwest’s most prominent healthcare environments with these well-configured condominium offerings.</li></ul> |
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 1480
| Unit Size | 2,917 SF |
| Condo Use | Office/Medical |
| Price | $2,170,000 ($743.91/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| “Move-in ready” surgery suite and medical office space for near-term occupancy</li></ul> | |
| Sale Notes | |
| Nordstrom Medical Tower offers two premier medical office condominium suites for purchase in Seattle’s highly sought-after First Hill medical district. Positioned within Swedish Medical Center’s core campus, these properties provide immediate access to the region’s leading healthcare institutions, ensuring strong patient flow and an established professional network. Suite 1460 and Suite 1480, located on the 14th floor, present efficient, investment-ready configurations for specialized or general practice medical use.<br> The location benefits from exceptional connectivity, including proximity to Seattle’s Central Business District and convenient access to major transportation corridors and transit hubs. Nearby amenities include hospitals, healthcare centers, and support services ideal for clinical operations. This acquisition represents a rare opportunity to own space in a premier medical tower, with move-in-ready interiors and established tenant-quality infrastructure designed for patient care. Secure your position in one of the Pacific Northwest’s most prominent healthcare environments with these well-configured condominium offerings.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 176,257 SF | Typical Floor Size | 16,000 SF |
| Property Type | Office | Year Built | 1986 |
| Property Subtype | Medical | Lot Size | 1.41 AC |
| Building Class | B | Parking Ratio | 2.3/1,000 SF |
| Floors | 16 | ||
| Zoning | M1070, Seattle | ||
| Total Building Size | 176,257 SF |
| Property Type | Office |
| 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
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Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
90/100
Very bikeable
80/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1229 Madison St - Elmer J. Nordstrom Medical Tower
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