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2037 E Madison St 2,100 SF Retail Building Seattle, WA 98122 $1,250,000 ($595.24/SF)
INVESTMENT HIGHLIGHTS
- Zoning: NC3P-75(M) – supports a wide range of use
- High-visibility area with strong traffic counts
- Access: Easy connectivity to major highways
- Development Potential: Up to 75 feet / 7 stories
- Nearby Amenities: Hospitals, schools, housing, groceries, restaurants, and more
EXECUTIVE SUMMARY
Available for sale -Prime Multi-Use Commercial Property | Rare Redevelopment Opportunity Legal Address: 2037 E. Madison | Mailing Address: 2041 E. Madison Situated in a high-traffic, high-visibility corridor, this versatile commercial property is zoned NC3P-75(M) and offers 75 feet (7 stories) of air rights, making it an ideal candidate for redevelopment. Whether you’re planning retail, office, residential, or mixed-use projects, this site provides exceptional flexibility and long-term value. Surrounded by a dynamic mix of thriving businesses and essential amenities—including hospitals, schools, apartment complexes, grocery stores, spas, and restaurants—the location benefits from a steady flow of foot and vehicle traffic. With excellent highway access and strong community integration, this is a prime location for business growth.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
2,100 SF
Building Class
C
Year Built/Renovated
1950/1975
Price
$1,250,000
Price Per SF
$595.24
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.80
Lot Size
0.06 AC
Zoning
NC3P-75 - NC3P-75 : Neighborhood Commercial zoning allows mid-rise mixed-use development up 75 feet,combining residential,office,and retail uses.
Frontage
79’ on East Madison Street
Walk Score®
Very Walkable (81)
Bike Score®
Biker's Paradise (97)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 140730-0140 | Improvements Assessment | $1,000 |
| Land Assessment | $1,263,600 | Total Assessment | $1,264,600 |
PROPERTY TAXES
Parcel Number
140730-0140
Land Assessment
$1,263,600
Improvements Assessment
$1,000
Total Assessment
$1,264,600
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2037 E Madison St
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