Bought with Berkshire Hathaway HS SP
$1,500,000
$1,500,000
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
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!
Our team is ready to help you sell your home for the highest possible price ASAP
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
GET MORE INFORMATION