2801 E Madison Street
Seattle, WA 98112
0.09 acres | #2288670
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.
Interior Details
- InteriorLaminate Tile
Property Details
- Exterior MaterialsCement/Concrete
Measurements
- Acres0.0918
Construction Details
- Style60 - Comm Bldg Und 10K
- Property TypePurchase
Condition
- Year Built1905
Material information
- FoundationPoured Concrete
Utilities / Energy Details
- Sewer InformationSewer Connected
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionMadison Valley
Location
- CountyKing
Financial Details
- Original List Price$1,500,000
- Taxes Annual$13,229
- Days on Market (Cumulative)2
Other
- MLS #2288670
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-11-08 00:00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listing Courtesy
Listing Agent: Lauren Hendricks (#NWM49708)
Listing Office: Windermere Real Estate Midtown (#NWM7083)
Listing Courtesy (Buyer)
Buyer's Agent: LeNhi Truong (#NWM493)
Buyer's Office: Berkshire Hathaway HS SP (#NWM7113)
