Building Details

Year Built 1919

Listing Agency: NEWMARK A***@nmrk.com Show Phone

Listed By: ANNE MARIE KOEHLER

Source: Corcoran

Added: Apr 18, 2025 Changed: Jul 6 Last Checked: Jul 23 at 9:35AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NEWMARK

Investment Insights

Based on property information with market context.

Located in the Madison Park neighborhood of Seattle, Washington, the property at 4242 E Madison Street is situated at the corner of East Madison Street and 43rd Avenue, in the heart of the Madison Park retail core. The location is across from Lake Washington and within one of the wealthiest trade areas in the nation.

Key Highlights

• Located in Madison Park, one of the wealthiest trade areas in the nation.
• Prime location at the corner of East Madison Street and 43rd Avenue.
• In the heart of the Madison Park retail core.

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service Building Supply Bakery Auto Parts Store (Bike/Boat/Book/etc) Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

522

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 98112, WA

23,152

Population

11,670

Households

2

Avg Household Size

39

Median Age

81%

College-Educated

99%

High-School Grad

3.2 sq mi

ZIP Area

7,235

Density / Sq Mi

$162,073

Median Household Income

$84,919

Median Earnings

$2,062

Median Rent

$1,407,400

Median Home Value

Market

Vacancy Rate% for Retail in Seattle, WA

4.5% 2019

4.4% 2020

3.9% 2021

3.6% 2022

3.8% 2023

4.7% 2024

5.7% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this storefront properties located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

High-Visibility Auto Shop Building

444 Elliott Ave W, Seattle, WA 98119

$2,750,000

5,625 SF

View details

Mixed-Use Building with Restaurant

3015 Beacon Ave S, Seattle, WA 98144

$2,695,000

4,283 SF

View details

Historic Loft Retail/Office Condo

530-c-526 1st Ave S, Seattle, WA 98104

$650,000

1,280 SF

View details

Ground-Floor Office Unit

3213 Harbor Avenue Sw A2, Seattle, WA 98126

$1,265,000

2,000 SF

View details

Office Condominium with Rooftop Deck

4014 N Aurora Ave B, Seattle, WA 98103

$845,000

3,435 SF

View details

Ground-Floor Office Unit

A2-3213 Harbor Ave Sw, Seattle, WA 98116

$1,265,000

2,000 SF

View details

Vacant Retail Building with IG2 Zoning

85 South Lander Street, Seattle, WA 98134

$1,804,915

8,880 SF

View details

Ground-Floor Office Unit

3213 Harbor Ave Sw Unit A2, Seattle, WA 98126

$1,265,000

2,000 SF

View details

Corner Two-Story Retail Space

300 NE 45th St, Seattle, WA 98105

$3,600,000

7,555 SF

View details

Ground-Floor Office Condo Units

3408 NE 65th Street A, Seattle, WA 98115

$345,000

879 SF

View details

Equipped Chinese Restaurant

522 S King St, Seattle, WA 98104

$100,000

1,500 SF

View details

Just Poke Restaurant With Seating

334 NE Northgate Way, Seattle, WA 98125

$350,000

1,315 SF

View details

Frequently Asked Questions

What type of property is this?

Storefront property - Retail property in affluent Madison Park neighborhood, across from Lake Washington.

Where is this storefront property located?

The property is located at 4242 Madison St Seattle, WA.

What is the asking price?

The asking price for this property is $4,000,000.

What are key features of this property?

This property features: Located in Madison Park, one of the wealthiest trade areas in the nation.; Prime location at the corner of East Madison Street and 43rd Avenue.; In the heart of the Madison Park retail core.