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    1400 Madison St Seattle, WA 98104

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    For Lease
    $35 SF/Yr ($6,597 /Mo)

    New construction retail/restaurant space in First Hill, Seattle.

    Property size:
    2,262 SF
    Lot size:
    0.50 Acres

    Property Features for 1400 Madison St

    General Information

    Size
    2,262 SF
    Lot size
    0.50 Acres

    Source: Ayers Commercial Group Agent Andrew Ayers

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Retail/Restaurant Space Available

    This new construction retail/restaurant space, equipped with Type 1 Hood capability, is situated in First Hill. The property is located on Madison, a commercial corridor with a mix of national and local retailers. Neighboring businesses include Whole Foods, Amazon Go, KeyBank, Chase, Bank of America, Salal Credit Union, Top Pot Doughnuts, and Potbelly Sandwich Shop. The location is near Swedish Hospital, Virginia Mason Medical Center, and one block from Seattle University. Public transit access is available via the Broadway & Marion Streetcar and RapidRide stations. The available space is 2262 square feet. Qualified tenants may be eligible for a tenant improvement allowance. The space can be combined with Suite 101 and is available now.
    Location Intelligence

    Current Use by Public Records

    The Rise on Madison Apartment Complex

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3216832
    Latitude
    47.6109749

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    FAQs

    What type of property is this?
    Retail space - New construction retail/restaurant space in First Hill, Seattle.
    Where is this retail space located?
    The property is located at 1400 Madison St Seattle, WA.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: - New construction retail/restaurant space with Type 1 Hood capability.; - Prime location in a thriving commercial corridor on Madison Street, First Hill.; - Surrounded by national and local retailers including Whole Foods and Amazon Go.
    (425) 275-1447
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1400 Madison St Seattle, WA 98104
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