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Street-Level Retail Condo
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1924 E Madison St, Seattle, WA 98112

Floor-to-ceiling glass frontage supports a visible storefront with an existing NNN lease.

Property Size1,250 SF
Price / SF$752
Days on Market3

Property Features for 1924 E Madison St

General Information

Standard status Active
Size 1,250 SF
Property subtype RETAIL

Additional Details

Floor Ground

Amenities

floor-to-ceiling glass frontage

Building Details

Construction modern
Tenancy Single
Listing Agency: NI Commercial Real Estate
Listed By: Norman Ives · License #18418
Source: Moodyscre
Added: Sep 20 Changed: Sep 21 Last Checked: Sep 21 at 7:01AM

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 NI Commercial Real Estate

Investment Insights

Based on property information with market context.

This 1,250-square-foot commercial condominium provides street-level retail space with floor-to-ceiling glass frontage. The property is leased to an existing tenant under a Triple-Net structure, with the tenant responsible for property taxes, insurance, and common area maintenance.

Located at 1924 E Madison St in Seattle, the property is positioned across from a PCC Community Market. Its ground-floor configuration and direct placement along the market corridor provide a storefront-oriented setting for retail use. The sale includes the established lease arrangement and the existing commercial condominium interest.

Key Highlights

  • 1,250 SF street‑level retail condominium
  • Floor‑to‑ceiling glass frontage
  • Existing tenant in place under a Triple‑Net (NNN) lease

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Butcher Auto Parts Store HVAC Service Tanning Salon

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

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,173
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Floor-to-ceiling glass frontage supports a visible storefront with an existing NNN lease.
Where is this retail space located?
The property is located at 1924 E Madison St Seattle, WA.
What is the asking price?
The asking price for this property is $940,000.
What are key features of this property?
This property features: 1,250 SF street‑level retail condominium; Floor‑to‑ceiling glass frontage; Existing tenant in place under a Triple‑Net (NNN) lease
(206) 251-4664 Call to check price and availability
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