2925 Madison St Seattle, WA 98112
Madison Park Place offers a unique retail opportunity within a vibrant new mixed-use development. This ground-up construction boasts 82 residential units and ample retail space, creating a bustling environment for businesses. Currently, one retail space is available, measuring 2,617 square feet. The property features a desirable street-level retail presentation, ensuring high visibility and accessibility for customers. Convenient access to 70 structured parking spaces is provided via a nearby elevator, eliminating parking concerns for both tenants and their patrons. The development is situated on the former City People's Mercantile site, benefiting from established infrastructure and potential brand recognition. The total building size encompasses 123,965 square feet, indicating a substantial and well-planned development. This space is ideal for a variety of retail businesses seeking a prominent location within a thriving community. The multiple tenancy structure offers a diverse and dynamic atmosphere, attracting a wide range of customers. This is a rare opportunity to establish a presence in a newly constructed, high-traffic location. Interested parties should inquire for further details.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.