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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2804 Madison St Seattle, WA 98112

16,111 SF 0.51 ac lot Built 1906
Property ID
Property summary
AI-generated overview

This exceptional offering presents a unique opportunity to lease executive office space within a vibrant Madison Valley location. The property, situated on East Madison Street, comprises five buildings totaling 16,111 square feet, built in 1906 and renovated in 2012. The available space ranges from 341 to 1,922 contiguous square feet, with a total of 2,263 square feet currently vacant. The building features a Class A designation and boasts a two-story design, offering multiple suites. One available suite, occupying the entire second floor, includes a private lobby, two private offices, a break room, two restrooms, and an open floorplan with vaulted ceilings. Abundant natural light, attractive finishes, and built-in storage enhance the space's appeal. Additional amenities include ample daylight, flexible layouts, and the convenience of a shared kitchenette and restrooms (in some suites). The property sits on a 0.51-acre lot (22,216 square feet) and offers a total of 22 parking spaces. The zoning is NC2P-55(M), and the King County APN numbers are 5016001790; 5016001775; 5016001800; 5016001805; 5016001810. The property's location provides easy access to nearby restaurants, cafes, and upscale retail shops, making it an ideal setting for businesses seeking a prestigious and convenient address. Landlord will provide new carpet and paint prior to move-in for select suites. This is an excellent opportunity to secure high-quality office space in a sought-after neighborhood, offering a welcome alternative to downtown rental rates.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1906
Total area 16,111 SF
Lot 0.51 ac (22,216 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cammeray's (Bike/Boat/Book/etc) Store
  • Fainting Goat Creamery Inc. Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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