Property profile

3109 Madison St Seattle, WA 98112

OFF-MARKET
Turn key restaurants
Property ID
US90-3243683
2,096 SF 0.09 ac lot Built 1928
Entity Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1928
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,096 SF
Lot 0.09 ac (3,914 SF)
Zoning code NC2P-55 (M)
APN 533220-0045
UPID US90-3243683

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bakery Specialty Food Shop
  • Bakery Specialty Food Shop
  • Post Office

Location

3109 Madison St Seattle, WA 98112-4232
Seattle metro Census 6300 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2013
6 recorded transactions
2013
Price N/A
2003
$565,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

NC2P-55 (M) · Seattle, WA
Zoning description

The intent of this district is to promote neighborhood commercial activities, to support or encourage a pedestrian-oriented shopping area that provides a full range of household and personal goods and services, including…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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