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Single Tenant Restaurant Property for Sale Sold Retail

2801 E. Madison St, Seattle WA 98112
$1,500,000
2801 E Madison St Seattle WA Building
  • Property Type: retail

Description

2801 E. Madison St, Seattle WA 98112

Stand alone building for sale with long-term tenant, Jae’s Asian Bistro & Sushi, in the coveted Madison Valley neighborhood. First time on the market in over 45 years. The 2,015 SF building features tall ceilings, 2 private restrooms, mini-split A/C, indoor seating in the dining room and at the sushi bar plus outdoor seating on the back patio. Located in the heart of Madison Valley, and at a signalized intersection, this property has excellent visibility with 40 feet of street frontage along E. Madison St. The street-to-street lot is 4,000 SF and zoned NC2P-55 (M). Single tenant has a single net lease until 11/30/2029 with no options to extend. Landlord is responsible for property taxes and insurance. New roof installed 5 years ago. Landlord has a right to terminate if the property is redeveloped subject to 365 days notice given to tenant.

2801 E. Madison MPDownload

Details

  • Lot Size: 4000
  • Year Built: 1905 (Effective Yr Built: 2000)
  • Zoning: NC2P-55 (M)

Floorplans

2420 2nd Ave, Floor 1-Floor Plan

2420 2nd Ave, Floor 1-Lease Plan

2420 2nd Ave, Floor 1M-Floor Plan

2420 2nd Ave, Floor 1M-Lease Plan

2420 2nd Ave, Floor 1M-Lease Plan

Walk Score

Location

Street View

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