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2037 E Madison St 2,100 SF Retail Building Seattle, WA 98122 $1,435,403 CAD ($683.53 CAD/SF)
Investment Highlights
- Zoning: NC3P-75(M) – supports a wide range of use
- High-visibility area with strong traffic counts
- Access: Easy connectivity to major highways
- Development Potential: Up to 75 feet / 7 stories ~ Ready for improvements, renovations,or redevelopment
- Nearby Amenities: Hospitals, schools, housing, groceries, restaurants, and more
Executive Summary
Available for sale -Prime Multi-Use Commercial Property | Rare Redevelopment Opportunity Legal Address: 2037 E. Madison | Mailing Address: 2041 E. Madison Situated in a high-traffic, high-visibility corridor, this versatile commercial property is zoned NC3P-75(M) and offers 75 feet (7 stories) of air rights, making it an ideal candidate for redevelopment. Whether you’re planning retail, office, residential, or mixed-use projects, this site provides exceptional flexibility and long-term value. Surrounded by a dynamic mix of thriving businesses and essential amenities—including hospitals, schools, apartment complexes, grocery stores, spas, and restaurants—the location benefits from a steady flow of foot and vehicle traffic. With excellent highway access and strong community integration, this is a prime location for business growth. Building is in need of renovations.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
2,100 SF
Building Class
C
Year Built/Renovated
1950/1975
Price
$1,435,403 CAD
Price Per SF
$683.53 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.80
Lot Size
0.06 AC
Zoning
NC3P-75 - NC3P-75 : Neighborhood Commercial zoning allows mid-rise mixed-use development up 75 feet,combining residential,office, and retail uses.
Frontage
79’ on East Madison Street
Walk Score®
Very Walkable (81)
Bike Score®
Biker's Paradise (97)
Nearby Major Retailers
Property Taxes
| Parcel Number | 140730-0140 | Improvements Assessment | $1,368 CAD |
| Land Assessment | $1,728,137 CAD | Total Assessment | $1,729,505 CAD |
Property Taxes
Parcel Number
140730-0140
Land Assessment
$1,728,137 CAD
Improvements Assessment
$1,368 CAD
Total Assessment
$1,729,505 CAD
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2037 E Madison St
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