2840 Madison St E 1,940 SF Retail Building Seattle, WA 98112 $2,584,589 CAD ($1,332.26 CAD/SF)

Located in the heart of Seattle’s vibrant Madison Valley, 2840 E Madison Street presents a rare opportunity to acquire or lease a high-visibility corner property ideal for owner-users, investors, or developers. This two-level standalone commercial structure offers 1,940 square feet of flexible space, with a vaulted-ceiling main floor bathed in natural light and a lower level that sits on-grade—perfect for storage, studio, or additional workspace. The site’s NC2P-55(M) zoning supports a wide range of retail, office, and residential uses, with mixed-use redevelopment potential up to 55 feet in height. Positioned directly across from the beloved Cafe Flora and surrounded by a thriving mix of boutique retailers, restaurants, and residential charm, the property benefits from strong foot traffic and a highly desirable neighborhood ambiance.
Built in 1928 with a wood-frame exterior, the building sits on a 5,507 SF level lot and is currently used as a single-family residence adapted for retail. The surrounding area boasts a median household income of $151,033 within a one-mile radius and a population of nearly 500,000 within five miles, making it an attractive location for both local-serving and destination businesses. With proximity to Capitol Hill, the University of Washington Arboretum, and Downtown Seattle, this site offers unmatched connectivity and lifestyle appeal. Whether you're seeking a boutique storefront, creative office, or a redevelopment canvas, 2840 E Madison Street delivers on location, flexibility, and long-term value.