2801 E Madison Street Seattle, WA 98112
Stand alone restaurant building for sale with long-term tenant, Jae's Asian Bistro & Sushi, in the coveted Madison Valley neighborhood. 1st 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 dining room and at sushi bar plus outdoor seating on back patio. Located in the heart of Madison Valley, and at a signalized intersection, this property has 40 Ft of street frontage along E. Madison St. The street-to-street 4, 000 SF lot is zoned NC2P-55(M). Single tenant has a single-net lease until 11/30/2029 with no options to extend. The Landlord is responsible for property taxes and insurance. Landlord has a Right to Terminate if the property is redeveloped.
- Property TypeCommercial
- NeighborhoodMadison Valley
- CountyKing
- Taxes$13,229
- HOA/Condo/Coop Fees$0
- Days on Site31 Days
- MLS StatusPending
- MLS ID Number2288670
- Home Size Source N/A
- Year Built1905
- Lot Size0.0918 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Building Features Disabled Access
- Parking Spaces 0
- Acreage 0.0918
- Water Public
- Sewer Sewer Connected
- Parking Total 0
Interior Features
- Cooling Ductless H P- Mini Split
- Heating Ductless H P- Mini Split
- Flooring Laminate
- Interior Laminate Tile
- Fireplaces 0
- Fireplace No
Exterior Features
- Exterior Cement/ ConcreteCement/Concrete
- Roof Torch Down
Community Features
- Association Dues 0
- Senior Community No
- MLS Area 390 - Central Seattle
- Building Features Disabled Access