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1908 E Madison St
Seattle, WA 98122

Land For Sale · 0.12 AC

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Investment Highlights

Located just to the east of the Pike/Pine Corridor, close to downtown, light rail, First Hill hospitals, and Seattle University
Close proximity to the Capitol Hill Streetcar and Light Rail with access to ample bus routes; providing easy access to transit

Surrounded by trendy restaurants, iconic bars, coffee shops, art shops, boutique retailers, breweries, and entertainment venues

Executive Summary

Prominently located where the Madison Valley converges with the Pike/Pine Corridor, the desirable community has a rich amenity base that features some of the best restaurant and shopping destinations in the city, several parks within walking distance, and access to transit that is rapidly improving regional connectivity. Seattle Department of Transportation is in the process of building the RapidRide G bus route along Madison Street, which will offer easy access to downtown.

PROPERTY FACTS

Sale Type	Investment	Property Type	Land
Sale Conditions	Redevelopment Project	Property Subtype	Residential
No. Lots	1	Total Lot Size	0.12 AC

Sale Type	Investment
Sale Conditions	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	0.12 AC

1 Lot Available

Lot

Price	$2,750,000	Lot Size	0.12 AC
Price Per AC	$22,303,325

Price	$2,750,000
Price Per AC	$22,303,325
Lot Size	0.12 AC

1908 East Madison is a mid-block parcel featuring access to both East Madison Street and 19th Avenue. Zoning, lot size, and neighborhood dynamics make 1908 East Madison well suited for a boutique redevelopment or owner-user office opportunity.

Description

With a Walk Score of 92 and Bike Score of 90, 1908 Madison is surrounded by an abundance of restaurants, bars, boutique shops and lifestyle amenities. SDOT is in the process of building the RapidRide G bus route along Madison Street, which will provide immediate access to downtown Seattle. The property is a short drive to Interstate 5, offering an easy connection to the University of Washington, Bellevue, and other popular local destinations.

PROPERTY TAXES

Parcel Number	332504-9001	Improvements Assessment	$1,000
Land Assessment	$2,826,600	Total Assessment	$2,827,600

PROPERTY TAXES

Parcel Number

332504-9001

Land Assessment

$2,826,600

Improvements Assessment

$1,000

Total Assessment

$2,827,600

zoning

Zoning Code	NC3P-75(M)
NC3P-75(M)

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Listing ID: 25366699
Date on Market: 3/31/2022
Last Updated:
Address: 1908 E Madison St, Seattle, WA 98122

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