Sorry, Aris 360 isn’t in this area yet.

We are expanding to new markets each month. Check back soon for new listings!

Join us for exciting listings and expert advice. We're here to make your real estate dream a reality.

Listing Firm: Windermere Real Estate Midtown: Lauren Hendricks

Bought With: Berkshire Hathaway HS SP : LeNhi Truong

SOLD On November 8, 2024
NWMLS # 2288670

$1,500,000

  • Sold Price
  • - Beds
  • - Baths
  • - Sq.ft.

2801 E Madison Street , Seattle, WA 98112

Listings with the three tree icon are courtesy of NWMLS

About This Property

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.

Buyer's Agent: LeNhi Truong • Berkshire Hathaway HS SP

Listed by: Lauren Hendricks • Windermere Real Estate Midtown

Aris360 Last Checked: 2 Minutes Ago (May 22, 2025 08:12 AM)

  • Source: NWMLS as Distributed by MLS Grid #2288670

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Madison
  • Zip/Postal Code: 98112
  • City: Seattle

Payment Calculator

$3,847 per month
Principal & Interest
Home Insurance
Property Taxes

Down Payment

Down Payment
Are you a veteran?
Have a home sell?

Home Price

Find out the main costs involved in a home purchase in our Home Buying Guide.

Loan Detail

Interest Rate

According to icanbuy, the average interest rate for a 30-year fixed loan in 98102 is 7.009%. Compare current rates

Loan Term
Property Tax Rate
HOA Dues
PMI
  • Takes about 3 minutes
  • Won't affect your credit score
Get pre-qualified

Property Features

  • County
    • Madison Valley
  • Community
    • 390 - Central Seattle
  • MLS Area
    • 390 - Central Seattle
  • Longitude
    • -122.295852
  • Latitude
    • 47.623383
  • Directions
    • At the signalized intersection at 28th Ave E and E Madison St.

  • Interior
    • Laminate Tile
  • Floors
    • Laminate
  • Power Production Type
    • Electric

  • Style
    • 60 - Comm Bldg Und 10K
  • Foundation
    • Poured Concrete,
  • Topography
    • Level
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Cement/Concrete
  • Roof
    • Torch Down,
  • Septic or Sewer
    • Sewer Connected,
  • Condition
    • Average,
  • Water
    • SPU
  • Building Total Area (Sq. Ft.)
    • 4000

  • Possession
    • Closing,
    • Tenant's Rights,
  • Property Type
    • Commercial Sale
  • Property SubType
    • Commercial Industrial
  • Tax Year
    • 2024
  • Structure Type
    • Land,
  • Tax Amount
    • $13229
  • Year Built
    • 1905
  • Effective Year Built
    • 2000
  • Status
    • Sold

Recently Listed Properties In Seattle, 98112

Sold
Sold — New Owner Found!

$ 1,700,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 2 Baths
  • 1990 sq. ft
Sold
Sold — New Owner Found!

$ 1,250,000

  • Property Category:
  • Townhouse

Listing provided by NWMLS
  • 3 Beds
  • 2 Baths
  • 1712 sq. ft
Sold
Sold — New Owner Found!

$ 1,434,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 2 Baths
  • 1860 sq. ft
Sold
Sold — New Owner Found!

$ 1,900,000

  • Property Category:
  • Multi Family

Listing provided by NWMLS
  • 2 Beds
  • 1 Baths
  • 1650 sq. ft

Similar Properties In Seattle, 98112

Sold
Sold — New Owner Found!

$ 1,250,000

  • Property Category:
  • Multi Family

Listing provided by NWMLS
  • 2 Beds
  • 1 Baths
  • 1045 sq. ft
Sold
Sold — New Owner Found!

$ 1,200,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 4 Beds
  • 1 Baths
  • 2760 sq. ft
Sold
Sold — New Owner Found!

$ 1,245,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 1 Baths
  • 2540 sq. ft
Sold
Sold — New Owner Found!

$ 1,099,900

  • Property Category:
  • Townhouse

Listing provided by NWMLS
  • 4 Beds
  • 2 Baths
  • 1678 sq. ft

Recently Viewed Properties In Seattle, 98112

Sold
Sold — New Owner Found!

$ 1,700,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 2 Baths
  • 1990 sq. ft
Sold
Sold — New Owner Found!

$ 1,250,000

  • Property Category:
  • Townhouse

Listing provided by NWMLS
  • 3 Beds
  • 2 Baths
  • 1712 sq. ft
Sold
Sold — New Owner Found!

$ 1,434,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 2 Baths
  • 1860 sq. ft
Sold
Sold — New Owner Found!

$ 1,900,000

  • Property Category:
  • Multi Family

Listing provided by NWMLS
  • 2 Beds
  • 1 Baths
  • 1650 sq. ft

Listing provided by NWMLS

Disclaimer: Based on information submitted to the MLS GRID as of Thu May 22 2025 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

May 22, 2025 08:12 AM