1908 Madison St Seattle, WA 98122

This exceptional 2,802 square foot mixed-use property, located at 1908 East Madison St in Seattle's vibrant Capitol Hill neighborhood, presents a unique investment opportunity. Built in 1901, this two-story building boasts 93% occupancy and features four parking spaces. The 0.12-acre lot is zoned NC3P-75 (M), allowing for boutique development potential within this densely populated area. The building's prime location offers unparalleled access to numerous amenities, including Trader Joe's, PCC, Safeway, and several nearby parks. Surrounded by a thriving mix of trendy restaurants, bars, coffee shops, boutiques, breweries, and entertainment venues, this property benefits from its proximity to the Pike/Pine Corridor, downtown Seattle, light rail, First Hill hospitals, Seattle University, and Seattle Central College. Convenient access to the Capitol Hill Streetcar, light rail, and bus routes is further enhanced by the upcoming RapidRide G bus route (scheduled for 2024), promising frequent service to downtown and the Madison Valley. The asking price is $2,750,000, with a land value of $511 per square foot. This presents a compelling opportunity for owner-users or developers seeking a high-potential investment in a rapidly evolving neighborhood. The property's mid-block location provides access to both East Madison Street and 19th Avenue. Much of the adjacent Mount Zion Baptist Church property is undergoing redevelopment into apartments and townhomes, further indicating the area's growth trajectory.