2331 E Madison Street, Seattle, WA 98112

$925,000

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Listing courtesy of Real Property Associates.

List Price
$925,000
Status
ACTIVE
MLS#
2565841
Days on Market
92
Annual Tax Ammount
10561

Property Description

A rare opportunity to owner-occupy a one-of-a-kind commercial space in the heart of Capitol Hill; thoughtfully configured for today’s entrepreneur, creative professional, or wellness practice. With prominent street-level retail frontage on E. Madison Street, this property offers exceptional visibility, signage potential, and a professional presence in one of Seattle’s most vibrant neighborhoods. Whether you’re an investor seeking income potential or a professional ready to own the space where your business thrives, this property offers flexibility today through owner occupancy and possibilities for tomorrow. Currently designed with five private offices, two bathrooms, and a full kitchen, the layout is ideally suited for therapists, counselors, coaches, bodyworkers, attorneys, consultants, or other professional service businesses. The main level features a welcoming reception foyer, contemporary finishes, an oversized ½ bathroom, kitchen with comfortable seating area, and two private offices. Upstairs offers three additional offices, a ¾ bath, washer/dryer hookup, and two balconies that fill the space with natural light. Originally designed as a live/work residence, the flexible floor plan offers future potential to reimagine the space to suit your vision as desired. Centrally located with easy access to everything Capitol Hill and Seattle have to offer, this is an opportunity where business, lifestyle, and long-term potential come together. Your logo belongs here!

Additional Information

Community
Capitol Hill
Building Condition
Good
Style
60 - Comm Bldg Und 10K
Year Built
2010
Roof
Metal
Tax Year
2026
Potential Terms
Cash, Conventional, Owner Will Carry, See Remarks
Flooring
Ceramic Tile, Concrete, Engineered Hardwood
Driving Directions
GPS. Street Parking.
Electric Expenses
1433
Other Expenses
2000
Energy Source
Electric, Natural Gas
Net Operating Income
$50,066
Gross Scheduled Income
$66,840
Water/Sewer/Garbage Expenses
$1,279
Total Expenses
$16,773
Based on information submitted to the MLS GRID as of . 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.
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