$1,550,000
 $8,321 est/mo Sourced by Back At You

1908 E Madison Street,Seattle, WA 98122

Seattle, WA 98122

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Description

Prime buildable 5384 sq ft lot on Capitol Hill, offering incredible potential in a highly sought-after area. Zoned NC3P75 (M), it allows for up to 75 feet tall of future development (6-7 stories), making it ideal for a mixed-use project. Future building can be used as apartments, condos, office space, hotel, grocery or retail. The possibilities are endless! The current structure on the land is 2802 sq ft that was taken down to the studs in 1995. It was previously used as a law office for many years with 10 rooms, 2 bathrooms and an apartment in the basement with a separate entrance that includes a full kitchen. There is also a parking lot in the back that can fit 4 cars. Lots of options for adaptive reuse or redevelopment. Located in a high demand area near major transit routes, shopping, and dining, with easy access to downtown Seattle and surrounding neighborhoods. This site offers unparalleled convenience for future residents and businesses. A prime opportunity to build in an established and high demand community! Seller open to owner financing.

Details

MLS #2581574
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site15
Listing Provided ByCOMPASS | Andrea Hettinga Kearns

Features

ZoningCommercial,Multi-Family,Office,R
Acreage0.12

Taxes

Property28860

Area Information

StateWA
CountyKing
CitySeattle
Zip Code98122
Area390 Central Seattle
Community NameCapitol Hill
Listing VS Median (in Capitol Hill)
Price:
$1,550,000
low | high
Med:
$582,500
100% of Average
On site:
15
low | high
Med:
169.5
8.849557522124% of Average
Sourced by Back At You

Market Activity 98122

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Learn More About This Property

StateWA
CountyKing
CitySeattle
Zip Code98122
Area390 Central Seattle
Community NameCapitol Hill
Listing VS Median (in Capitol Hill)
Price:
$1,550,000
low | high
Med:
$582,500
100% of Average
On site:
15
low | high
Med:
169.5
8.849557522124% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.162M - $1.937M
sqft: 0 - 0
Listing Updated: September 24, 2026 at 5:30:00 PM PDT