Active · Land

1908 E Madison Street , Seattle, WA 98122

Seattle, WA 98122

$1,550,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by COMPASS · MLS #2581574 · Active

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About this property

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.

Property details

Property type: Land
Lot size: 5,384 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $28,860 (2026)
School district: Seattle

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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