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Jae's Asian Bistro & Sushi & 2801 E Madison Street
2801 E Madison St Seattle WA 98112
Listing #: 686685 | Status: Pending | Last Modified: 9/19/2024
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 64,479 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 15,293 |
| Net Operating Income | 49,186 |
| CAP Rate | 3.28 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Retail Asset Class Info | |
|---|---|
| Crane Tonnage | 0 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 1 |
| # of Elevators | 0 |
| A/C | Yes |
| Total Building SF | 2,015 SF |
| Net Rentable Area | 2,015 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 2,015 SF |
| Lot SF | 4,001 SF |
| Acres | 0.09 |
| Year Built | 1905 |
| Year Renovated | 2000 |
| Construction Type | Wood |
| Property Type | |
|---|---|
| Property Type | Retail |
| Location | |
|---|---|
| County | King |
| Cross Street | 28th Ave E |
| Market Area | Capitol Hill/First Hill |
| Tax ID # | 5016000590 |
| Zoning | NC2P-55 (M) |
Jae's Asian Bistro & Sushi 2801 E Madison St
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. Roof is 5 years old.
Jae's Asian Bistro & Sushi & 2801 E Madison Street
2801 E Madison St Seattle WA 98112
Listing #: 686685 | Status: Pending | Listing Date: 9/11/2024 | Last Modified: 9/19/2024 | Email Listing
For Sale
Jae's Asian Bistro & Sushi & 2801 E Madison Street
