$1,550,000
1908 Madison Street
Seattle, WA 98122
Beds
—
Baths
—
Sq Ft
—
Lot
0.12 ac
Year built
—
Type
Land
Days listed
5
MLS #
2581574
About this home
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
- Lot
- Paved, Sidewalk
- Water source
- On Property
- Sewer
- On Property
- Utilities
- Electricity Connected, Natural Gas Available
Costs
- Annual taxes
- $28,860 (2026)
Estimate your monthly payment
$10,243/mo
- Principal & interest
- $7,838
- Property taxes
- $2,405
Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.
Location
Seattle, WA 98122
Approximate location. Contact us to confirm the exact address.
Listing courtesy of COMPASS— Andrea Hettinga Kearns.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
Interested in this home?
Request a private tour or ask a question — a local agent will respond personally.