1315 E Madison St, Seattle, WA 98122

NNN Retail · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: multi-story mixed-use with ground-floor retail, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 1,026 reachable nnn retail buildings in Seattle. Larger than 32% of nnn retail buildings in Seattle (median 5,208 SF), derived from assessor records.

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Building size: 3,560 SF, King County Assessor
Lot size: 1,927 SF, King County Assessor
Year built: 1911, King County Assessor
Stories: 1, King County Assessor
Predominant use: Tavern, King County Assessor
Assessed value: $1,192,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $334.83/SF, derived from assessor records
Lot coverage: 185%, derived from assessor records
Vintage: pre-war vintage
Zoning: NC3-75 (M), King County
County use code: Tavern/Lounge
Construction (observed): steel glass, AI estimate from public imagery
Parking (observed): street only, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

1401 12th Ave, Seattle · 0.1 mi · 35,340 SF · built 1913 · assessed $339.56/SF
1522 12th Ave, Seattle · 0.2 mi · 7,240 SF · built 1922 · assessed $482.49/SF
1417 12th Ave, Seattle · 0.2 mi · 56,378 SF · built 2015 · assessed $390.42/SF
1117 12th Ave, Seattle · 0.2 mi · 6,640 SF · built 1919 · assessed $418.90/SF
912 12th Ave, Seattle · 0.2 mi · 11,433 SF · built 1930 · assessed $456.83/SF
1100 E Pike St, Seattle · 0.2 mi · 16,224 SF · built 1912 · assessed $242.23/SF

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Sale history and market context

MakeMe Estimate: $1,316,916 (estimated market value), with a likely range of $1,100,153 to $1,492,054 (half of recent verified sales in this segment landed inside that range). Based on 152 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

2 administrative transfers (no consideration), 1994 to 2011

1994-08-10: $5,000 from Private party to Private party (part of a 2-parcel sale; price is the whole deal), rec. 199408250263

1994-08-04: $5,000 from Private party to Private party (part of a 2-parcel sale; price is the whole deal), rec. 199408250261

1994-08-02: $5,000 from Private party to Private party (part of a 2-parcel sale; price is the whole deal), rec. 199408250258

1994-08-02: $5,000 from Private party to Private party (part of a 2-parcel sale; price is the whole deal), rec. 199408250262

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $226,700 (2011) to $1,192,000 (2026), up 426% over 15 years, per county tax rolls. The 2026 roll splits $1,192,000 into $1,011,600 land and $180,400 improvements.

Zoning: NC3-75 (M) (per King County)

Lot: 1,927 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Bar/Tavern 3,560 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)