sold
Listings/Hotel Seattle
Hotel Seattle
Sale Price: $10,850,000
For more information about this property, please contact the listing broker.
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Sale Summary
We have successfully sold the renowned Hotel Seattle, located in downtown Seattle, for an impressive price of $10.85 million. This historic property features 78 rooms and has been in the ownership’s family for over 50 years. Despite the challenge of the hotel remaining vacant since 2019, our team took an active approach by conducting a broad marketing campaign, attracting over 15 offers, and negotiating a swift closing. The results surpassed expectations, with the final sale price exceeding both the assessed value and appraised value of the property.
Property Details
Address
315 Seneca St
City, State
Seattle, WA
Neighborhood
Downtown Seattle
Rooms
78 (With Suites)
Year Built
1926
Zoning
DOC1 U/40/U
Parcel Size
3,600 SF
Construction Type
Reinforced Concrete
Sale Details
Sale Date
September 27, 2021
sale price
$10,850,000
price per unit
$139,102