Bought with Specialty Real Estate Group
$1,050,000
$1,200,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
10,443 Sqft Lot
SOLD DATE : 08/26/2025
Key Details
Sold Price $1,050,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Georgetown
MLS Listing ID 2364375
Sold Date 08/26/25
Style 64 - Hotel/Motel
Year Built 1919
Annual Tax Amount $35,022
Lot Size 10,443 Sqft
Property Sub-Type Commercial Industrial
Property Description
Renovate this boutique hotel in the Georgetown neighborhood of Seattle back to life! Great location for proximity to freeway. Close to I5 and Alki Beach. 21-rooms available to book at a high traffic location on E Marginal Way S. Tons of breweries, restaurants, and nightlife nearby for customers. Potential income once renovated will have tons of upside. Building is tax assessed at $1,945,500. Great opportunity for sweat equity!
Location
State WA
County King
Area 385 - Sodo/Beacon Hill
Interior
Flooring See Remarks
Fireplace false
Exterior
Exterior Feature Wood
Roof Type Torch Down
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
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