206-398-2292
315 Seneca St, Seattle, WA for Sale
Hospitality - FOR SALE
1/34
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315 Seneca St
Seattle, WA 98101
Downtown Seattle


OVERVIEW

Hotel Seattle presents a rare opportunity to acquire an iconic 78-room, 11-story hotel asset in the heart of Downtown Seattle, just four blocks from the waterfront and positioned near the city’s ongoing waterfront revitalization. Originally built in 1926 and totaling approximately 36,240 gross square feet, the property offers a compelling value-add and repositioning opportunity with significant pre-development work already completed. Recent improvements include a new roof with a 20-year warranty, complete elevator modernization, exterior siding work and paint preparation, extensive interior demolition, plumbing repairs, approved construction plans, and a construction permit in hand. With DOC1 U/450/U zoning and preliminary massing completed for a potential apartment conversion, Hotel Seattle provides investors and developers with multiple paths to unlock value through hotel revitalization, adaptive reuse, or long-term redevelopment in one of Seattle’s most central urban locations.

FOR SALE DETAILS

PRICE

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# OF ROOMS

82

CAP RATE

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STATUS

Under Renovation

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hotel Seattle

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

12

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

DOC1 U/450

APN/PARCEL ID

094200-0120

ASK ABOUT THIS PROPERTY

Matthew LairdKidder MathewsMore Info
206-398-2292

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Matthew LairdKidder MathewsMore Info
206-398-2292

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.