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Hotel Seattle 315 Seneca St 82 Room Hotel Seattle, WA 98101 For Sale
Executive Summary
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.
Property Facts
| Sale Type | Investment | Construction Status | Under Renovation |
| Sale Condition | Deferred Maintenance | Building Size | 36,240 SF |
| Property Type | Hospitality | No. Rooms | 82 |
| Property Subtype | Hotel | No. Stories | 12 |
| Building Class | B | Year Built/Renovated | 1926/2026 |
| Lot Size | 0.08 AC | Corridor | Interior |
| Zoning | DOC1 U/450 | ||
| Sale Type | Investment |
| Sale Condition | Deferred Maintenance |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.08 AC |
| Construction Status | Under Renovation |
| Building Size | 36,240 SF |
| No. Rooms | 82 |
| No. Stories | 12 |
| Year Built/Renovated | 1926/2026 |
| Corridor | Interior |
| Zoning | DOC1 U/450 |
Amenities
- Fitness Center
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 5 | $200.00 | - |
| Guest Room | 77 | $168.00 | - |
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Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 094200-0120 | Improvements Assessment | $3,331,600 |
| Land Assessment | $7,200,000 | Total Assessment | $10,531,600 |
Property Taxes
Parcel Number
094200-0120
Land Assessment
$7,200,000
Improvements Assessment
$3,331,600
Total Assessment
$10,531,600
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