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$1,050,000
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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!
Full Property Details
Full Property Details for 7070 E Marginal Wy S
General
- Sold For: $1,050,000
- Taxes: $35,022 (2024)
- Status: Closed
- Type: Industrial
- Source: NWMLS
- MLS ID: 2364375
- Added to Site: 269 day(s) ago
Interior
- Flooring: See Remarks
Parking
- Uncovered Spaces: 20
Location
- Area: 385 - SODO/Beacon Hill
- County: King
- Subdivision: Georgetown
- Driving Directions: Take exit 161 for Albro Place toward Swift AveFollow S Albro Pl Slight left onto Ellis Ave STurn right onto S Myrtle St Destination will be on the right
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Unit(s)
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Hotel/Motel
- Exterior Const.: Wood
- Foundation: Poured Concrete
- Roof: Torch Down
- Year Built: 1919
- Property Condition: Fixer
Lot Features
- Lot Size (Acres): 0.2397
- Lot Size (Sq. Ft.): 10,443
- Lot Size Source: Public Records
- Topography: Level
- Zoning: Commercial
Financial Considerations
- Tax Amount: $35,022
- Tax Year: 2024
- Terms: Cash Out
Disclosures and Reports
- Special Conditions: None
- Surveyed: false
- Property ID: 3468800455
Listed by Greg Stock | Keller Williams Rty Tacoma | (253) 460-8640
Sold by Tracy Zelenka | Specialty Real Estate Group
Get Pre-Approved Today
Schools
Schools serving 7070 E Marginal Wy S
School District:Seattle School District
| Name | Grades | Distance |
|---|---|---|
Maple Elementary School, Seattle, WA 4925 Corson Avenue South, Seattle, WA 98108 | K-5 | 1.3 mi |
Mercer Middle School 1600 South Columbian Way, Seattle, WA 98108 | 6-8 | 1.7 mi |
Franklin High School, Seattle, WA 3013 South Mount Baker Boulevard, Seattle, WA 98144 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7070 E Marginal Wy S
Date
Details
Price
Change
Source
8/26/2025
Sold
$1,050,000
-12.5%
MLS
4/23/2025
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7070 E Marginal Way S, Seattle, WA 98108 (MLS# 2364375) is a Industrial property that was sold at $1,050,000 on August 26, 2025. Want to learn more about 7070 E Marginal Way S? Do you have questions about finding other Industrial real estate for sale in Seattle? You can browse all Seattle real estate or contact a Coldwell Banker agent to request more information.

