Building Details

Year Built 1919

Listing Agency: KELLER WILLIAMS RTY TACOMA g***@windermere.com Show Phone

Listed By: GREG STOCK

Source: Corcoran

Added: Apr 25, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS RTY TACOMA

Investment Insights

Based on property information with market context.

This property presents an opportunity to renovate a boutique hotel in Seattle's Georgetown neighborhood. The 21-room hotel is situated in a high-traffic location on E Marginal Way S, offering proximity to the freeway, specifically I-5, and Alki Beach. The surrounding area features breweries, restaurants, and nightlife. The building's tax assessment is $1,945,500.

Key Highlights

• High‑traffic location on E Marginal Way S in Georgetown.
• 21 rentable rooms.
• Close proximity to I‑5 and Alki Beach.

Property Analytics

Property Profile

Current Use

Hotels

Suggested Use

Top Pick Nail Salon Pharmacy Barber Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

759

Businesses Nearby

Explore this area Business Placement

Demographics for 98108, WA

25,009

Population

9,096

Households

2.7

Avg Household Size

37

Median Age

37%

College-Educated

83%

High-School Grad

7.4 sq mi

ZIP Area

3,380

Density / Sq Mi

$90,806

Median Household Income

$48,703

Median Earnings

$1,463

Median Rent

$693,500

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this hotels located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Hotel - 21-room hotel in high-traffic location near I-5 and Alki Beach.

Where is this hotel located?

The property is located at 7070 E Marginal Way Seattle, WA.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: High‑traffic location on E Marginal Way S in Georgetown.; 21 rentable rooms.; Close proximity to I‑5 and Alki Beach.