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Parcel in Seattle’s International District Sells for Mixed-Use Development
Marcus & Millichap has arranged the sale of International District Mixed Use Site, a 20,160-square feet land parcel in Seattle. The asset sold for $8,000,000.
Leroy Lutu, an investment specialist in Marcus & Millichap’s Seattle office, marketed the property on behalf of the seller, a limited liability company. The buyer, a developer, was secured and represented by Lutu.
International District Mixed Use Site is located at 815 S Weller St in Seattle’s International District, one of eight historic districts recognized by the City of Seattle. The property was sold for land value. The price per square foot on the land was $396. The buyer plans to develop the property into a mixed-use multifamily or hotel development.
- ◦Sale/Acquisition


