Seattle · Commercial sale
115 Chhi Belmont Owner buys 115 Belmont Ave E in Seattle for $13 million
A retail building at 115 Belmont Ave E, Seattle sold for $13,000,000 on October 12, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $13,000,000
- Sold
- October 12, 2026
- Property type
- Retail building
- Lot size
- 20,301 sq ft
A retail building at 115 Belmont Ave E in Seattle sold for $13,000,000. The price is 22% above the Assessor’s market value. The sale closed on October 12, 2026.
The seller was 115 Belmont LLC. The buyer was 115 Chhi Belmont Owner LLC. The lot covers 20,301 square feet, the Assessor’s records show.
The Assessor’s market value was $10,659,000. The King County Department of Assessments reported the sale.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in King County?
By our estimate, the seller's two largest charges, not counting prorations, were $359,075 for the state real estate excise tax (graduated) and $65,000 for the local real estate excise tax (0.50%). Who pays what follows King County custom.
How much did the seller net?
By our estimate, the seller netted about $12,515,798. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $12,967,668 at closing. That covers the full price and closing costs.
Source: King County Department of Assessments, real property sales, document 3398730. Property details: King County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
