Seattle · Commercial sale

Independent Property Owner buys 6 parcels in Seattle for $151.21 million

A group of 6 parcels including 2245 NW 56th St, Seattle sold for $151,205,000 on July 28, 2026. See the seller and buyer net sheets for this sale.

Aerial view of 2245 NW 56th St, Seattle with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: King County Assessor. The photo can predate the sale.
Sale price
$151,205,000
Sold
July 28, 2026
Property type
Group of 6 parcels

A group of 6 parcels including 2245 NW 56th St in Seattle sold for $151,205,000 on July 28, 2026, according to the King County Department of Assessments' sales records.

An aerial photo of the property shows a site that holds 5 buildings and sits at a street corner, with shops and offices around it.

The record lists Holland 24th & Market Investors LLC as the seller and Independent Property Owner LLC as the buyer.

What this sale costs to close

What does closing cost at this price? Under King County custom the seller's larger charges are $4,505,225 for the state real estate excise tax (graduated) and $756,025 for the local real estate excise tax (0.50%). The seller's estimated net is $144,875,147 before brokerage commissions and any loan payoff. A cash buyer would need about $150,426,781 at closing.

Customize this net sheet

2245 NW 56th St, Seattle, WA.

Source: King County Department of Assessments, real property sales, document 3389607. 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.

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