Seattle · Commercial sale
600 Stewart Street buys 600 Stewart St in Seattle for $12.5 million
An office building at 600 Stewart St, Seattle sold for $12,500,000 on September 17, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $12,500,000
- Sold
- September 17, 2026
- Property type
- Office building
- Lot size
- 21,351 sq ft
The office building at 600 Stewart St sold for $12,500,000, 67% below its recorded market value, according to the King County Department of Assessments' sales records.
The sale closed on September 17, 2026. The record lists BGO Plaza 600 JV LLC as the seller and 600 Stewart Street LLC as the buyer.
Assessor's records show a 21,351-square-foot lot and a market value on record of $37,642,000.
What this sale costs to close
What does closing cost at this price? Under King County custom the seller's larger charges are $344,075 for the state real estate excise tax (graduated) and $62,500 for the local real estate excise tax (0.50%). The seller's estimated net is $11,987,448 before brokerage commissions and any loan payoff. A cash buyer would need about $12,420,868 at closing.
Source: King County Department of Assessments, real property sales, document 3396080. 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.
