160 Roy StSeattle, WA 98109

Property Details for 160 Roy St

Year built

1975

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.10 AC

Property size (Sq ft)

11,336 SF

Zone code

SM-UP 65 (M)

Property type

Office properties

Property subtype

Office buildings

APN

545730-0675

APU

5457300675

Description

This exceptional Queen Anne mixed-use property, located at 160 Roy St, Seattle, WA 98109, presents a unique investment opportunity. The 9,080 square foot building, constructed in 1975 and extensively renovated in 2006, boasts a prime location and diverse income streams. The renovation included a complete seismic retrofit and the addition of a stunning fourth-floor penthouse. This 2,418 square foot penthouse features three bedrooms, two bathrooms, and a 1,075 square foot balcony offering breathtaking views of the Space Needle. High-end finishes throughout rival luxury condos. The first floor comprises 2,234 square feet of office space, currently leased to Dream Clinic. The second and third floors offer a combined 4,056 square feet of vacant office space, ready for immediate lease or owner-occupancy. The building also includes a secured six-car garage and an elevator providing private penthouse access. A new roof was installed in 2022. The property sits on a 4,320 square foot lot and is zoned SM-UP 65(M). Seller financing is available, making this an attractive proposition for various investment strategies, including owner-occupancy of the penthouse or office space, operation as a rental property, or short-term rental of the penthouse. This lock-and-leave property offers unparalleled convenience and potential in a highly desirable Seattle location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,067,550

  6.5%

  $2,831,584

  7%

  $2,629,328

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,039,906

  Geo Method

  $2,183,087

• Alternative Use

  Use

  Valuation

  Residential

  $3,511,164

  Hospitality

  $3,216,208

  Educational

  $2,675,847

  Medical

  $2,767,874

  Retail

  $4,162,429

Location Insight

City

Seattle

County

King

State

Washington

Latitude

47.6257

Longitude

-122.354

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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