100 Roy StSeattle, WA 98119

  • Office properties
  • 34,976 SF
For Lease
$32/SF/YR View listing

Property Details for 100 Roy St

Year built
1912
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.28 AC
Property size (Sq ft)
34,976 SF
Zone code
SM-UP 85 (M1)
Property type
Office properties
Property subtype
Other office properties
APN
387990-0640
APU
3879900640

Description

This exceptional Queen Anne commercial property offers a unique blend of retail and office space, ideal for a variety of businesses. Located in the thriving Lower Queen Anne submarket of King County, this three-story, 34,976 square foot building boasts a prime location just two blocks from the revitalized Climate Pledge Arena. Built in 1912, the property is classified as Class C and features a desirable mix of creative and traditional office spaces within a multi-tenant environment. The building sits on a 23,522 square foot lot and provides ample parking with 50 spaces available. The zoning is designated as SMUP. Currently, one retail space of 1,480 square feet is available for lease. This vibrant neighborhood is home to a diverse range of businesses, including the Behnke Center for Contemporary Performance, The Sitting Room, and Three Dragons Academy, creating a dynamic and attractive environment for new tenants. The proximity to the Climate Pledge Arena ensures high foot traffic and visibility, drawing customers from across Seattle and beyond. This presents a rare opportunity to establish a presence in a sought-after location with strong community ties and excellent accessibility. The property's APN is 3879900640.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,464,592
    6.5%
    $8,736,546
    7%
    $8,112,507
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,379,303
    Geo Method
    $6,735,678
  • Alternative Use

    Use
    Valuation
    Residential
    $10,833,317
    Hospitality
    $9,923,260
    Educational
    $8,256,036
    Medical
    $8,539,974
    Retail
    $12,842,723
100 Roy St, Seattle, Washington

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.6259
Longitude
-122.358
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$18,125
$792,000
$162,700
$954,700
-
$792,000
$162,700
$954,700

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