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    166 Roy St Seattle, WA 98119

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    For Sale
    $2,895,000

    Mixed-use property in Lower Queen Anne, steps from Climate Pledge Arena.

    Property size:
    2,741 SF
    Lot size:
    0.12 Acres

    Property Features for 166 Roy St

    General Information

    Size
    2,741 SF
    Lot size
    0.12 Acres

    Source: Paragon Real Estate Advisors Agent Brian Platt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Queen Anne Mixed-Use Opportunity

    Located in the heart of Lower Queen Anne, this mixed-use property offers flexibility for owner-occupancy, income-producing investment, or redevelopment. The existing building features a top-floor one-bedroom, one-bathroom unit complete with a large private terrace. The first two floors consist of office space that has undergone extensive renovations totaling roughly $450,000 since 2022. Currently occupied by a tenant who will vacate at closing, the building provides an ideal opportunity for an owner-user. Originally rebuilt from the foundation in 2004, the property combines modern updates with long-term potential in one of Seattle’s most dynamic neighborhoods. The property is situated steps from Climate Pledge Arena, the Space Needle, and an array of restaurants, cafes, and entertainment venues. The property contains 2,741 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Melissa Cho Optometrist

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3533197
    Latitude
    47.6256151

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in Lower Queen Anne, steps from Climate Pledge Arena.
    Where is this mixed-use property located?
    The property is located at 166 Roy St Seattle, WA.
    What is the asking price?
    The asking price for this property is $2,895,000.
    What are key features of this property?
    This property features: - Prime location in Lower Queen Anne, steps from Climate Pledge Arena and the Space Needle.; - Ideal for owner-occupancy, income-producing investment, or redevelopment.; - Extensive office renovations totaling approximately $450,000 since 2022.
    (206) 812-9130
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    166 Roy St Seattle, WA 98119
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    Seattle, WA 98119
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    166 Roy St Seattle, WA 98119
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