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Commercial Land Development Site
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Pending

352 Roy St, Seattle, WA 98109

Four adjacent parcels with SM-UP 65 zoning support a multifamily and ground-level commercial development concept.

Property SizeContact for details
Days on Market1261

Property Features for 352 Roy St

General Information

Standard status Pending
Property subtype Land
Zoning SM-UP 65
Listing Agency: Berkadia
Listed By: Chad Blenz · License #WA 125100
Source: Crexi
Added: Mar 21, 2023 Changed: Aug 30 Last Checked: Aug 31 at 7:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkadia

Investment Insights

Based on property information with market context.

This commercial land offering comprises four adjacent parcels at 352 Roy St. The property includes existing parking, residential activity, and restaurants, creating a mixed-use operating profile while preserving development potential. A preliminary feasibility analysis envisions a seven-story multifamily project with 130 apartments and commercial space at street level.

The site is in Seattle’s Queen Anne neighborhood, northwest of the city’s CBD. Nearby destinations identified for the property include Climate Pledge Arena, the Space Needle, and the Museum of Pop Culture. The proposed Seattle Center Link Light Rail Extension is also cited as a nearby transit factor. Zoning is SM-UP 65, and the assemblage’s existing uses include parking, residential, and restaurant components.

Key Highlights

  • Four adjacent parcels at 352 Roy St, Seattle, WA 98109
  • SM‑UP 65 zoning
  • Preliminary feasibility analysis envisions a 7‑story multifamily project

Property Analytics

Current Use

Basilic Essentially Thai Restaurant gamo Warehouse & Storage Polished Concrete & Stained ... Production Facility

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Adult Day Care Clothing & Fashion Store Mobile Phone Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,034
Businesses Nearby

Demographics for 98109, WA

34,551
Population
23,162
Households
1.5
Avg Household Size
32
Median Age
78%
College-Educated
98%
High-School Grad
1.9 sq mi
ZIP Area
18,185
Density / Sq Mi
$130,845
Median Household Income
$104,202
Median Earnings
$2,329
Median Rent
$986,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Four adjacent parcels with SM-UP 65 zoning support a multifamily and ground-level commercial development concept.
Where is this commercial land located?
The property is located at 352 Roy St Seattle, WA.
What are key features of this property?
This property features: Four adjacent parcels at 352 Roy St, Seattle, WA 98109; SM‑UP 65 zoning; Preliminary feasibility analysis envisions a 7‑story multifamily project
More about this property
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