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Queen Anne Development Opportunity
For Sale
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Pending

356 Roy St, Seattle, WA 98119

Four adjacent parcels in Seattle's Queen Anne neighborhood.

Property Size23,087 SF
Days on Market100

Property Features for 356 Roy St

General Information

Standard status Pending
Size 23,087 SF
Property subtype Commercial
Listing Agency: BERKADIA REAL ESTATE ADVISORS, LLC
Listed By: STEVEN CHATTIN
Source: Corcoran
Added: May 20 Changed: Aug 8 Last Checked: Jul 23 at 9:46AM

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 REAL ESTATE ADVISORS, LLC

Investment Insights

Based on property information with market context.

An opportunity exists to acquire four adjacent parcels in Seattle’s Queen Anne neighborhood, northwest of the city’s central business district. The site benefits from a visible location surrounded by economic drivers and transit options, including Climate Pledge Arena, the Space Needle, the Museum of Pop Culture, and the proposed Seattle Center Link Light Rail Extension. The site is currently generating income through parking, residential units, and existing restaurants. A preliminary feasibility analysis suggests a 7-story multifamily development with 130 apartments and ground-level commercial space.

Key Highlights

  • Prime Queen Anne location near Seattle's CBD and major attractions
  • Development opportunity: Preliminary feasibility supports a 7‑story multifamily development with 130 apartments and ground‑level commercial space
  • Income‑generating property currently generating income through parking, residential, and existing restaurants

Property Analytics

Current Use

Commercial land

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 98119, WA

26,238
Population
15,323
Households
1.7
Avg Household Size
35
Median Age
71%
College-Educated
99%
High-School Grad
2.4 sq mi
ZIP Area
10,933
Density / Sq Mi
$125,021
Median Household Income
$74,038
Median Earnings
$1,963
Median Rent
$1,032,500
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 in Seattle's Queen Anne neighborhood.
Where is this commercial land located?
The property is located at 356 Roy St Seattle, WA.
What are key features of this property?
This property features: Prime Queen Anne location near Seattle's CBD and major attractions; Development opportunity: Preliminary feasibility supports a 7‑story multifamily development with 130 apartments and ground‑level commercial space; Income‑generating property currently generating income through parking, residential, and existing restaurants
More about this property
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