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557 Roy St, Seattle, WA 98109

Urban commercial parcel with an existing parking area and offices occupied under short-term leases.

Property SizeContact for details
Days on Market145

Property Features for 557 Roy St

General Information

Standard status Active
Property subtype Retail, Multifamily, Office
Listing Agency: TEC Real Estate Inc
Listed By: Breffni McGeough · License #WA
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 1:16PM

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 TEC Real Estate Inc

Investment Insights

Based on property information with market context.

This commercial land parcel contains a 41,520-square-foot lot currently improved with a small parking area and Seattle Business Center office space. The offices are leased on short-term agreements, providing the property’s existing occupancy profile while allowing the current configuration to remain clearly defined.

The site is located at 557 Roy St in Seattle’s South Lake Union area. Zoning is identified as SM-UP-85 (M1), with an 85-foot height limit. No studies of any kind have been completed for the property.

Key Highlights

  • 41,520‑square‑foot commercial land parcel
  • SM‑UP‑85 (M1) zoning with an 85‑foot height limit
  • Existing small parking lot on the site

Property Analytics

Current Use

Dawn M. Smallwood, ... Alternative Medicine Practice 557 Roy St ... Parking Lot & Garage Bay Equity Home ... Loan Service Dr. Shannon Kaufman Alternative Medicine Practice Quantum Leap Credit ... Financial Advisor

Suggested Use

Top Pick Auto Parts Store Electrical Service HVAC Service Auto Repair Shop Building Supply Veterinary Clinic

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

5,502
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

Market

Vacancy Rate% for Office in Seattle, WA

8.5% 2019
13.4% 2020
17.6% 2021
19.5% 2022
24.3% 2023
30% 2024
32.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Urban commercial parcel with an existing parking area and offices occupied under short-term leases.
Where is this commercial land located?
The property is located at 557 Roy St Seattle, WA.
What are key features of this property?
This property features: 41,520‑square‑foot commercial land parcel; SM‑UP‑85 (M1) zoning with an 85‑foot height limit; Existing small parking lot on the site
(425) 373-9494 Call to check price and availability
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