Queen Anne Mixed-Use 160 Roy St 9,080 SF 100% Leased Office Building Seattle, WA 98109 $4,300,000 ($473.57/SF)

INVESTMENT HIGHLIGHTS

  • Seller financing available - Negotiable terms
  • Secured six car garage
  • New roof in 2022
  • Top floor penthouse
  • Seismically retrofitted
  • Elevator with private access to the penthouse

EXECUTIVE SUMMARY

Paragon Real Estate Advisors is pleased to announce the sale of the Queen Anne Mixed-Use Building with attractive seller financing terms. The property provides the buyer the option to owner-occupy the penthouse, office space, both, or operate the building as an investment. The penthouse would be an ideal “home away from home” for a buyer looking for a place to call home in Seattle or ideal for short-term rentals to provide extra income.
The building went through major renovations in 2006, including a seismic retrofit, and the addition of the fourth floor penthouse. The penthouse is a gorgeous 3BD/2BTH 2,418 square foot unit on the fourth floor accessed by an elevator from the second floor garage. Designed by an architect, the penthouse rivals $2M condos found on the market with its high-end finishes, gas fireplace, gleaming hardwood floors, Viking range/hood, and high ceilings. The interior dining area opens out to the expansive 1,075 square foot balcony lined with mature landscaping creating privacy and an oasis for entertainment including stunning views of the Space Needle. The hot tub brings the outdoor patio experience to the next level.
The first floor is 2,234 square feet of office space and is currently occupied by Dream Clinic that has a lease until October 2026. The second and third floor are currently unoccupied office space, consisting of 847 square feet on the second floor and 3,209 square feet on the third floor. The six car garage with a roll up door is on the second floor and accessed on the West side of the building. The second floor office space can easily be converted to an apartment unit. Additionally, the zoning allows for the penthouse to be converted to office space (Buyer to verify).

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
9,080 SF
Building Class
B
Year Built/Renovated
1975/2006
Price
$4,300,000
Price Per SF
$473.57
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
2,270 SF
Building FAR
2.10
Lot Size
0.10 AC
Zoning
SM-UP 65 (M)
Parking
6 Spaces (0.66 Spaces per 1,000 SF Leased)
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (76)
Bike Score®
Very Bikeable (85)

PROPERTY TAXES

  • Listing ID: 35383266

  • Date on Market: 4/4/2025

  • Last Updated:

  • Address: 160 Roy St, Seattle, WA 98109