601 Roy Street
Seattle WA 98109
Sheraton 4-Point Hotel
601 Roy Street Seattle WA 98109
Listing #: 630149 | Status: Available | Last Modified: 3/26/2026 |
For Sale
- Phone:(425) 753-0440
- Email:breffni@breffni.com
- Office Name:TEC Real Estate, Inc.
- Office Phone:(425) 373-9494
- Office Website:
- Call Listing AgentYes
- Use DiscretionNo
NDA required with POF
- Listing Price$ 55,000,000.0
- $/SF$ 447.2
- Listing StatusAvailable
- Days on Market2070
- Asset ClassHotel/Motel
- Terms
- EnvironmentalYes
- BoundaryYes
- Investment Type
- Investment PropYes
- 1031 ExchangeYes
- Gross Income25
- Vacancy Factor %2.00%
- Operating Expenses1
- Net Operating Income23
- CAP Rate 0.00 %
- Dock High Doors
- Semi-Dock Doors
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- RoomsStudio
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- Rooms1Bed/1.5Bath
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- Building StatusExisting
- # of Buildings1
- # of Floors4
- # of Units158
- # of Elevators
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- Bay Depth
- Total Building SF123000
- Net Rentable Area78096
- Total Office SF
- Largest Contiguous SF
- Lot SF29000
- Acres0.67
- Property TypeHotel/Motel
- Office Type
- Building Class
- CountyKing
- VicinityQueen Anne/South Lake Union
- Location DescriptionQueen Anne/South Lake Union
- Second Address
- Cross StreetMercer
- Market AreaQueen Anne/Magnolia
- Tax ID #2249000170
- Additional Parcels
- ZoningSM-SLU-100/95
- # Covered Spaces160
- # Uncovered Spaces-160
- Total Parking Spots0
- Parking Ratio
- Year Built1999
- Year Renovated2020
- Completion Date03/01/2020
- Roof TypePitched/50year
- Construction TypeFramed
Hotel South Lake Union/Queen Anne area
Three Star Hotel Sheraton 4Point with 144 rooms plus 14 suites for a total of 158 units/keys. Recently (March 2020) updated remodel totaling in excess of $5MM. 160 underground secured parking. Well built property in super location with easy access to all the city has to offer. Tax iD #: 2249000170
Five Star location. 144 units plus 14 suites for 158 total units just completed a $5MM remodel/update in perfect condition in every respect.