625 UNION AVE SE Active

Olympia,WA 98501

$ 599950

- Bed

- Bath

0 SqFt


Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Olympia

MLS Listing ID 2325187

Style 42 - Multi-Family

Annual Tax Amount $2,723

Lot Size 0.307 Acres

Property Sub-Type Land

Property Description

Located three blocks from the Capitol Building, this 120 ft x 111 ft size lot, 120 ft frontage on Union Avenue SE, making it exceptionally suitable for a variety of developments including apartment buildings, senior housing, homeless shelters, and more due to its "Urban Residential" zoning(UR), which could permit up to 5 story 42 ft height with 85% lot coverage, a 10 ft front setback, 5 ft rear set back, no side setbacks can provide 11,000 SF lot coverage X 4 story building (44,000 SF for 45-60 unit apartment or senior housing or 70 homeless housing units ). No parking required for residential apartment,senior housing or home less shelter . previously used as a parking lot for an office building.

Location

State WA

County Thurston

Area 447 - Olympia North

Exterior

Utilities Available Electricity Available,Natural Gas Available

View Y/N Yes

View Territorial

Building

Lot Description Paved

Sewer Available,In Street

Water Available

Schools

Elementary Schools Lincoln Elementary

High Schools Olympia High

School District Olympia

Others

Acceptable Financing Cash Out

Listing Terms Cash Out

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