WA > Olympia > Olympia
Olympia, WA 98501,509 4th AVE E
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ONE Real Estate

ONE Real Estate

+1(360) 201-0908
Listed by Coldwell Banker Evergreen
$ 1,650,000
Est. payment /mo
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Active

509 4th AVE E Olympia, WA 98501

0.32 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Olympia

MLS Listing ID 2327855

Style 61 - Comm Bldg Ovr 10K

Year Built 1925

Lot Size 0.316 Acres

Property Sub-Type Commercial Industrial

Property Description

This 13,657 SF building on 4th has so many possibilities. Currently there is a 4900sq ft show room with one restroom and two 1200sq ft storage areas in the back. Ballet NW leases the 6,000 SF that fronts on Jefferson until 5/27 for $76K per year (plus property tax and utilities). The seller is willing to divide the building into two spaces and will sell the front 4900 SF on 4th plus the two 1200sq ft storage areas for $899,000. The 600 sq ft portion leased to NW Ballet on Jefferson can be purchased for $815,000. Seller has renderings for a new live-work plan for 5 units that would front on 4th Ave, Across the street from Well 80. See Attachment for drawings.

Location

State WA

County Thurston

Area 447 - Olympia North

Interior

Interior Features Concrete

Flooring Concrete, Other

Fireplace false

Exterior

Exterior Feature Brick

Roof Type Torch Down

Others

Senior Community No

Acceptable Financing Cash Out, Lease Purchase, Owner Financing

Listing Terms Cash Out, Lease Purchase, Owner Financing

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
agent

ONE Real Estate

Broker

+1(360) 201-0908

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