$1,100,000 $5,905 est/mo Sourced by Back At You

1005 Adams Street,Olympia, WA 98501

Olympia WA, 98501

Share with a friend

Description

Excellent redevelopment site in Olympias downtown Opportunity Zone. Prominently located near the State Capital this 10,800 SF site is a perfect opportunity for a mixed-use development. Previous plans for a 42 unit 6 story building with Retail on the ground floor and 42 residential units above, available upon request. This Site features territorial views of the Olympic Mountains and Mount Rainier. The site currently has 6 multifamily units to provide income while going through the design and permitting process. Low vacancy rates and excellent proximity to the State Capital combined with the excellent tax advantages of being in an opportunity zone make this an excellent investment opportunity.

Details

MLS#2212484
Listing TypeFor Sale
StyleFarm or Ranch
Sub-TypeResale
StatusActive
Days On Site89
Listing Provided ByReal Broker LLC | Kristy Woodford
Buying Commision2.5%

Features

Acreage0.25
Property ViewYes

Market Activity 98501

 The three trees icon appears on listings courtesy of NWMLS.

 Listings courtesy of NWMLS as distributed by MLS GRID.

DMCA Notice

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: suppport@realistiq.com

“The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Request a showing

Request a showing

Loading Form
Listings Checked: 21 seconds ago

Contact

Learn More About This Property

StateWA
CountyThurston
CityOlympia
Zip Code98501
Area447 Olympia North
Community NameOlympia
School DistrictOlympia High
Listing VS Median (in Olympia)
Price:
$1,100,000
low | high
Med:
$569,900
98.190909090909% of Average
On Site:
89
low | high
Med:
33.000000
100% of Average
Sourced by Back At You
Listing Updated: June 12, 2024 at 11:26:16 AM PDT