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Downtown Olympia Gem

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Downtown Olympia Gem

509 E 4th Ave, Olympia, WA 98501
Retail For Sale Available Built 1925 2 floors Zoning: DB
Asking Price
$1,599,000
Total Building19,490 SF
Land20,974 SF land
MarketOlympia
CountyThurston

Read Overview
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Overview

Property ID
274793
Listing ID
700804
Type
Retail
Asset Class
Retail
Zoning
DB

Description

This 13,657 sq ft building on 4th has so many possibilities. The front showroom has 4900 sq ft + two 1200 sq ft storage areas (one with garage door to alley) The 4900 sq ft is vacant and also for lease for $12 NNN. There is also 6,000 sq ft of space that fronts on Jefferson and is home to Ballet NW. They have a lease until 5/27 & pay $76K per year + taxes & utilities. Seller will consider splitting the building and selling front 4900 sq ft for $899k & 6000 sq ft space for $815,000. Also have new renderings for lease work lofts for the 4900 sq ft portion.

Listing Courtesy of:

DD
Deborah Draper-Aikins
Coldwell Banker/Evergreen
3333 Capitol Blvd S,
Olympia, WA 98501-3305
State: WA City: Olympia ZIP: 98501 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.