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Listed by Coldwell Banker Evergreen
$ 1,650,000
Est. payment /mo
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 6000 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. 4900 sq ft of retail space also available for lease for $12.00 NNN.
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
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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