Exceptional opportunity with this multi-family development prospect in Olympia, WA. Situated off of Martin Way, a bustling thoroughfare, between three recently established and fully occupied multifamily developments, this parcel is primed for similar success. Preliminary conceptual plans indicate the potential for up to 60 units. Its advantageous proximity to St. Peter's Hospital underscores its strategic location. Centrally positioned between Olympia and Lacey, tenants will enjoy convenient access to a variety of amenities including retail, dining, and Interstate-5, facilitating a seamless commute to Joint Base Lewis McChord (JBLM) for military personnel, as well as civilian, and state employees. This is zoned HDC-4 in the City of Olympia.
Mls | 2233030 |
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Listing Type | For Sale |
Style | Detachd |
Subtype | Resale |
Status | Active |
Year | 1930 |
Days On Site | 214 |
Listing Provided By | Keller Williams South Sound | Jason Munoz |
Beds | 2 |
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Baths | 1 Total |
Sq Feet | 1,848 |
Car Port | Yes |
Storys | 1 |
Zoning | HDC-4 |
Acreage | 1.02 |
Property View | Yes |
State | WA |
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County | Thurston |
City | Olympia |
Zip Code | 98501 |
Area | 447 Olympia North |
Community Name | Olympia |
School District | North Thurston |
Listing VS Median (in Olympia) | |
Price: $1,300,000 low | high Med: $549,900 SqFt: 1,848 low | high Med: 2,370 $ / SqFt: $703 low | high Med: $232 On Site: 214 low | high Med: 102.000000 |