Prime Downtown Investment Opportunity – Fully Leased Retail with Rare On-Site Parking Located in the heart of downtown Olympia, this fully renovated mixed-use retail property presents a rare opportunity for investors seeking stable cash flow and long-term upside (Great CAP Rate). This 2000+ SF… Read More building features two fully leased retail storefronts, generating consistent income with strong tenant demand in a high-visibility location. Recent upgrades include a brand-new roof and interior renovations, significantly reducing near-term capital expenditures and enhancing tenant appeal. Ideal for investors seeking a turnkey, income-producing asset with both stability and future appreciation potential. Read Less
Listing courtesy of WeLakeside
Listing Snapshot
Cumulative Days On Market
399
Days on Website
25
Last Updated
Property Type
Industrial
Lot Size
0.14 Acres
Year Built
1946
Property Tax
$3,097
MLS Number
2518287
30 Days Snapshot Of 98501
$585k
0%
(avg) sold price
47
+6%
homes sold
61
-19%
(avg) days on market
Additional Details
Building
Building Area Total: 0, Building Area Units: Square Feet, Calculated Square Footage: 0, Elevation Units: Feet, Living Area: 0, Number Of Units Total: 2, Structure Type: "Industrial", Year Built: 1946, Year Built Effective: 1946
Expenses
Other Expense: 2000
Fireplaces
Fireplaces Total: 0
Floors
Flooring: "Concrete"
Foundation
Foundation Details: "Block"
Home Owner's Association
Association Fee: $0
Lot
0 acres, 6098 square feet
Parking
Parking Total: 0
Property
Zoning Description: Commercial
Sewer
Sewer: "Sewer Connected"
Utilities
Electric Expense: 2000, Fuel Expense: 2000, Power Production Type: "Electric", Water Source: "Public"
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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