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1005 Adams Street SE

Olympia, WA 98501
  • $1,100,000
  • STATUS: Active
  • ID#: 2212484
UPDATED: 211 min ago
$1,100,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Information

High School:
School District:
Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of Real Broker LLC.
Mortgage Calculator is provided by BoomTown.

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.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-05-21T00:16:06.537. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-05-21T00:16:06.537. 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.
www.kwpropertypros.com/homes/148759817
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1005 Adams Street SE Olympia, WA 98501

  • Price: $1,100,000
  • Status: Active
  • On Site: Days
  • Updated: 211 min ago
  • ID#: 2212484
0
Beds
0
Baths
0
½ Baths
0.25
Acres
Neighborhood:
Olympia
County:
Thurston
Area:
Olympia North
High School:
Olympia High
School District:
Olympia
Property 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.
Exterior Features

Carport YN No Lot Features Paved Road Surface Type Paved Structure Type Industrial Style Code 43 - Comm/Industrial View Mountain(s)SoundTerritorial View YN Yes Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 0 Cooling YN No Fireplace YN No Fireplaces Total 0 Heating YN No Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Electric On Property YN No Electricity Status Available FIRPTAYN No First Right Of Refusal No Gas Status On Property Irrigation Water Rights YN No Listing Terms Cash Out Possession ClosingTenant's Rights Possible Use Multi-Family Property Sub Type Land Road Information Paved Senior Community YN No Senior Exemption No Sewer Available Short Term Rental YN No Special Listing Conditions None Tax Annual Amount 11416 Tax Year 2023 Utilities Natural Gas AvailableElectricity Available Water Source Available Zoning Class Multi-Family Zoning Jurisdiction City



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-05-21T00:16:06.537. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-05-21T00:16:06.537. 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.
 
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Keller Williams Realty
1029 E Main Street, Suite 201
Puyallup WA, 98372
Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of Real Broker LLC.
Mortgage Calculator is provided by BoomTown.