Listing Office: Coldwell Banker Evergreen Northwest Multiple Listing Service Logo

509 4th Avenue E, Olympia, WA

$1,650,000

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0.32

Acres

About 509 4th Avenue E

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 600 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.

Features of 509 4th Avenue E

MLS® # 2327855
Price $1,650,000
Bathrooms 0.00
Acres 0.32
Year Built 1925
Type Commercial Sale
Sub-Type Commercial Industrial
Status Active

Community Information

Address 509 4th Avenue E
Area 447 - Olympia North
Subdivision Olympia
City Olympia
County Thurston
State WA
Zip Code 98501

Amenities

Is Waterfront No

Interior

Interior Features Concrete
Fireplace No

Exterior

Exterior Features Brick
Foundation Slab

Additional Information

Days on Market 343
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Evergreen

Listing Map

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