WA > Olympia > Olympia
Olympia, WA 98501,509 4th AVE E
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
11
Dec
Fri
12
Dec
Sat
13
Dec
Jenn Pederson

Jenn Pederson

+1(808) 205-3000
Listed by Coldwell Banker Evergreen Debbie Draper 
$ 1,650,000
Est. payment | /mo

0.32 Acres Lot

Save
$ 1,650,000
Est. payment | /mo
Save

0.32 Acres Lot

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

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Jenn Pederson

Experience the power of collaboration with Jenn and her Team of highly successful experienced professionals who focus obsessively on the details of your unique needs, process, transactional excellence, and exceeding expectations. With an exceptional reputation, you can expect to inherit decades of resources, connections, and industry/market knowledge required to confidently and successfully execute all your real estate needs.

+1(808) 205-3000

[email protected]

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Jenn Pederson, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

TOUR THIS HOME

509 4th AVE E