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4500 3rd Avenue SE Lacey, WA $ 5,700,000
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$ 5,700,000 Get more info
4500 3rd Avenue SE
$ 5,700,000
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Share Save

4500 3rd Avenue SE

Lacey, WA, 98503
$ 5,700,000
Bedrooms-- Baths--

Monthly Estimate*

$ 35,561

Listed by RE/MAX Parkside Affiliates
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Commercial Property for sale in Lacey, WA

for $5,700,000. This building was built in 1978 on a lot size of 1.855.

Versatile 32,000 SF Office Building with Exceptional Access. This office building offers outstanding visibility, parking, and immediate access to Interstate 5, making it ideal for a wide range of commercial uses. Strategically located near the city center and the new City Hall, the property offers a high-profile presence. Previously utilized as a call center, the building is equipped with advanced security systems and specialized clean agent fire suppression, making it an excellent fit for data centers, telecom operations, or network infrastructure hubs. Easily converted to residential apartments or Hotel space . Additional room on site for additional 32 units. (see Plans_)

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Commercial Active

Price

$ 5,700,000

Property Type

Commercial

Taxes

$ 58,183

Style

Office

Lot Size

1.855

Year Built

1978

Town/City

Lacey

County/Region

Thurston

MLS | Web ID

2356745
Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air Heat Pump
Cooling Central A/C Forced Air Heat Pump
Possession Negotiable
Roof Built-Up
HOA Fee 0
Year Built 1978
Topography Level
Property Subtype Commercial Industrial
Tax Year 2025
County Thurston
Net Operating Income 121884
Property Type Commercial Sale
HOA N
Subdivision Name Lacey
Possible Use Office
Special Listing Conditions None
Status Active
Directions Use GPS for best results. Northbound I-5 use exit 108 C in Olympia to property on Left just before College.
City Lacey
Senior Community Y/N N
Zoning Description Office
MLS Area 450 - Lacey
Lot Size Units Square Feet
Lot Size Square Feet 80802
Carport Y/N N
Listing Terms Cash Out Owner Financing
Tax Annual Amount 58183
Public Remarks Versatile 32 000 SF Office Building with Exceptional Access. This office building offers outstanding visibility parking and immediate access to Interstate 5 making it ideal for a wide range of commer
Structure Type Office
Building Area Units Square Feet
Standard Status Active
Water Company Public
Total Actual Rent 23674
Property Style 73 - Office
Cap Rate 2
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Exterior
Exterior Amenities Metal/Vinyl
Water Source Public
Total Parking 0
Foundation Details Poured Concrete
Building Area Total 0
Lot Dimensions irregular
Lot Size Acres 1.855
Irrigation Water Rights Y/N N
Site Frontage 270
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Interior
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2356745
Street Number 1 4500
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* Excluded Features
List By
Paul T. McLain

Listing Agent

Re/Max Parkside Affiliates

Broker

Affordability Calculator

$40,409
Per Month
88%
12%
0%
Monthly Principal & Interest
$35,561
Monthly Property Taxes
$4,849
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/15/2025$5,700,000 Listed Price

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4500 3rd Avenue SE, Lacey, WA, 98503 is a Commercial Property for sale at $5,700,000 with a lot size of 1.855. 4500 3rd Avenue SE was built in 1978. The property's zip code is 98503 which is in Lacey, WA

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