Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling Forced Air
Possession Closing Negotiable Subject To Tenant Rights
Roof Torch Down
HOA Fee 0
Year Built 1928
Topography Level
Property Subtype Commercial Industrial
Tax Year 2026
County Thurston
Net Operating Income 81803
Insurance Expense 5838
Property Type Commercial Sale
HOA N
Subdivision Name Olympia
Possible Use Business Commercial Multi-Family Office Residential Retail
Building Features Disabled Access
Special Listing Conditions None
Status Active
Directions From I-5 take exit 105 toward Port of Olympia. Continue onto Plum St SE. Turn left onto 5th Ave SE. Turn right onto Franklin St SE. Turn right onto Franklin St SE. Turn right onto 4th Ave.
City Olympia
Senior Community Y/N N
Zoning Description Business Commercial Multi-Family Office Residential Retail
MLS Area 447 - Olympia North
Lot Size Units Square Feet
Lot Size Square Feet 4915
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 8525
Property Condition Average
Public Remarks Exceptional investment opportunity in the heart of Downtown Olympia's Creative District. This historic mixed-use commercial building is occupied with eight established tenants providing a diversified
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Water Company City of Olympia
Total Actual Rent 6920
Property Style 60 - Comm Bldg Und 10K
Cap Rate 4