$2,845,000
Mottman Building
Listing Type: For Sale
Property Type: Office, Retail
Status: Available
CBA ID#: 676021
101 Capitol Way N Suite 12
Olympia, WA 98501

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Commercial Property

Marketing Description:

We are pleased to present the opportunity to acquire the fee simple interest in the historic Mottman Building, a mixed-use building in the heart of downtown Olympia, the capitol of Washington state (“The Offering”). Mostly consisting of small office and mid-sized storefront retail suites, the Offering boasts strong historical occupancy and a 30-stall private parking lot that generates additional income. Situated along the most heavily trafficked thoroughfare in downtown Olympia, the building was constructed in 1888 and expanded in 1911. A full seismic retrofit was completed to shore up the structure and enhance the enduring quality of this historic property, which has been professionally managed for decades.The Offering resides in the Downtown Olympia Historic District and is listed on t

Land Features:

  • Lot Size: 6534 SqFt
  • Lot Acreage: 0.15 Acres
  • Zoning: DB
  • Total Parking: 30
  • Uncovered Parking: 30

Building Features:

  • Building Size: 19200 SqFt
  • Number of Floors: 3
  • Cap Rate: 0.00%
  • Construction: Brick, Concrete, Wood
  • Year Built: 1889
This Listing Supplied Courtesy of Marcus & Millichap, Inc.
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity