PROPERTIES FOR SALE

1005 Adams Street SE Olympia, WA 98501

NWMLS Courtesy of Real Broker LLC
1005 Adams Street SE
Olympia, WA 98501
$1,100,000
Land
0 Beds
0.00 Baths
0 SqFt
Active
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Excellent redevelopment site in Olympias downtown Opportunity Zone. Prominently located near the State Capital this 10,800 SF site is a perfect opportunity for a mixed-use development. Previous plans for a 42 unit 6 story building with Retail on the ground floor and 42 residential units above, available upon request. This Site features territorial views of the Olympic Mountains and Mount Rainier. The site currently has 6 multifamily units to provide income while going through the design and permitting process. Low vacancy rates and excellent proximity to the State Capital combined with the excellent tax advantages of being in an opportunity zone make this an excellent investment opportunity.

Property Features

Community: Olympia
Comm/Industrial
View: Mountain(s)
View: Sound
View: Territorial
Pool: Above Ground
2023 Taxes: $11416.00
Listing #: 2212484

Lot Details

Lot Size: 0.25 acres
Paved
Road: Paved

Utilities

Electricity: Available
Water: Available
Gas: On Property
Sewer: Available

Schools

District: Olympia
High: Olympia High
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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