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Listed by:Morrison House Sotheby's Intl • Christina Keller
$929,600
Est. payment /mo
10,334 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Eastside Olympia
MLS Listing ID 2562553
Style 73 - Office
Year Built 2013
Annual Tax Amount $13,150
Lot Size 10,334 Sqft
Property Sub-Type Commercial Industrial
Property Description
Exceptional redevelopment and investment opportunity in the heart of Olympia. Ideally located just 6 minutes from the Washington State Capitol, this General Commercial-zoned property offers outstanding flexibility for a wide range of commercial, residential, and mixed-use possibilities. Situated on 0.24 acres, the property includes two separate buildings totaling over 5,500 square feet, making it ideal for an owner-user, investor, or developer seeking income-producing potential. The 936 SF cottage can function as a private residence, executive office, or administrative space and includes an additional 936 SF basement providing abundant storage or workspace. This versatile building also offers excellent potential for supplemental rental income. The larger 3,712 SF commercial building, formerly a fully operational veterinary clinic, features 2,104 SF on the main floor and 1,608 SF on the second level, complete with a vaulted flex space and full bathroom. The flexible floor plan lends itself to professional offices, medical or wellness uses, educational facilities, or creative workspaces. With General Commercial zoning, existing infrastructure, four on-site parking spaces plus ample street parking, and preliminary potential for conversion into multiple residential units (approximately 3-bedroom, 2-bedroom, and 1-bedroom configurations-buyer to verify), this property presents an exceptional opportunity for adaptive reuse or future redevelopment.
Location
State WA
County Thurston
Area 447 - Olympia North
Interior
Flooring Vinyl, Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Brick, Wood Products
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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