Downtown Olympia Investment Opportunity

120 4th Ave E, Olympia, WA

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For Sale

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Fully leased building with three tenants in downtown Olympia.

Type:RETAIL

Lot size:

0.15 Acres

HighLights

Fully leased building provides stable income from 3 tenants.
Prime Downtown Olympia location on 4th Ave and Washington St.
Turn‑key investment property requires minimal effort.
3 separately metered storefronts offer flexibility.
Recently redone ductwork minimizes potential issues.
Sprinkler system installed for safety.

We can help!

Listing Contact

Max Stottlemyre

For Sale

Contact for pricing

Fully leased building with three tenants in downtown Olympia.

Type:RETAIL

Lot size:

0.15 Acres

Added:: Mar 28, 2024
Days on Market:: 808
Last Refresh:: May 20 at 8:49 pm

Property Features for 120 4th Ave E

General Information

Standard status: Active
Lot size: 0.15 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Max Stottlemyre

Listing agent Quint Newell License #113575

Listing office Olympic Sotheby's international realty

Listing date Mar 28, 2024

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Olympic Sotheby's international realty

HighLights

Fully leased building provides stable income from 3 tenants.
Prime Downtown Olympia location on 4th Ave and Washington St.
Turn‑key investment property requires minimal effort.
3 separately metered storefronts offer flexibility.
Recently redone ductwork minimizes potential issues.
Sprinkler system installed for safety.

Overview

This is an investment opportunity located in Downtown Olympia. The fully leased building features three separately metered storefronts. The building is located on 4th Ave and Washington St. The ductwork inside has recently been redone, and the sprinkled space has little to no deferred maintenance. The building has three tenants producing stable income.

Property Profile Location Intelligence

Current Use by Public Records

Odds and Ends (Bike/Boat/Book/etc) Store

Suggested Use

Similar Places Nearby

Capitol Florist — 515 Capitol Way S, Olympia, WA 98501
Fleurae — 222 Capitol Way N, Olympia, WA 98501
Phloxus Farms — 116 Legion Way SE, Olympia, WA 98501

Location Insight

Map
Local Demand

City: Olympia
County: Thurston
State: Washington
Longitude: -122.901
Latitude: 47.0452

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What type of property is this?

Storefront property - Fully leased building with three tenants in downtown Olympia.

Where is this storefront property located?

The property is located at 120 4th Ave E Olympia, WA.

What is the asking price?

The asking price for this property is $1,299,999.

What are key features of this property?

This property features: Fully leased building provides stable income from 3 tenants.; Prime Downtown Olympia location on 4th Ave and Washington St.; Turn‑key investment property requires minimal effort.

120 4th Ave E, Olympia, WA

Fully leased building with three tenants in downtown Olympia.

Property Features for 120 4th Ave E

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Versatile Building with Redevelopment Potential

Olympia Retail, Office, Warehouse Buildings

Well-Maintained Office Building For Sale

Olympia Industrial Outside Storage Yard

Downtown Olympia Office Building

Olympia Medical Office Building For Sale

Olympia Healthcare Investment Opportunity

Turnkey Office Building with ADA Restrooms

Olympia Office Space For Lease

Retail Space Near Highway 101

Turnkey Veterinary Clinic in Olympia

Downtown Olympia Corner Retail Space

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