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Property profile & analytics
OFF-MARKET
Commercial real estate

3912 Martin Way Olympia, WA 98506

Built 2006
Property ID
Property summary
AI-generated overview

This exceptional 8,447 square foot commercial building at 3912 Martin Way E, Olympia, WA, presents a unique opportunity for an owner-user. Currently configured as four separate units, the property offers significant flexibility. The units are easily combined to create a larger, cohesive space tailored to a variety of business needs. The sale includes a planned lot split with the adjacent property at 3910 Martin Way, ensuring ample space and independent access. The building boasts a generous 37 parking spaces, with potential for five additional spots, providing convenient parking for employees and clients. The property will be vacant at closing, allowing for immediate occupancy and customization to suit the new owner's specific requirements. This prime Olympia location offers excellent visibility and accessibility, making it an ideal investment for businesses seeking a substantial and adaptable commercial space. The asking price is $1,900,000. This is a rare opportunity to acquire a well-situated, versatile commercial property in a thriving market. The property is zoned for general commercial use. The lot size is zero acres, reflecting the planned lot split. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Year built 2006
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Elizabeth A. Schick, PT Physician
  • Knust Katie L Family Counselor Doctor
  • Holistic Mystic Mermaid Wellness Physician
  • Astrid Robertson Practitioner Service Location Counselor
  • Laura Y. Gustavson, MA Psychotherapist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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