4315 Tumwater Valley Dr Tumwater, WA 98501
- Office buildings
- 6,048 SF
- 1.79 lot acres
Current Use by Public Records
- Serendipity Academy / School
- Serendipity Children's Center / Preschool
Property Details for 4315 Tumwater Valley Dr
- Year built
- 1988
- Construction
- WOOD FRAME
- Lot size
- 1.79 lot acres
- Property size
- 6,048 SF
- Property type
- Office buildings
- APN
- 3387-00-00100
- APU
- 33870000100
Description
Nestled above the Deschutes River in Tumwater, Washington, this iconic 1.79-acre property presents a unique investment opportunity. Originally constructed in 1988 by Olympia Brewery as a guest lodge, the building boasts five hotel suites and a substantial gathering space complete with a full kitchen. Currently operating as Serendipity Children's Center, the property's Brewery District zoning unlocks a multitude of potential uses. Significant upgrades have been implemented, including a new composite roof, updated HVAC system, renovated kitchen, and new flooring (preserving the original wood flooring underneath). A large, enclosed playground is also a key feature. Most of the plumbing infrastructure for the hotel suites remains intact, offering a solid foundation for restoration or repurposing. The property's prime location overlooking the Tumwater Valley and its proximity to the Deschutes River provide exceptional visibility and appeal. This is a rare chance to acquire a landmark property with a rich history and significant upside potential. The asking price is $2,200,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Olympia
- County
- Thurston
- State
- Washington
- Longitude
- -122.905
- Latitude
- 47.0087
- CBSA code
- 36500
- CBSA name
- OLYMPIA, WA METROPOLITAN STATISTICAL AREA
