3905 Martin Way Olympia, WA 98506
- Office Properties & Spaces
- 9,600 SF
- 0.66 lot acres
Current Use by Public Records
- meridian campus, lacey wa / Real Estate Agency
- Haley Chatfield - Real Estate Broker / Real Estate Agency
- We Buy Houses Washington / Real Estate Agency
- Soul Made Whole / Counselor
- Holly Fisher Realtor / Real Estate Agency
Property Details for 3905 Martin Way
- Year built
- 1988
- Construction
- WOOD FRAME
- Lot size
- 0.66 lot acres
- Property size
- 9,600 SF
- Property type
- Office Properties & Spaces
- APN
- 1181-72-40801
- APU
- 11817240801
Description
This exceptional two-story, 9,600 square foot Class C office building, constructed in 1988, presents a fantastic opportunity in Thurston County. Situated on a 0.81-acre lot, the property offers convenient access to I-5, downtown Olympia, and Lacey, making it an ideal location for businesses seeking easy commutes and strong regional connectivity. The building features two suites, with available spaces ranging from 1,240 to 2,855 square feet, providing flexibility for various business needs. Amenities include ample parking at both the front and rear of the building, ensuring convenient access for employees and clients. Inside, the building boasts a range of features designed to enhance productivity and collaboration. These include nine mostly furnished private offices, two kitchen areas, dedicated conference space, a copy center, extra cubicles, and office storage located conveniently under the stairs. Suite A2 also offers the added benefit of a private mezzanine. The property also includes the use of the main backlit monument sign on Martin Way, providing excellent visibility and branding opportunities. This well-maintained building offers a blend of functionality and convenience, making it an attractive option for businesses seeking a comfortable and productive work environment. The multiple tenancy structure provides a diverse tenant base and potential for strong rental income.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,310,000
- 6.5%
- $1,210,000
- 7%
- $1,125,000
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Location Insight
- Map
- Local Demand
- City
- Olympia
- County
- Thurston
- State
- Washington
- Longitude
- -122.839
- Latitude
- 47.0472
- CBSA code
- 36500
- CBSA name
- OLYMPIA, WA METROPOLITAN STATISTICAL AREA