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Dawley 120 Union Ave SE 12,900 SF 100% Leased Office Building Olympia, WA 98501 $600,000 ($46.51/SF)
Investment Highlights
- Easily accessible location
Executive Summary
Property Address: 120 Union Avenue SE, Olympia WA 98501
Tax Parcel Number: 78506400500
Property Description:
The real property includes a 12,900 square foot, 2-story commercial class structure on .30 acres of land and within walking distance to Washington State Capital Building. The facility was constructed in 1956. The property is used to house multiple tenants.
The building is being sold "as is, where is," and is currently occupied.
Zoning: CAP
Deed Conveyance: Quit Claim Deed
Tax Parcel Number: 78506400500
Property Description:
The real property includes a 12,900 square foot, 2-story commercial class structure on .30 acres of land and within walking distance to Washington State Capital Building. The facility was constructed in 1956. The property is used to house multiple tenants.
The building is being sold "as is, where is," and is currently occupied.
Zoning: CAP
Deed Conveyance: Quit Claim Deed
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
12,900 SF
Building Class
C
Year Built
1956
Price
$600,000
Price Per SF
$46.51
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,450 SF
Building FAR
0.87
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
DB
Parking
20 Spaces (1.42 Spaces per 1,000 SF Leased)
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Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 78506400500 | Improvements Assessment | $1,246,300 |
| Land Assessment | $891,900 | Total Assessment | $2,138,200 |
Property Taxes
Parcel Number
78506400500
Land Assessment
$891,900
Improvements Assessment
$1,246,300
Total Assessment
$2,138,200
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Dawley | 120 Union Ave SE