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3000 Limited Ln NW
Olympia, WA 98502
Value-Add Medical Office | Seattle-Tacoma MSA · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Medical center within the Seattle-Tacoma combined statistical area, currently income-producing with two tenants, presenting value-add opportunities.
  • Exceptional opportunity for an investor or owner-user in the heart of Washington’s capital city of Olympia.
  • As Olympia is the state capital, it has a high share of office tenants, which contributes to the stable and tight market vacancy rate.
  • The renowned medical plaza is being offered exclusive of former tenant Westcare Clinic, Olympia’s original urgent care.
  • 3000 Limited Lane NW is in excellent condition with recent capital expenditures, including a new roof and resealing of the ample parking lot.

PROPERTY FACTS

Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Property Subtype
Medical
Building Size
11,858 SF
Building Class
B
Year Built
1987
Percent Leased
32%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,858 SF
Building FAR
0.18
Lot Size
1.49 AC
Parcel Number
82520000200
Zoning
PO/RM - Professional Office/ Residential
Parking
50 Spaces (4.22 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Signage
  • Listing ID: 27896217

  • Date on Market: 3/6/2023

  • Last Updated:

  • Address: 3000 Limited Ln NW, Olympia, WA 98502

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