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317 State - 317 State Ave NE Land 0.33 Acres of Commercial Land Offered at $900,000 in Olympia, WA 98501

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Investment Highlights

  • Heavy Foot Traffic
  • Redevelopment Potential
  • Located in an Opportunity Zone

Executive Summary

An exceptional commercial lot that presents an outstanding redevelopment opportunity in the heart of downtown Olympia. This property is situated in a highly sought-after area and offers excellent potential for various retail, multifamily, or mixed-use opportunities.
Located in an Opportunity Zone next to the Downtown InterCity Transit Station with easy access from Adams Street NE or State Ave NE.
The Phase I Environmental Site Assessment has been completed.

Property Facts

Price $900,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Mixed Use
Total Lot Size 0.33 AC
Cross Streets Adams Street SE
Opportunity Zone Yes
Zoning Downtown Business

1 Lot Available

Lot

Price $900,000
Price Per AC $2,727,272.73
Lot Size 0.33 AC

This property is situated in a highly sought-after area and offers excellent potential for various retail, multifamily, or mixed-use opportunities. The Phase I Environmental Site Assessment has been completed.

Description

An exceptional commercial lot that presents an outstanding redevelopment opportunity in the heart of downtown Olympia. This property is situated in a highly sought-after area and offers excellent potential for various retail, multifamily, or mixed-use opportunities. Located in an Opportunity Zone next to the Downtown InterCity Transit Station with easy access from Adams Street NE or State Ave NE.

Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
78503300300
Land Assessment
$559,900
Improvements Assessment
$5,700
Total Assessment
$565,600
  • Listing ID: 28453160

  • Date on Market: 5/10/2023

  • Last Updated:

  • Address: 317 State, Olympia, WA 98501

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