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Investment Highlights

  • Surrounded by Medical Services
  • Close to MultiCare's Capital Medical Center

Executive Summary

Black Hills Medical Park Building 403, located at 403 Black Hills Lane SW, is a single-story Class B office building situated on the Westside of Olympia. Constructed in 1985, this multi-tenant condominium property encompasses a total of 6,072 square feet of general office space. The structure is located on a 31.27-acre parcel and is positioned in close proximity to Multicare. The property is designed for medical and professional use, operating under a multi-tenant condo ownership structure.

Property Facts

Total Building Size 12,827 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Floors 1
Typical Floor Size 12,827 SF
Year Built 1990
Lot Size 0.30 AC
Parking Ratio 4/1,000 SF
Zoning MS - Medical Services

1 Unit Available

Unit C

Unit Size 2,189 SF
Price $549,000
Price Per SF $250.80
Condo Use Office/Medical
Sale Type Owner User
APN/Parcel ID 86000000300
Description

Suite C at 403 Black Hills Lane SW offers 2,189 square feet of flexible medical office space within the Black Hills Medical Park. Constructed in 1985, this Class B single-story condo features two dedicated entrances to facilitate smooth patient and staff flow. The interior layout includes a large reception and waiting area, multiple examination rooms, a designated laboratory space, and private offices for practitioners. Building signage is available to provide clear visibility for your practice.

Sale Notes

This vacant medical office condo presents a rare ownership opportunity on the Westside of Olympia. Priced at $549,000, which equates to $250.80 per square foot, the property accommodates a variety of financing options, including SBA, Conventional, and Cash Out terms. Located in close proximity to Multicare's Capital Medical Center, the suite is ideally positioned for medical professionals seeking to establish or expand their practice in a recognized medical corridor.

403-Black-Hills-Ln-SW_Suite-C_Floorplan
Entry & Waiting Area
Entry & Waiting Area
Entry & Waiting Area
Reception Entry & Waiting Area

+11 More

Reception
View Photo 403-Black-Hills-Ln-SW_Suite-C_Floorplan
View Photo Entry & Waiting Area
View Photo Entry & Waiting Area
View Photo Entry & Waiting Area
View Photo Reception Entry & Waiting Area
View Photo Reception
View Photo Work Room
View Photo 403-Black-Hills-Ln-SW_Suite-C_16
View Photo Restroom
View Photo Restroom
View Photo Exam Room
View Photo Treatment
View Photo Restroom
View Photo Work Stations in Main Corridor
View Photo Office
View Photo Office
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
  • Listing ID: 35401583

  • Date on Market: 4/7/2025

  • Last Updated:

  • Address: 403 Black Hills Ln SW, Olympia, WA 98502

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