This Property is no longer advertised on LoopNet.com.

505 Lilly Rd SE
Olympia, WA 98501
Property For Lease

Property Overview

5000 square feet Multi Use warehouse with a fenced bullpen. Loads of parking. Centrally located next to Interstate 5 on the Lacey/Olympia Line. There's a liquidation warehouse next door and a self-serve commercial size gas station. Large Parts room upstairs. Customer waiting room and 2 offices. Large counter area. Handicap equipped Restroom. Office floors are being replaced at the end of August when the current tenants lease expires. This facility has housed a boat storage facility, auto repair shop, car dealership and a door manufacturer. It could work as a general warehouse or for any business that needs a 5,000 square feet space to operate. Water and sewer is included in the rent. I am looking for an established business as a tenant. 3-to-5-year lease preferable. The building will be empty and available in September 2023. I am also interested in the possible sale of the entire property. It is currently listed at 1.2 million but will be pulled off the market once I re-lease this building. The entire property also includes another 3,200 square foot warehouse building under lease. This property is an excellent investment opportunity for an owner operator. As well a an excellent 1031 exchange property. Call Paul at 480-432-7066 for questions if interested.

Property Facts

Property Type Industrial
Property Subtype Warehouse
Rentable Building Area 8,200 SF
Year Built 1968

Features and Amenities

  • 24 Hour Access
  • Fenced Lot
  • Signage
  • Listing ID: 28991805

  • Date on Market: 7/13/2023

  • Last Updated:

  • Address: 505 Lilly Rd SE, Olympia, WA 98501

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}