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- LoopNet Team
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 | Rentable Building Area | 8,200 SF |
| Property Subtype | Warehouse | Year Built | 1968 |
| 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
The North Olympia Industrial Property at 505 Lilly Rd SE, Olympia, WA 98501 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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