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509 Dehart Dr SE
Olympia, WA 98501
Olympia Commercial Lot · Land For Sale · 0.17 AC

Executive Summary

This property offers a wide range of development opportunities including multi-family, office, retail, mixed-use, and more. Situated between Pacific Ave and Martin Way, this location offers excellent visibility and accessibility for your next investment venture. Minutes from I-5. Existing home structure was originally built in 1901 and relocated to the property in 1964. The structure has sustained fire damage and is currently not habitable, presenting an opportunity to rehabilitate, repurpose, or redevelop utilizing the existing footprint. Bring your vision and creativity to this versatile property with endless possibilities. Buyer to verify all information and development potential to their own satisfaction. Bring your agent and check out this investment property.

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.17 AC
Zoning HDC-4

1 Lot Available

Lot

Price $445,000
Price Per AC $2,617,647.06
Lot Size 0.17 AC

Unlock the potential of this uniquely positioned commercial property in the heart of Olympia! Zoned HDC-4 per the City of Olympia.

Property Taxes

Property Taxes

Parcel Number
11818321800
Land Assessment
$127,400
Improvements Assessment
$21,200
Total Assessment
$148,600
  • Listing ID: 40534282

  • Date on Market: 5/14/2026

  • Last Updated:

  • Address: 509 Dehart Dr SE, Olympia, WA 98501

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