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8685 Martin Way E 2,205 SF Office Condo Unit Offered at $625,000 in Lacey, WA 98516
Investment Highlights
- Professionally designed office condominium within an established commercial development.
- Two suites currently configured for independent or combined occupancy to maximize functionality.
- Located in a high-visibility corridor with convenient access to Interstate 5 for regional connectivity.
- Flexible floor plan layout suitable for legal, accounting, consulting, and medical administrative uses.
- Shared parking within a professional complex featuring dental, orthodontic, and banking services.
- Surrounded by strong retail presence including Costco, Home Depot, and national dining options.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 61410000500 |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 61410000500 |
Description
The subject property consists of a professionally designed office condominium
unit within an established commercial development. The unit features
efficient floor plan layout suitable for a variety of professional uses including
legal services, accounting, consulting, medical administrative functions, and
general business operations.
unit within an established commercial development. The unit features
efficient floor plan layout suitable for a variety of professional uses including
legal services, accounting, consulting, medical administrative functions, and
general business operations.
Sale Notes
This investment offering provides investors the ability
to purchase a professional office asset in a stable South
Puget Sound market supported by strong government,
healthcare, and professional service employment
drivers.
The property offers an attractive opportunity for an
owner-user seeking to control occupancy costs. The
condominium format provides simplified ownership
structure and reduced operational complexity
compared to traditional multi-tenant office buildings.
The tastefully decorated, contemporary office suite
has an efficient layout. Currently, two suites could be
used separately or combined for more square footage.
Shared parking in professional complex including
pediatric dentist, medical space, orthodontist, and
bank.
to purchase a professional office asset in a stable South
Puget Sound market supported by strong government,
healthcare, and professional service employment
drivers.
The property offers an attractive opportunity for an
owner-user seeking to control occupancy costs. The
condominium format provides simplified ownership
structure and reduced operational complexity
compared to traditional multi-tenant office buildings.
The tastefully decorated, contemporary office suite
has an efficient layout. Currently, two suites could be
used separately or combined for more square footage.
Shared parking in professional complex including
pediatric dentist, medical space, orthodontist, and
bank.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 2 | 2,205 SF | Office | $625,000 ($283.45/SF) | - |
Unit 2
| Unit Size |
| 2,205 SF |
| Condo Use |
| Office |
| Price |
| $625,000 ($283.45/SF) |
| NOI |
| - |
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Unit 2
| Unit Size | 2,205 SF |
| Condo Use | Office |
| Price | $625,000 ($283.45/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 61410000500 |
| Description | |
| The subject property consists of a professionally designed office condominium<br> unit within an established commercial development. The unit features<br> efficient floor plan layout suitable for a variety of professional uses including<br> legal services, accounting, consulting, medical administrative functions, and<br> general business operations.</li></ul> | |
| Sale Notes | |
| This investment offering provides investors the ability<br> to purchase a professional office asset in a stable South<br> Puget Sound market supported by strong government,<br> healthcare, and professional service employment<br> drivers.<br> The property offers an attractive opportunity for an<br> owner-user seeking to control occupancy costs. The<br> condominium format provides simplified ownership<br> structure and reduced operational complexity<br> compared to traditional multi-tenant office buildings.<br> The tastefully decorated, contemporary office suite<br> has an efficient layout. Currently, two suites could be<br> used separately or combined for more square footage.<br> Shared parking in professional complex including<br> pediatric dentist, medical space, orthodontist, and<br> bank.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 8,900 SF | Typical Floor Size | 4,450 SF |
| Property Type | Retail (Condo) | Year Built | 2009 |
| Floors | 2 | Parking Ratio | 1.01/1,000 SF |
| Total Building Size | 8,900 SF |
| Property Type | Retail (Condo) |
| Floors | 2 |
| Typical Floor Size | 4,450 SF |
| Year Built | 2009 |
| Parking Ratio | 1.01/1,000 SF |
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
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8685 Martin Way E
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