1005 Olympia Avenue NE Olympia, WA $ 850,000
1005 Olympia Avenue NE
$ 850,000
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1005 Olympia Avenue NE

Olympia, WA, 98506
$ 850,000
Baths0.0

Monthly Estimate*

$ 5,938

Listed by Virgil Adams Real Estate, Inc.
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Studio

Commercial Property for sale in Olympia, WA

for $850,000. This building was built in 1905 on a lot size of 0.2893.

This is your chance to own a classic piece of Olympia's history---the Rudkin Home is on the Historic Register! Wonderful curb appeal and nice views of the Capitol Dome, the Black Hills, and the Olympics. Largely level and utile lot. The building teems with nuances of Old World charm! Currently being used as office space for seven therapists with potential to create an additional three offices. Conveniently close to everything!

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Commercial Active

Price

$ 850,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,861

Style

Office

Lot Size

0.2893

Year Built

1905

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2049465

Features
General
Interior Features Fir/Softwood Hardwood Wall to Wall Carpet Laminate Hardwood
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Tenant's Rights
Roof Composition
Exterior Features Wood
HOA 0
Year Built 1905
Topography Level
Property SubType Commercial Industrial
Tax Year 2023
County Thurston
Net Operating Income 36486
Insurance Expense 4630
Property Type Commercial Sale
HOA / Comm Assn N
Subdivision Name Bigelow
Possible Use Business Commercial Office Residential
Building Features Disabled Access
Special Listing Conditions None
Status Active
Directions Right on Olympia from East Bay Dr. to building on the right.
City Olympia
Buyer Agent Compensation 2.5
Senior Community Y/N N
MLS Area 447 - Olympia North
Lot Size Square Feet 12600
Carport Y/N N
Street Name Olympia
Listing Terms Cash Out Conventional
Tax Annual Amount 7861
Fuel Expense 2928
Property Condition Very Good
Public Remarks This is your chance to own a classic piece of Olympia's history---the Rudkin Home is on the Historic Register! Wonderful curb appeal and nice views of the Capitol Dome the Black Hills and the Olympi
Structure Type Office
Building Area Units Square Feet
Standard Status Active
Water Company City of Olympia
Total Actual Rent 5400
Zoning Class Business Commercial Office Residential
Water Sewer Garbage 2180
Property Style 73 - Office
Cap Rate 4.3
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Interior
Flooring Softwood Hardwood Laminate Vinyl Carpet
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Living Area Units Square Feet
Power Production Type Natural Gas
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Exterior
Water Source Public
Total Parking 0
Foundation Details Poured Concrete
Building Area Total 0
Lot Size Acres 0.2893
Lot Size Units Square Feet
Covered Spaces 0
Open Parking Y/N N
Irrigation Water Rights Y/N N
Site Frontage 72
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Internal Only
OriginalMLSID NWM2049465
Street Number 1 1005
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* Excluded Features
List By
Spence Weigand

Listing Agent

Virgil Adams Real Estate, Inc.

Broker

Affordability Calculator

$6,593
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,938
Monthly Property Taxes
$655
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/20/2023$850,000 -6.08% Price Down
4/3/2023$905,000 Listed Price

Map


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1005 Olympia Avenue NE, Olympia, WA, 98506 is a Commercial Property for sale at $850,000 with a lot size of 0.2893. 1005 Olympia Avenue NE is a studio with 0.0 baths and was built in 1905. The property's zip code is 98506 which is in Olympia, WA