1005 Adams Street SE Olympia, WA $ 1,100,000
1005 Adams Street SE
$ 1,100,000
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1005 Adams Street SE

Olympia, WA, 98501
$ 1,100,000
Baths0.0

Monthly Estimate*

$ 7,684

Listed by Real Broker LLC
1005 Adams Street SE, Olympia, WA 98501 - Image 1
1005 Adams Street SE, Olympia, WA 98501 - Image 2
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1005 Adams Street SE, Olympia, WA 98501 - Image 4
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1005 Adams Street SE, Olympia, WA 98501 - Image 6
1005 Adams Street SE, Olympia, WA 98501 - Image 7
1005 Adams Street SE, Olympia, WA 98501 - Image 8
1005 Adams Street SE, Olympia, WA 98501 - Image 9
1005 Adams Street SE, Olympia, WA 98501 - Image 10
1005 Adams Street SE, Olympia, WA 98501 - Image 11
1005 Adams Street SE, Olympia, WA 98501 - Image 12
1005 Adams Street SE, Olympia, WA 98501 - Image 13
1005 Adams Street SE, Olympia, WA 98501 - Image 14
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Studio

Lots and Land for sale in Olympia, WA

for $1,100,000. The lot size is 0.2479.

Excellent redevelopment site in Olympias downtown Opportunity Zone. Prominently located near the State Capital this 10,800 SF site is a perfect opportunity for a mixed-use development. Previous plans for a 42 unit 6 story building with Retail on the ground floor and 42 residential units above, available upon request. This Site features territorial views of the Olympic Mountains and Mount Rainier. The site currently has 6 multifamily units to provide income while going through the design and permitting process. Low vacancy rates and excellent proximity to the State Capital combined with the excellent tax advantages of being in an opportunity zone make this an excellent investment opportunity.

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Lots and Land Active

Price

$ 1,100,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 11,416

Style

Comm/Industrial

Lot Size

0.2479

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2212484

Features
General
Sewer Available
Utilities Natural Gas Available Electricity Available
Possession Closing Tenant's Rights
HOA 0
View Mountain(s) Sound Territorial
Property SubType Land
Tax Year 2023
County Thurston
Property Type Land
HOA / Comm Assn N
Subdivision Name Olympia
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From 6th go South on Adams home is just pass 10th on the right side grey with a covered porch. Sign is down in the yard.
High School Olympia High
City Olympia
Buyer Agent Compensation 2.5
View Y/N Y
Senior Community Y/N N
High School District Olympia
MLS Area 447 - Olympia North
Lot Size Square Feet 10800
Waterfront Y/N N
Carport Y/N N
Street Name Adams
Listing Terms Cash Out
Tax Annual Amount 11416
Public Remarks Excellent redevelopment site in Olympias downtown Opportunity Zone. Prominently located near the State Capital this 10 800 SF site is a perfect opportunity for a mixed-use development. Previous pla
Structure Type Industrial
Building Area Units Square Feet
Standard Status Active
Gas Status On Property
Zoning Class Multi-Family
Property Style 43 - Comm/Industrial
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Exterior
Lot Features Paved
Water Source Available
Building Area Total 0
Lot Size Acres 0.2479
Road Surface Type Paved
Lot Size Units Square Feet
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Electric On Property Y/N N
Living Area Units Square Feet
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Internal Only
OriginalMLSID NWM2212484
Street Number 1 1005
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* Excluded Features
List By
Kristy Woodford

Listing Agent

Real Broker Llc

Broker

Affordability Calculator

$8,635
Per Month
89%
11%
0%
Monthly Principal & Interest
$7,684
Monthly Property Taxes
$951
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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Nearby
258425 Elementary School
257277 Middle School
Olympia High High School
Pricing History
DatePricePrice ChangeDescription
3/20/2024$1,100,000 Listed Price

Map


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1005 Adams Street SE, Olympia, WA, 98501 is a Lots and Land for sale at $1,100,000 with a lot size of 0.2479. 1005 Adams Street SE is a studio with 0.0 baths. The property's zip code is 98501 which is in Olympia, WA