509 4th Avenue E
Olympia, WA 98501
0.32 acres | #2327855
Description
This 13,657 SF building on 4th has so many possibilities. Currently there is a 4900sq ft show room with one restroom and two 1200sq ft storage areas in the back. Ballet NW leases the 6,000 SF that fronts on Jefferson until 5/27 for $76K per year (plus property tax and utilities). The seller is willing to divide the building into two spaces and will sell the front 4900 SF on 4th plus the two 1200sq ft storage areas for $899,000. The 600 sq ft portion leased to NW Ballet on Jefferson can be purchased for $815,000. Seller has renderings for a new live-work plan for 5 units that would front on 4th Ave, Across the street from Well 80. See Attachment for drawings.
Property Details
- Style61 - Comm Bldg Ovr 10K
- Property SubtypeCommercial Industrial
- Date ListedFebruary 03, 2025
- Structure TypeUnspecified
- Original List Price$1,650,000
- InteriorConcrete
- Property TypePurchase
- CountyThurston
- SubdivisionOlympia
- MLS #2327855
- Cost1650000
- MLS #2327855
- Acres0.3161
- Exterior MaterialsBrick
- Year Built1925
- FoundationSlab
- Days on Market (Cumulative)339
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-02-03 22:35:09. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Debbie Draper (#NWM773000)
Listing Office: Coldwell Banker Evergreen (#NWM190)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
