400 State - 400 State Ave NE

0.45 Acres of Commercial Land Offered at $1,199,000 in Olympia, WA 98501

INVESTMENT HIGHLIGHTS

  • Significant Redevelopment Potential
  • Phase II Environmental Site Assessment completed with favorable results.
  • Opportunity Zone

PROPERTY FACTS

Price $1,199,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
Total Lot Size 0.45 AC
Cross Streets Adams Street NE
Opportunity Zone Yes

1 LOT AVAILABLE

Lot

Price $1,199,000
Price Per AC $2,664,444.44
Lot Size 0.45 AC

This vacant commercial lot has significant redevelopment potential and is strategically positioned in a highly desirable area. The .45 acres offer a variety of uses, such as retail, multifamily, or mixed-use. Zoned Urban Waterfront. It is situated wi

DESCRIPTION

This vacant commercial lot has significant redevelopment potential and is strategically positioned in a highly desirable area. The .45 acres offer a variety of uses, such as retail, multifamily, or mixed-use. Zoned Urban Waterfront. It is situated within an Opportunity Zone adjacent to the Downtown InterCity Transit Station and can be easily accessed from Adams Street NE or State Ave NE. Phase II Environmental Site Assessment completed with favorable results.

Walk Score®
Walker's Paradise (92)
Bike Score®
Biker's Paradise (99)

PROPERTY TAXES

ZONING

Zoning Code Urban Waterfront (Urban Waterfront)
  • Listing ID: 35136934

  • Date on Market: 3/14/2025

  • Last Updated:

  • Address: 400 State, Olympia, WA 98501