Provided by NWMLS, Listed by Keller Williams South Sound

Active

423 Franz Anderson Road SE

Olympia WA, 98501

$1,300,000


$703.46 per sqft

Active

2 Beds

1 Bath

1,848 sqft

Residential

Built in 1930

Exceptional opportunity with this multi-family development prospect in Olympia, WA. Situated off of Martin Way, a bustling thoroughfare, between three recently established and fully occupied multifamily developments, this parcel is primed for similar success. Preliminary conceptual plans indicate the potential for up to 60 units. Its advantageous proximity to St. Peter's Hospital underscores its strategic location. Centrally positioned between Olympia and Lacey, tenants will enjoy convenient access to a variety of amenities including retail, dining, and Interstate-5, facilitating a seamless commute to Joint Base Lewis McChord (JBLM) for military personnel, as well as civilian, and state employees. This is zoned HDC-4 in the City of Olympia.

2233030

MLS ID

April 25, 2024

Listed

October 2, 2024

Updated

Map

423 Franz Anderson Road SE
Olympia WA, 98501

Interior Features

Total Stories

1


Bedrooms

2


Total Bathrooms

1


Full Bathrooms

1


Interior Features

Hardwood


Floor Description

Hardwood


Fireplace

No


Fireplace Description

Electric


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

1.02 Acres


Exterior Features

Wood, Wood Products


Lot Features

Value In Land


Roof

Composition


Sewer

Available, Septic Tank

School Information

School District

North Thurston

Other Property Details

Area Name

447 - Olympia North


Taxes

$5,518


Tax Frequency

Annually


Garage

No


Parking

Attached Carport


Parking Total

2


View

Yes


View Description

Territorial


County

Thurston


Water Source

Public


Pool

No

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 10/5/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 10/5/2024 at 10:00 PM UTC . 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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Data last updated on 10/5/2024 at 10:00 PM UTC 

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