Provided by NWMLS, Listed by Coldwell Banker Evergreen
Active
509 4th Avenue E
Olympia WA, 98501
$1,650,000
Active
Commercial
Built in 1925
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.
2327855
MLSⓇ ID
February 3, 2025
Listed
February 12, 2025
Updated
Interior Features
Interior Features
Concrete
Floor Description
Concrete, Other
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.32 Acres
Exterior Features
Brick
Roof
Torch Down
Other Property Details
Area Name
447 - Olympia North
Garage
No
Parking Total
0
View
No
County
Thurston
Pool
No
The IDX display presents information sourced from the Northwest Multiple Listing Service as of 2/22/2025. 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 2/22/2025 at 8:00 AM 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 2/22/2025 at 8:00 AM UTC
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