423 Franz Anderson Road SE, Olympia, WA 98501

$1,300,000

Listing courtesy of Keller Williams South Sound.

List Price
$1,300,000
Status
ACTIVE
MLS#
2233034
County
Thurston
Days on Market
84
Total Lot SqFt
44,431

Property Description

An exceptional opportunity presents itself 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.

Additional Information

Community
Olympia
Style
42 - Multi-Family
Zoning Jurisdiction
City
View
Territorial
Sewer
Available
Water Source
Available
Tax Year
2024
Tax Year
$5,518
School District
North Thurston
Potential Terms
Cash Out, Conventional, Owner Financing
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