• Orca Books - 509 4th Ave E, Olympia, WA 98501

For Sale

Retail

For Sale

This property is available for sale
12,287
SF
$1,785,000
Sale Price
  • Overview

    Conveniently placed on the corner of 4th and Jefferson, 509 4th Ave East sits one block away from City Hall and directly in the heart of Olympia’s downtown area. Built in 1925, this building is fully leased with two longstanding tenants. With a walk score of 91, the 509 4th Ave East property offers investors a stable income stream via a strong occupancy history together with an excellent location in the downtown core of rapidly growing Olympia.

    VINTAGE BUILDING
    ATTRACTIVE DOWNTOWN LOCATION
    WALK SCORE OF 91

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Property Details

Conveniently placed on the corner of 4th and Jefferson, 509 4th Ave East sits one block away from City Hall and directly in the heart of Olympia’s downtown area. Built in 1925, this building is fully leased with two longstanding tenants. With a walk score of 91, the 509 4th Ave East property offers investors a stable income stream via a strong occupancy history together with an excellent location in the downtown core of rapidly growing Olympia.

VINTAGE BUILDING
ATTRACTIVE DOWNTOWN LOCATION
WALK SCORE OF 91

  • Property Type
    Retail
  • Submarket
  • Sale Price
    $1,785,000
  • Total Building Size
    12,287RSF
  • Cap Rate
    6.8%
  • Will build to suit
    No
  • Sewer
    No
  • Corner lot
    No
  • Property ID
    2022710

Landlord's Sales Representatives

  • STEVEN BRUNETTE
    CBRE, Inc
     
  • Allison Jones
    CBRE, Inc