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301-303 Capitol Way N

8,527 SF 100% Leased Industrial Building Olympia, WA 98501 £1,291,043 (£151/SF)

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Investment Highlights

On-Site Parking
Close to Services

Easy Access

Executive Summary

Classic downtown Olympia industrial and retail building located next to Percival Landing, this piece of history is currently occupied by four tenants who are generating income. All tenants have short-term leases, which provides for flexible redevelopment opportunities. An excellent waterfront location within walking distance of all downtown restaurants and activities. The property includes a small parking lot at the back facing the waterfront.

301-303_Capitol-Way-N_302-Columbia-St-NW_OM

Offering Memorandum

Property Facts

Price	£1,291,043	Rentable Building Area	8,527 SF
Price Per SF	£151	Number of Floors	2
Sale Type	Investment or Owner User	Year Built	1923
Property Type	Industrial	Parking Ratio	1.17/1,000 SF
Property Subtype	Service General Retail Auto Repair General Retail Health Club Office Office Residential	Level Access Doors	2
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	0.33 AC

Price	£1,291,043
Price Per SF	£151
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Service General Retail Auto Repair General Retail Health Club Office Office Residential
Building Class	C
Lot Size	0.33 AC
Rentable Building Area	8,527 SF
Number of Floors	2
Year Built	1923
Parking Ratio	1.17/1,000 SF
Level Access Doors	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.