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Investment Highlights

  • Comprising approximately 1.15 acres and spanning an entire city block, the site offers a rare development opportunity in central Olympia
  • The property benefits from immediate proximity to Interstate 5, providing strong north–south connectivity throughout the Puget Sound region.
  • Located within Olympia’s historic district, the site sits in one of the city’s most established and desirable neighborhoods.
  • This location supports efficient commuter access, enhances tenant appeal, and materially improves feasibility for higher-density residential.

Executive Summary

The site is a rare full city block in Olympia's historic district, offering
walkability, community presence, and long-term stability well-suited
to an established congregation, a community center, or an adaptive
reuse for housing. Direct access to Interstate 5 supports strong regional
connectivity, making the location easily accessible for members throughout
the Puget Sound area.

Property Facts

Price $2,612,177 CAD
Price Per SF $94.75 CAD
Sale Type Investment
Sale Condition Redevelopment Project
Property Type Specialty
Property Subtype Religious Facility
Building Class C
Lot Size 1.15 AC
Building Size 27,570 SF
No. Stories 1
Year Built 1957
Parking Ratio 0.87/1,000 SF
Opportunity Zone Yes
Zoning R-6-12
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
85300500100
Land Assessment
$277,081 CAD
Improvements Assessment
$7,339,152 CAD
Total Assessment
$7,616,234 CAD
  • Listing ID: 40402845

  • Date on Market: 2026-05-05

  • Last Updated:

  • Address: 114 20th Ave SE, Olympia, WA 98501

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