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Investment Highlights

  • Easily accessible location

Executive Summary

Property Address: 120 Union Avenue SE, Olympia WA 98501
Tax Parcel Number: 78506400500
Property Description:
The real property includes a 12,900 square foot, 2-story commercial class structure on .30 acres of land and within walking distance to Washington State Capital Building. The facility was constructed in 1956. The property is used to house multiple tenants.
The building is being sold "as is, where is," and is currently occupied.
Zoning: CAP
Deed Conveyance: Quit Claim Deed

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
12,900 SF
Building Class
C
Year Built
1956
Price
$835,542 CAD
Price Per SF
$64.77 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,450 SF
Building FAR
0.87
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
DB
Parking
20 Spaces (1.42 Spaces per 1,000 SF Leased)
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
78506400500
Land Assessment
$1,243,380 CAD
Improvements Assessment
$1,737,442 CAD
Total Assessment
$2,980,822 CAD
  • Listing ID: 41730804

  • Date on Market: 2026-08-13

  • Last Updated:

  • Address: 120 Union Ave SE, Olympia, WA 98501

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