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3456 Martin Way E
Olympia, WA 98506
Retail Property For Sale
Investment Highlights
- Great Exposure
- Fenced
- Easy Access
Executive Summary
Presenting a high-visibility investment opportunity: the Interstate Batteries Building at 3456 Martin Way E in Olympia, Washington. This stabilized, income-producing asset boasts a 10/10 location in a strategic corridor, offering commercial investors secure cash flow and strong long-term value potential. Constructed in 1956, the 0.46-acre site features three single-story buildings totaling 7,572 square feet, zoned HDC-4. The combination of retail, office, and industrial warehouse spaces provides excellent flexibility and an established tenant mix. The property currently serves as home to CA Nail and Interstate Batteries, both long-term tenants, allowing investors to immediately step into an active, income-generating asset. Furthermore, the surrounding area boasts a consistently enlarging local consumer base and a resilient economic profile that favors the long-term support of local retail and industrial operations.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
505 SF
Building Class
C
Year Built
1956
Price
$1,846,584 CAD
Price Per SF
$3,656.60 CAD
Cap Rate
5.13%
NOI
$94,675 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.46 AC
Zoning
HDC-4
Parking
6 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
37’ on Martin Way E Way E
Amenities
- Bus Line
- Freeway Visibility
- Signage
Property Taxes
| Parcel Number | 11818141700 | Improvements Assessment | $682,803 CAD |
| Land Assessment | $982,431 CAD | Total Assessment | $1,665,233 CAD |
Property Taxes
Parcel Number
11818141700
Land Assessment
$982,431 CAD
Improvements Assessment
$682,803 CAD
Total Assessment
$1,665,233 CAD
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