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Former Bank Branch 501 N Olympic Ave 7,124 SF Retail Building Arlington, WA 98223 $4,150,170 CAD ($582.56 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Excellent visibility and foot traffic on the main street through downtown Arlington

EXECUTIVE SUMMARY

Former Bank of America building. 7124 total sq ft. 5,588 on the main and 1,536 upstairs. Newer HVAC and roof. Incredibly solid building with 2 bank vaults. Excellent visibility and foot traffic on the main street through downtown Arlington. Across the street from the popular Moes and down the street from the infamous Arlington Hardware. This 4 parcel, .63 acre property boasts 31 on site parking spots, a 3 lane drive through and access on all 4 sides of the property. Plenty of street parking available as well

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
7,124 SF
Building Class
C
Year Built
1971
Price
$4,150,170 CAD
Price Per SF
$582.56 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.63 AC
Zoning
CBD/OTBD-2 - Designed to accommodate a mix of a wide variety of commercial activities and high density residential uses in a pedestrian-oriented environment
Parking
31 Spaces (4.35 Spaces per 1,000 SF Leased)
Frontage
156’ on 5th St

AMENITIES

  • Banking
  • Corner Lot
  • Security System
  • Tenant Controlled HVAC
  • Drive Thru
  • Storage Space
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 7,124 SF
  • Retail
  • Outparcel
  • Now

For lease. Former Bank of America building. 7124 total sq ft. 5,588 on the main and 1,536 upstairs. Newer HVAC and roof. Incredibly solid building with 2 bank vaults. Excellent visibility and foot traffic on the main street through downtown Arlington. Across the street from the popular Moes and down the street from the infamous Arlington Hardware. This 4 parcel, .63 acre property boasts 31 on site parking spots, a 3 lane drive through and access on all 4 sides of the property. Plenty of street parking available as well.

Space Size Space Use Position Available
1st Floor 7,124 SF Retail Outparcel Now

1st Floor

Size
7,124 SF
Space Use
Retail
Position
Outparcel
Available
Now

1st Floor

Size 7,124 SF
Space Use Retail
Position Outparcel
Available Now

For lease. Former Bank of America building. 7124 total sq ft. 5,588 on the main and 1,536 upstairs. Newer HVAC and roof. Incredibly solid building with 2 bank vaults. Excellent visibility and foot traffic on the main street through downtown Arlington. Across the street from the popular Moes and down the street from the infamous Arlington Hardware. This 4 parcel, .63 acre property boasts 31 on site parking spots, a 3 lane drive through and access on all 4 sides of the property. Plenty of street parking available as well.

Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Columbia Bank
Chase Bank
KeyBank
Anytime Fitness
Grocery Outlet

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 005299-010-014-00
  • 005299-010-012-00
Land Assessment
$398,077 CAD
Improvements Assessment
$1,628,051 CAD
Total Assessment
$2,026,128 CAD
  • Listing ID: 27973917

  • Date on Market: 2023-03-14

  • Last Updated:

  • Address: 501 N Olympic Ave, Arlington, WA 98223

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