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625 Union Ave SE
Olympia, WA 98501
Land For Sale · 0.31 AC

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INVESTMENT HIGHLIGHTS

  • Zoning: Urban Residential (UR)
  • Topography: Level

EXECUTIVE SUMMARY

The property falls under Urban Residential (UR) zoning, which provides significant development flexibility. Potential uses include: apartment buildings, senior housing, homeless shelters or other multi-family or community-oriented developments.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units
  • Apartment Units - Senior
Total Lot Size 0.31 AC
Year Built 1963
Opportunity Zone Yes
Zoning UR - Urban Residential

1 LOT AVAILABLE

Lot

Price $822,122 CAD
Price Per AC $2,652,004.96 CAD
Lot Size 0.31 AC

This 0.31-acre lot (approximately 13,200 sq. ft.) is located just three blocks from the Washington State Capitol Building in Olympia’s Eastside neighborhood.

DESCRIPTION

This 0.31-acre lot (approximately 13,200 sq. ft.) is located just three blocks from the Washington State Capitol Building in Olympia’s Eastside neighborhood.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
78205500300
Land Assessment
$425,683 CAD
Improvements Assessment
$20,415 CAD
Total Assessment
$446,098 CAD
  • Listing ID: 38695134

  • Date on Market: 2025-12-08

  • Last Updated:

  • Address: 625 Union Ave SE, Olympia, WA 98501

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