Olympia Homes with Average Building Condition

Olympia Homes with Average Building Condition

Welcome to Olympia, a charming city located in Thurston County, Washington. Known for its natural beauty and vibrant community, Olympia offers a wonderful place to call home.

Situated in the heart of the Pacific Northwest, Olympia boasts stunning views of the Puget Sound and the majestic Olympic Mountains. With its mild climate and abundant green spaces, residents can enjoy a variety of outdoor activities year-round. Whether it's hiking in the nearby Capitol State Forest, kayaking on Budd Inlet, or exploring the beautiful gardens at the Washington State Capitol, there is something for everyone to enjoy in Olympia.

When it comes to finding a home in Olympia, you'll be pleased to know that there are many options available. Whether you're looking for a cozy bungalow, a modern townhouse, or a spacious family home, Olympia has it all. What sets Olympia apart is the average building condition of homes. True to its reputation for quality, many homes in Olympia are well-maintained and in excellent condition.

In addition to its natural beauty, Olympia is also known for its thriving arts and culture scene. The city is home to numerous galleries, theaters, and music venues, providing residents with plenty of opportunities to explore and appreciate the arts. The downtown area is filled with charming shops, delicious restaurants, and a lively farmers market, creating a vibrant and welcoming atmosphere.

With its strong sense of community, beautiful surroundings, and well-maintained homes, Olympia is the perfect place to settle down and create lasting memories. Whether you're a nature enthusiast, an art lover, or simply seeking a peaceful and welcoming neighborhood, Olympia has something for everyone.

Newest Olympia Homes with Average Building Condition

$2,200,000
2550358 MLS ACTIVE Status
Exceptional investment opportunity in the heart of Downtown Olympia's Creative District. This historic mixed-use commercial building is occupied with eight established tenants, providing a diversified income stream from street-level retail, artist lofts, music studios, and office space. Located on the prominent corner of 4th Avenue and Franklin Street, the property offers approximately 180 feet of high-visibility frontage with strong pedestrian and vehicle traffic, metered street parking, and a public parking lot directly across the street. Less than one mile from the Washington State Capitol Campus, the property benefits from a strong daytime workforce, surrounding restaurants, retail, entertainment, and continued downtown revitalization. Situated within a federally designated Opportunity Zone, this asset offers potential tax advantages for qualified investors and significant long-term upside through rental growth, capital improvements, repositioning, or future redevelopment, subject to buyer verification.The established tenant mix has created a vibrant destination within Downtown Olympia while providing stable occupancy and consistent cash flow. A rare opportunity to acquire a well-positioned commercial asset with exceptional visibility, strong in-place income, and outstanding long-term investment potential in one of Olympia's premier commercial corridors. Ideal for investors seeking a stable asset with future appreciation potential in a highly desirable downtown location.

302 304 4th Avenue E, Olympia

Listing courtesy of John L. Scott, Inc.

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