3700 Pacific Avenue SE, Olympia, WA 98501
- $885,000
Listing courtesy of Greene Commercial. Selling Office: Van Dorm Realty, Inc.
- Sold Price
- $885,000
- List Price
- $999,999
- Status
- SOLD
- MLS#
- 2341222
- Closing Date
- Mar 31, 2026
- Days on Market
- 220
- Annual Tax Ammount
- 10969
- Internet Provider
- Comcast
Property Description
Great investment opportunity, or owner user/investment opportunity. Multi tenant retail building, on Pacific Ave, with great visibility in a high traffic area. Half mile from I5 making it seamless to get on and off the freeway for commuters. Long standing tenants in building that would like to stay, or could be an owner user/investment opportunity. Don't miss out on a good investment opportunity or a great owner/user investment location.
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Additional Information
- Community
- Olympia
- Building Condition
- Average
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1962
- Roof
- Composition
- Tax Year
- 2025
- Potential Terms
- Cash, Conventional, Owner Will Carry
- Flooring
- Concrete, Laminate, Vinyl Plank, Carpet
- Driving Directions
- From I-5 take exit 107, L on Pacific Ave, Just past Lilly Rd to building on the Left.
- Other Expenses
- 2400
- Energy Source
- Electric, Natural Gas
- Net Operating Income
- $72,041
- Gross Scheduled Income
- $94,920
- Water/Sewer/Garbage Expenses
- $4,500
- Cap Rate
- 7.2
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.