1015 85th Ave SE $1,500,000

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    1015 85th Ave SE Olympia, WA 98501

    • 1.60 Acres
    • Commercial/Industrial
    Listing# 1426022 | Pending Feasibility
    Days On Market: 128 10 Views
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    Property Details

    Multi-Tenant / Standalone Owner User. Near Tumwater Airport. Light Ind, 3-Ph Elec 4-40x40 bldngs, 1-40x100 bldng = 10,400sf. Blacktop, Fully fenced, Previously a Powder Coating Co. Can be purchased as a turnkey powder coating business or buildings only. LI Zoning & location w/10,400sf of buildings fall into i502 Tier 1 Marijuana Producer/Processor, Marijuana retail, Breweries, Wineries, Distilleries, Wholesaling, Manufacturing, Assembling, Repairing, Fabricating Auto Repair to name a few

    • General Features
      • County Thurston
      • Zoning Class Industrial-Light
      • Zoning Jurisdiction City
      • Style 71-Light Indrl.
      • Approx Building SqFt 10,400
      • Approx Whse/Mfg SqFt 10,000
      • Approx Office SqFt 400
      • Total Uncovered Parking 0
      • Total Covered Parking 0
      • Lot Dimensions 183 x 329 approx
    • Building Features
      • Exterior Metal/Vinyl, Wood, Wood Products
      • Foundation Poured Concrete
      • Roof Metal
      • Features Storage
      • Heating and Cooling Wall
      • Ceiling Height 14
      • Loading 7+ Bays, 10'-15' Doors, Grade
    • Property Features
      • Lot Square Footage 69,533
      • Depth of Lot 329
      • Site Frontage 20
      • Expansion Area Y
      • Environment Survey N
      • Water-Sewer-Garbage 0
      • Sewer Septic
      • Sewer Company Septic
      • Energy Source Electric, Propane
      • Power Company PSE
      • Number of Available Pads 0
    • Financials
      • Free and Clear N
      • Vacancy Rate 0
      • Total SqFt Rented 10,400
      • Total Monthly Rent $0
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 0
      • Gross Scheduled Income $5,000
      • Gross Adjusted Income $0
      • Total Expenses $0
      • NOI $0
      • Electrical Expenses $0
      • Tax Expense $8,421
      • Heating Expense $0
      • Insurance Expense $100
      • Annual Assoc. Dues $0
      • Other Expenses $5,000
      • Tax Year 2018

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    Neighborhood

    98501 (Olympia) Demographics

    40Median Age
    1,202Population Density (per sq. mile)
    54%College Educated
    $67,060 Estimated Median Income
    9,847Estimated Total Home Owners
    7,110Estimated Total Renters
    58% / 42%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    41,415Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $362,000 Median Sales Price
    76 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,500,000
        9/17/2019 10:22:12 AM Status Changed Source New Value: Pending Feasibility
        6/7/2019 1:02:00 PM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.