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Zeke Rehn
Direct: (360) 915-5678
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The Rants Group
Main: (360) 943-8060
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FOR SALE - Listing #: 711001
White Building
209 - 0 E 4th Avenue , Olympia WA98501
12,960 Available SF 12,960 SF
Agent Remarks
The historic White Building, currently 97.4% occupied, is now available for purchase as a standalone investment opportunity. The property consists of 21 rentable suites with two (2) ground-level retail spaces along busy 4th Ave. and 19 executive office suites on the 2nd floor. The building is occupied by a diverse group of tenants ranging from law offices to health practitioners. Offered at $1,035,900 at a 7.5% cap rate, the property provides immediate cashflow, and the current average rent of $14.05 per Sq Ft brings value add potential to new ownership.
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County
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Thurston
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Market Area
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Olympia
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Tax ID #
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78502400100
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Price
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$ 1,035,900
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Property Details
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Prop Type
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Retail, Office
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# Floors
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2
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Bldg SF
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12,960
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Year Built
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1908
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Land SF
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14,484
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# Bldgs
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1
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Acres
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0.332508
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# Parking Spaces
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0
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Office Class
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B
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Informational Links
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