120 4th Ave E
Olympia WA 98501

120 4th Avenue E

120 4th Ave E Olympia WA 98501

Listing #: 679553 | Status: Available | Last Modified: 4/11/2024 |

For Sale
Quint Newell
Max Stottlemyre
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 1,299,999.0
  • $/SF$ 196.3
  • Listing StatusAvailable
  • Days on Market37
  • Asset ClassRetail
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income102,000
  • Vacancy Factor %0.00%
  • Operating Expenses17,493
  • Net Operating Income84,507
  • CAP Rate 6.50 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors1
  • # of Units
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF6623
  • Net Rentable Area6623
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF6534
  • Acres0.15
Property Type
  • Property TypeRetail
  • Office Type
  • Building Class
Location
  • CountyThurston
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaOlympia
  • Tax ID #78501300500
  • Additional Parcels
  • ZoningDB
Construction
  • Year Built1920
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Downtown Olympia Investment

Public Comments

Great investment opportunity in Downtown Olympia! This fully leased building has 3 tenants producing stable income for any future buyer. Building features 3 separately metered storefronts on 4th ave and Washington St. Ductwork inside has recently been redone in this sprinkled space, and two new tenants are completing aesthetic improvements on the interior. Call LA for showings!

Listing Images