Provided by NWMLS, Listed by Keller Williams South Sound
Active
423 Franz Anderson Road SE
Olympia WA, 98501
$1,300,000
$703.46 per sqft
Active
2 Beds
1 Bath
1,848 sqft
Residential
Built in 1930
Exceptional opportunity with this multi-family development prospect in Olympia, WA. Situated off of Martin Way, a bustling thoroughfare, between three recently established and fully occupied multifamily developments, this parcel is primed for similar success. Preliminary conceptual plans indicate the potential for up to 60 units. Its advantageous proximity to St. Peter's Hospital underscores its strategic location. Centrally positioned between Olympia and Lacey, tenants will enjoy convenient access to a variety of amenities including retail, dining, and Interstate-5, facilitating a seamless commute to Joint Base Lewis McChord (JBLM) for military personnel, as well as civilian, and state employees. This is zoned HDC-4 in the City of Olympia.
2233030
MLSⓇ ID
April 25, 2024
Listed
May 14, 2024
Updated
Map
423 Franz Anderson Road SE
Olympia WA, 98501
Interior Features
Total Stories
1
Bedrooms
2
Total Bathrooms
1
Full Bathrooms
1
Interior Features
Hardwood
Floor Description
Hardwood
Fireplace
Yes
Fireplace Description
Electric
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
1.02 Acres
Exterior Features
Wood, Wood Products
Lot Features
Value In Land
Roof
Composition
Sewer
Available, Septic Tank
School Information
School District
North Thurston
Other Property Details
Area Name
447 - Olympia North
Taxes
$5,518
Tax Frequency
Annually
Garage
No
Parking
Attached Carport
Parking Total
2
View
Yes
View Description
Territorial
County
Thurston
Water Source
Public
Pool
No
Buyer Agency Compensation
2.5%
The IDX display contains information sourced from the Northwest Multiple Listing Service as of 5/19/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 5/19/2024 at 7:00 AM UTC