2123 9th Avenue SW, Olympia, WA 98502

$1,250,000

Listing courtesy of Olympic Sotheby's Int'l Realty.

List Price
$1,250,000
Status
ACTIVE
MLS#
2070190
Days on Market
132
Lot Size (sq ft)
101,495

Property Description

Attention Developers! This is one of the last remaining large multifamily development pieces in the city of Olympia. 2.33+/- acres zoned RM-24, with the potential for increased density beyond that. This property sits on the corner of 9th and Fern in the desirable Westside neighborhood next to countless amenities, and between the Capital Mall and Downtown Olympia. With housing demand rapidly increasing this is a prime opportunity to construct a beautiful multifamily development. Call today with questions because once this property is gone, there won't be another like it. Lot also features 1408+/- sqft home that needs some work, but could bring in rental income while you work on getting development permits.

Additional Information

Community
Westside
Style
42 - Multi-Family
Zoning Jurisdiction
City
Restrictions
No Restrictions
Features
Heavily Forested
Sewer
Available, In Street
School District
Olympia
Potential Terms
Cash Out, Conventional
Driving Directions
Going north on Black Lake Blvd, take a right on 9th to property on the right.
Buyer Agency Compensation
2.5
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