Description
Excellent redevelopment site in Olympias downtown Opportunity Zone. Prominently located near the State Capital this 10,800 SF site is a perfect opportunity for a mixed-use development. Previous plans for a 42 unit 6 story building with Retail on the ground floor and 42 residential units above, available upon request. This Site features territorial views of the Olympic Mountains and Mount Rainier. The site currently has 6 multifamily units to provide income while going through the design and permitting process. Low vacancy rates and excellent proximity to the State Capital combined with the excellent tax advantages of being in an opportunity zone make this an excellent investment opportunity.
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0BEDS
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0.25ACRES
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0BATHS
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01/2 BATHS
Listing information ©2024 Northwest MLS. Listing courtesy of Real Broker LLC.
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Description
Excellent redevelopment site in Olympias downtown Opportunity Zone. Prominently located near the State Capital this 10,800 SF site is a perfect opportunity for a mixed-use development. Previous plans for a 42 unit 6 story building with Retail on the ground floor and 42 residential units above, available upon request. This Site features territorial views of the Olympic Mountains and Mount Rainier. The site currently has 6 multifamily units to provide income while going through the design and permitting process. Low vacancy rates and excellent proximity to the State Capital combined with the excellent tax advantages of being in an opportunity zone make this an excellent investment opportunity.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Bordak Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-09-17T00:14:16.493. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2024-09-17T00:14:16.493. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.