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.
MLS# | 2198596 |
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Listing Type | For Sale |
Style | Farm or Ranch |
Sub-Type | Resale |
Status | Pending Feasibility |
Days On Site | 366 |
Listing Provided By | Olympic Sotheby's Int'l Realty | John Stormans |
Zoning | RM-24 |
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Acreage | 2.33 |
State | WA |
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County | Thurston |
City | Olympia |
Zip Code | 98502 |
Area | 444 Olympia Westside |
Community Name | Westside |
School District | Olympia |
Listing VS Median (in Westside) | |
Price: $1,250,000 low | high Med: $562,475 On Site: 366 low | high Med: 88.000000 |