$1,200,000

6906 Martin Way E, Olympia, WA 98516

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1978
  • Property Lot Size Icon0.65acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

This listing courtesy of Jesse Kellems, Yelm Windermere

For sale: A unique mixed-use property at 6906 Martin Way E in Olympia, priced at $1,200,000. This asset offers an immediate income and significant development potential.Preliminary approval is in place for building four duplexes (eight total units) on the back of the property. This development could generate over $180K in annual income.While planning the development, the property provides immediate cash flow:Two residential units (1 bed/1 bath and 3 bed/1 bath)An existing U-Haul partnership generating $800-$900/monthSelf-storage potential for an estimated $3,000/monthA commercial storefront for a new business or leaseThis is an ideal opportunity for an investor, developer, or owner-user to capitalize on Olympia's rapid growth.

Listing Status:
Active
Listing Office:
Yelm Windermere : 360-458-3855
Listing Agent:
Jesse Kellems : 360-458-3855
MLS ID:
2417274
  • Flooring: VinylCarpet
  • A/C: None
  • Heating: Forced AirHeat Pump
  • Fireplace: Fireplaces: 0
  • General: Wood Products
  • Parking: Parking spaces: 0
  • Roofing: Composition
  • General: 60 - Comm Bldg Und 10KBlock
  • HOA Amenities: 0.0
  • Originating MLS: nwmls
  • County: Thurston
  • Topography: Level
  • Zoning: 11815120500
  • Water: Public
  • Sewer: Septic Tank
  • Source: nwmls

This listing courtesy of Jesse Kellems, Yelm Windermere

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lydia Hawk Elementary School

7600 5th Ave SE, Lacey, WA, 98503

Grades KG-5

0.61 miles away

N

Nisqually Middle School

8100 Steilacoom Rd SE, Lacey, WA, 98503

Grades 6-8

1.05 miles away

R

River Ridge High School

350 River Ridge Dr SE, Lacey, WA, 98513

Grades 9-12

1.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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