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Listing provided courtesy of Jesse Heberlein, Greene Realty Group LLC.
Source NWMLS.

601 Capitol Way S, Olympia, WA 98501$3,650,000

--
bed
--
bath
19059
ft2
· 20098
ft2 lot
$192 / ft2

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Welcome to this amazing commercial/multi-family building located in the heart of Downtown Olympia. This property features two parcels (601 Capitol Way S and 606-610 Columbia St SW) with a total of 6 apartments (5 studios and a 2 bed 1 bath), 12 commercial spaces, two parking lots, with many long term, established tenants. Retail spaces have great exposure and visibility along with an array of different tenants that help support each other, some of which include Nicole's Bar and Restaurant, Olympia Food Co-op, Coffee Shop, Photography, and Chinese Healer. This is a great income producing property that is extremely hard to come by. Located in an Opportunity Zone.

HOA

No HOA

On market

9 months

Year built

1923

Property type

Residential Income

Parking

20

MLS

1920950

Price / Sq.Ft.

$192 / ft2

Status

Active

Buyer’s Brokerage Commission

2%

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Home details for 601 Capitol Way S

Interior Features & Layout
Heating & Cooling
•   
Heating Details: Baseboard, Ductless HP-Mini Split, Heat Pump
Property, Lot, Community & Exterior Features
Lot Info
•   
Lot Size Source: Public Records
•   
Developer/Bldr Lot: Olympia
•   
Acres: 0.4614 acre(s)
Property Type
•   
Mls Prop Type: Residential Income
Building Info
•   
Style: 10+ Units
•   
Stories: 3
Property Features
•   
Living Area Units: Square Feet
Listing Details, Costs & Financing Information
Listing Details
•   
Sale Type: Resale/New
Listing Info
•   
Status: Active
Tax/Assessment Info
•   
Taxes: 30948
Listing Contacts
•   
Co Listing Agent Mls Id: 778431
School Neighborhood & Directions
Location
•   
Subdivision: Olympia
School Info
•   
Directions: Capitol Way to Capitol and Legion

Property History for 601 Capitol Way S

04/21/2022
04/21/2022
NWMLS #1920950
active
NWMLS #1920950
$3,650,000

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