116 NE State Avenue in Olympia
| Listing ID: | 2518287 (Commercial) |
|---|---|
| Listing Price: | $736,000 |
| Days on Market: | 4 |
Details | |
| Lot Size: | 0.14 acre (6,098 sqft) |
Prime Downtown Investment Opportunity – Fully Leased Retail with Rare On-Site Parking Located in the heart of downtown Olympia, this fully renovated mixed-use retail property presents a rare opportunity for investors seeking stable cash flow and long-term upside (Great CAP Rate). This 2000+ SF building features two fully leased retail storefronts, generating consistent income with strong tenant demand in a high-visibility location. Recent upgrades include a brand-new roof and interior renovations, significantly reducing near-term capital expenditures and enhancing tenant appeal. Ideal for investors seeking a turnkey, income-producing asset with both stability and future appreciation potential.
This listing is provided courtesy of NWMLS, contributed by WeLakeside.
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