501 4th Ave Olympia, WA 98501 – Kelley Building

501, 4th Ave, Olympia, WA  98501

For Sale

Type
For Sale / Multi Family, Retail

Kelley Building (Status: Pending)

501, 4th Ave, Olympia, WA  98501

The Kelley Building is a turn of the century walk-up building with nine mixed size apartments ranging from 400 square-foot studio apartments to 2-bedroom 2-bath apartments with over a 1,200 square-foot of living space. The retail portion of the building has been home to many businesses including a paint store, antique mall, and many other uses over the years. Nine Residential Units that are 100% Leased, 6,000 SF Ground-Floor Retail Space (vacant), built in 1925, renovated in the 1990s, CAP Rate: Market 8.4%, As-Is 4.5%.

Listing Details

Asset Class: Retail,Multi-Family
Year Built: 1925
Building Total Square Feet: 12463
Available Lease Space Square Feet:
Number of Floors: 2
Total Parking Spaces: 0
Local Zoning Information: Commercial

CBA

Listing Courtesy of: The Rants Group

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.

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