Rare infill multifamily development opportunity near downtown Olympia and the Capitol Campus. This vacant, UR-zoned 16,801 SF parcel offers developers a clean slate without the added complexity of renovating or removing an existing structure. Formerly planned as the 9-unit Trestle Union Apartments project, the property includes extensive prior development materials available for review, including civil/site, architectural, structural and supporting project documents. Prior approvals have expired. Convenient access to transit, shopping, dining and major employment centers. Flood Zone X. A compelling opportunity for builders and investors seeking a well-located urban residential site with substantial preliminary planning already completed. Buyer to verify all information and development potential to their satisfaction.
| MLS # | 2543814 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 91 |
| Listing Provided By | Windermere Prof Partners | Matthew Romero |
| Zoning | Urban Residential |
|---|---|
| Acreage | 0.39 |
| Property | 29400 |
|---|
| State | WA |
|---|---|
| County | Thurston |
| City | Olympia |
| Zip Code | 98501 |
| Area | 447 Olympia North |
| Community Name | Olympia |
| Listing VS Median (in Olympia) | |
Price: $429,000 low | high Med: $558,000 On site: 91 low | high Med: 89 | |
| State | WA |
|---|---|
| County | Thurston |
| City | Olympia |
| Zip Code | 98501 |
| Area | 447 Olympia North |
| Community Name | Olympia |
| Listing VS Median (in Olympia) | |
Price: $429,000 low | high Med: $558,000 On site: 91 low | high Med: 89 | |