MLS #2417274 / Listing provided by NWMLS & Yelm Windermere Real Estate.
$1,200,000
6906 Martin Way E
Olympia,
WA
98516
Year Built
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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
- Possible Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Parking Total: 0
Structure
- Roof: Composition
- Exterior Features: Wood Products
- Foundation: Block
Lot Details
- Acres: 0.65
- Foundation: Block
Lot Details
- Acres: 0.65
- Foundation: Block
Power
- Energy Source: Electric
- Power Company: PSE
Water, Sewer, and Garbage
- Sewer: Septic Tank
- Water Company: Thurston PUD
- Water Source: Public
Jill Hannem
Broker | REALTOR®
Send Jill Hannem an email