505 Lilly RdOlympia, WA 98501

For Sale
$1,169,000

8,000 SF Warehouse, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents a prime 8,000 square foot warehouse situated on a 0.81-acre lot in Olympia, Washington. The property, located at 505 Lilly Rd SE, boasts a convenient location near Martin Way and Lilly Road, offering easy access to major transportation routes. The property is zoned GC and features two warehouse buildings. These buildings have undergone renovations over time and are currently in good condition. The larger 5,000 square foot warehouse is secured with a three-year lease at a monthly rent of $5,000. The smaller 3,000 square foot warehouse is currently leased on a month-to-month basis for $3,000 per month

Highlights

  • 8,000 SF warehouse on a 0.81-acre lot in Olympia, WA.
  • 5,000 SF warehouse leased for three years at $5,000/month.
  • 3,000 SF warehouse leased month-to-month at $3,000/month (tenant open to longer-term lease).

Property Details for 505 Lilly Rd

Property type
Other warehouses, Other industrial properties
Square Feet
8,000 SF
Lot Size (sq. ft)
35,284 SF

Location Insight

City
Olympia
County
Thurston
State
Washington
Latitude
47.044412
Longitude
-122.845893
505 Lilly Rd, Olympia, Washington

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505 Lilly Rd
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