319 7Th AveOlympia, WA 98501

This exceptional investment opportunity presents a two-story, 18,546 square foot Class B office building situated at 319 7th Ave SE in Olympia, Washington. The property, built in 1968, sits on a 0.34-acre lot (APN 81003700300) and is zoned for professional office use. Currently operating as a multi-tenant building, it offers a diverse tenant base providing both short-term and long-term lease flexibility for the new owner. The building boasts a strong financial performance, with a Net Operating Income (NOI) of $212,558 and an attractive 9.24% capitalization rate. The asking price is $2,300,000, translating to $124.02 per square foot. This prime location offers excellent proximity to the Olympia State Capital, enhancing its appeal and potential for future growth. Additional parking lots are included in the sale, providing ample parking for tenants and visitors. This is a rare opportunity to acquire a well-maintained, income-producing office building in a desirable location with significant upside potential. The property is ready for immediate ownership and offers a compelling return on investment.