724 Columbia StOlympia, WA 98501

  • Land
  • 0.56 AC
For Lease
$30/SF/YR View listing

Property Details for 724 Columbia St

Lot size
0.56 AC
Property type
Land
Property subtype
Commercial land
APN
6102-00-00100
APU
61020000100

Description

This premier, four-story Class A office building, totaling 48,000 square feet, offers executive and traditional office spaces in Olympia's vibrant Market District. Built in 1998, the property boasts a coveted urban waterfront location, placing it adjacent to Anthony's Homeport, the Olympia Farmer's Market, and the Port of Olympia. The building features two elevators and ample parking, including open spaces, visitor parking, and convenient access to additional free parking in the Market District and the capitol campus' free Dash transit line. Utilities and janitorial services are included in the base rent, minimizing operational costs for tenants. A large, shared conference room on the second floor is available for use by appointment, providing a valuable amenity for businesses. Professional on-site building management ensures smooth operations and tenant satisfaction. The property is zoned for Urban Waterfront use and has APN 99700413700 in Thurston County, WA. Please note a non-compete clause exists, prohibiting securities broker/dealer or investment banking firms from occupying the space. This exceptional location and comprehensive amenities make this an unparalleled opportunity for businesses seeking a prestigious and convenient office space in downtown Olympia.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,555,694
    Hospitality
    $6,920,974
    Educational
    $5,758,170
    Medical
    $5,956,202
    Retail
    $8,957,153
724 Columbia St, Olympia, Washington

Location Insight

City
Olympia
County
Thurston
State
Washington
Latitude
47.0509
Longitude
-122.904
CBSA code
36500
CBSA name
OLYMPIA, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10
$1,009,500
-
$1,009,500
-
$1,009,500
-
$1,009,500

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