Description
Attention Developers! This is one of the last remaining large multifamily development pieces in the city of Olympia. 2.33+/- acres zoned RM-24, with the potential for increased density beyond that. This property sits on the corner of 9th and Fern in the desirable Westside neighborhood next to countless amenities, and between the Capital Mall and Downtown Olympia. With housing demand rapidly increasing this is a prime opportunity to construct a beautiful multifamily development. Call today with questions because once this property is gone, there won't be another like it. Lot also features 1408+/- sqft home that needs some work, but could bring in rental income while you work on getting development permits.
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0BEDS
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2.33ACRES
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0BATHS
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01/2 BATHS
Listing information ©2023 Northwest MLS. Listing courtesy of Olympic Sotheby's Int'l Realty.
Sold by .Description
Attention Developers! This is one of the last remaining large multifamily development pieces in the city of Olympia. 2.33+/- acres zoned RM-24, with the potential for increased density beyond that. This property sits on the corner of 9th and Fern in the desirable Westside neighborhood next to countless amenities, and between the Capital Mall and Downtown Olympia. With housing demand rapidly increasing this is a prime opportunity to construct a beautiful multifamily development. Call today with questions because once this property is gone, there won't be another like it. Lot also features 1408+/- sqft home that needs some work, but could bring in rental income while you work on getting development permits.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than My Puget Sound Homes are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-05-30T23:14:05.997. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2023-05-30T23:14:05.997. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.