47.046004 -122.848306 0
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Listed by Keller Williams South Sound, Jason Munoz.

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423 Franz Anderson Road SEOlympia, WA 98501

Active
$1,200,000
2
1
1,848 Square Feet

Exceptional opportunity with this multi-family development prospect in Olympia, WA. Situated off of Martin Way, a bustling thoroughfare, between three recently established and fully occupied multifamily developments, this parcel is primed for similar success. Preliminary conceptual plans indicate the potential for up to 60 units. Its advantageous proximity to St. Peter's Hospital underscores its strategic location. Centrally positioned between Olympia and Lacey, tenants will enjoy convenient access to a variety of amenities including retail, dining, and Interstate-5, facilitating a seamless commute to Joint Base Lewis McChord (JBLM) for military personnel, as well as civilian, and state employees. This is zoned HDC-4 in the City of Olympia.


FACTS & FEATURES

  • Property Type:
    Residential
  • Architectural Style:
  • Bedrooms:
    2
  • Bathrooms:
    1
  • Dwelling Size:
    1,848 Square Feet
  • Lot Size:
    1.02 Acres
  • Lot Description:
  • Stories:
  • Year Built:
    1930
  • Interior Features:
    Hardwood
  • Exterior Features:
    Wood, Wood Products
  • Parking:

    Garage or Parking Spaces:
    Features: ["Attached Carport"]
  • Area:
    447 - Olympia North
  • Views:
    Territorial
  • Schools:
    High School(s): North Thurston
  • HOA:
  • Senior Community:
    False
  • Heating:
  • Cooling:
  • Appliances:
  • Fireplace:
    Fireplace(s): 0
    Features: Electric
  • Accessibility:
  • Security Features:
  • Foundation:
    Poured Concrete
  • Roof:
    Composition

LOCATION


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Listing Office: Keller Williams South Sound. Listing Agent: Jason Munoz. Listing ID: 2233030

Last Updated February 6, 2025 7:24 PM
Data last checked against NWMLS on April 7, 2025 7:53 AM

Listing information is provided by the Northwest Multiple Listing Service (NWMLS). All information provided is deemed reliable but is not guaranteed and should be independently verified.

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