$599,950
For Sale

625 UNION AVENUE SE

Olympia, WA 98501
Listing OfficeCENTURY 21 North Homes Realty
Browse 4 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Located three blocks from the Capitol Building, this 120 ft x 111 ft size lot, 120 ft frontage on Union Avenue SE, making it exceptionally suitable for a variety of developments including apartment buildings, senior housing, homeless shelters, and more due to its "Urban Residential" zoning(UR), which could permit up to 5 story 42 ft height with 85% lot coverage, a 10 ft front setback, 5 ft rear set back, no side setbacks can provide 11,000 SF lot coverage X 4 story building (44,000 SF for 45-60 unit apartment or senior housing or 70 homeless housing units ). No parking required for residential apartment,senior housing or home less shelter . previously used as a parking lot for an office building.

  • Property Details
      • Utility FeaturesElectricity Available, Natural Gas Available
      • Sewer InformationAvailable, In Street
      • Elementary SchoolLincoln Elementary
      • Style42 - Multi-Family
      • Date ListedJanuary 23, 2025
      • High SchoolOlympia High
      • Structure TypeMulti Family
      • ViewTerritorial
      • Utility SourceAvailable
      • Property TypePurchase
      • CountyThurston
      • Original List Price$599,950
      • SubdivisionOlympia
      • School DistrictOlympia
      • MLS #2325187
      • MLS #2325187
      • Acres0.3065
      • Taxes Annual$2,723
      • Cost599950
      • Lot DescriptionPaved
      • Property SubtypeLand
      • Days on Market (Cumulative)9
Tom McGoughReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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