625 UNION Avenue SE, Olympia, WA 98501

Courtesy of CENTURY 21 North Homes Realty

$500,000

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List Price
$500,000
Status
ACTIVE
Days on Market
595
Price Change
▼ $99,950 1766884237
MLS#
2325187
Subtype
Land
Style
42 - Multi-Family
Lot Size
13,352
Acres
0.31
Subdivision
Olympia
Neighborhood
Olympia
Building Name
Swan's addition
MLS Area Major
Olympia North

Property 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.

Additional Information

Property Description
42 - Multi-Family
School District
Olympia
Elementary School
Lincoln Elementary
High School
Olympia High
View
Territorial
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