625 UNION Avenue SE, Olympia, WA 98501
- $500,000
Listing courtesy of CENTURY 21 North Homes Realty.
- List Price
- $500,000
- Status
- ACTIVE
- MLS#
- 2325187
- Price Change
- ▼ $99,950 1766884237
- Days on Market
- 549
- Lot Size (sq ft)
- 13,352
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.
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Additional Information
- Community
- Olympia
- Style
- 42 - Multi-Family
- Zoning Jurisdiction
- City
- Features
- Evergreens
- View
- Territorial
- Sewer
- Available, In Street
- Tax Year
- 2024
- School District
- Olympia
- Elementary School
- Lincoln Elementary
- High School
- Olympia High
- Potential Terms
- Cash Out
Mortgage Calculator
Based on information submitted to the MLS GRID as of . 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.