501 4th Ave E, Olympia, WA 98501
The Kelley building is a turn-of-the-century walk-up building with nine mixed-size apartments ranging from 400 square-foot studio apartments to 2-bedroom 2-bath apartments with over 1,200 square-foot of living space. The retail portion of the building has been home to many businesses including a paint store, antique mall, and many other uses over the years. Nine Residential Units that are 100% Leased, 6,000 SF Ground-Floor Retail Space (vacant), Built in 1925, renovated in the 1990s, CAP Rate: Market 8.4%, As-Is 4.5%.
Broker: Darrell McQuiston (64904)
Office: The Rants Group
Address: 501 4th Ave E
Square Feet: n/a
Year Built: n/a