Property Details

2123 9th Ave SW
Olympia, WA 98502
$1,250,000
CBA# 677173 courtesy of CBA Listing firm: Olympic Sotheby's international realty

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2123 9th Ave SW, Olympia

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Commercial Land
Property Type
2.33
Acres

Property Overview

Attention Developers! This is one of the last remaining large multifamily development pieces in the city of Olympia. 2.33+/- acres zoned RM-24, with the potential for increased density beyond that. This property sits on the corner of 9th and Fern in the desirable Westside neighborhood next to countless amenities, and between the Capital Mall and Downtown Olympia. With housing demand rapidly increasing this is a prime opportunity to construct a beautiful multifamily development. Call today with questions because once this property is gone, there won't be another like it. Lot also features 1408+/- sqft home that needs some work, but could bring in rental income while you work on getting development permits.

Property Details

Property Information

Property Type Commercial Sale
Status Pending
County Thurston
Listed Jun 3, 2026

Building & Use

Leasable Area 101,495 sqft
Total Units 54
Zoning RM-24
Possible Use Multi-Family,Land
Lot Size 2.33 acres

Exterior & Lot

Lot Size 2.33 Acres

Location

City Olympia
County Thurston
Coordinates 47.03930, -122.92800
Listed By
Max Stottlemyre
Olympic Sotheby's international realty

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