Property Details
727 Adams St SE
Olympia, WA 98501
$760,000
Available
CBA# 715336 courtesy of CBA
Listing firm: Kidder Mathews
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Property Overview
This 0.26-acre (11,326 SF) site offers an excellent infill development opportunity in a well-established urban neighborhood.The property benefits from convenient access to I-5, Highway 101, and major transportation corridors, employment centers, retail, restaurants, and community amenities, making it an attractive location for future multifamily residents.Its central location supports strong long-term demand for housing while providing developers with the advantages of an infill site in a growing market.The property presents a compelling opportunity to capitalize on existing plans for a four-story, 38-unit apartment building, significantly reducing the time and expense typically associated with the early stages of project planning. At an asking price of $760,000.00, the site offers the potential to accelerate development by leveraging work already completed while delivering much-needed multifamily housing in a supply-constrained market. For developers seeking to shorten project timelines and move more efficiently toward construction, this property represents an opportunity to add density on a well-located site with a thoughtfully designed residential concept already in place.
Property Details
Property Information
Property Type
Commercial Sale
Status
Available
County
Thurston
Listed
Jul 16, 2026
Building & Use
Possible Use
Land
Year Built
1980
Exterior & Lot
Year Built
1980
Location
City
Olympia
County
Thurston
Coordinates
47.04190, -122.89800
