Property Details

8623 A To B Steilacoom Rd SE

Olympia, WA 98513

$1,350,000

Available

CBA# 714341 courtesy of CBA Listing firm: Chris Gurnee Team

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I’d like more information about 8623 A To B Steilacoom Rd SE, Olympia, MLS# 714341

Commercial

Property Type

2,650

Bldg Sq Ft

Units

1979

Year Built

Property Overview

Investor / Developer Opportunity – Approved 7-Lot Short Plat in Growing Lacey Market! Rare development opportunity on 1.28 acres with an existing duplex and enhanced short plat approval in place. Approved civil plans are available through the city, allowing the next owner to move forward with water and sewer extensions, sidewalks, and street tree improvements. The approved project creates a total of 7 separate lots, including:Conversion of the existing duplex into 2 townhouse lots, 5 additional single-family residential lots, 7 total buildable lotsWashington State's current housing regulations may allow up to 2 ADUs per lot (buyer to verify), creating the potential for 7 primary residences plus up to 14 ADUs for significant density and income potential.Conveniently located approximately 1.