7011 Martin Way E - Warehouse FOR SALE


Olympia, WA 98516
$1,650,000 USD
360-870-2605
7011 Martin Way E, Olympia, WA for Sale
$1,650,000 USD
Warehouse - FOR SALE
1/9
null | 8% Cap Rate

NEW


7011 Martin Way E
Olympia, WA 98516


HIGHLIGHTS

  • Prime Automotive Business Park on Martin Way, fully occupied by six leased automotive businesses and one studio/office.
  • Two steel-framed buildings (built in 1982 & 1999) insulated, and heated.
  • Multiple roll-up doors (12'x12' and 10'x12') support automotive use, with some lifts and equipment included.
  • The listing includes two separate tax parcels (#11815121702 & #11815121703), allowing for future flexibility.
  • Ample, gated and secure parking with excellent visibility enhance the appeal of this high-demand investment opportunity!

OVERVIEW

Prime Automotive Business Park on Martin Way, fully occupied by six leased automotive businesses and one studio/office. Two steel-framed buildings (built in 1982 & 1999) insulated, and heated. Multiple roll-up doors (12'x12' and 10'x12') support automotive use, with some lifts and equipment included. The listing includes two separate tax parcels (#11815121702 & #11815121703), allowing for future flexibility. Ample, gated and secure parking with excellent visibility enhance the appeal of this high-demand investment opportunity!

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$232 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Martin Way Automotive Park

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Auto Repair, Distribution, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

3

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.3

LAND SF

56,628

ZONING

Commercial

APN/PARCEL ID

11815121702

ASK ABOUT THIS PROPERTY

Quincy QuallsJohn L. ScottMore Info
360-870-2605

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Quincy QuallsJohn L. ScottMore Info
360-870-2605

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.