423 Franz Anderson Road SE

Olympia, WA 98501

  • 2 Bed

  • 1 Bath

  • 1848 SqFt

  • 342 DOM

  • Built: 1930

  • Status: Active

$1,200,000

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423 Franz Anderson Road SE

Olympia 98501

$1200000

  • 2 Bed

  • 1 Bath

  • 1848 SqFt

  • 342 DOM

  • Built: 1930

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

Exceptional opportunity with this multi-family development prospect in Olympia, WA. Situated off of Martin Way, a bustling thoroughfare, between three recently established and fully occupied multifamily developments, this parcel is primed for similar success. Preliminary conceptual plans indicate the potential for up to 60 units. Its advantageous proximity to St. Peter's Hospital underscores its strategic location. Centrally positioned between Olympia and Lacey, tenants will enjoy convenient access to a variety of amenities including retail, dining, and Interstate-5, facilitating a seamless commute to Joint Base Lewis McChord (JBLM) for military personnel, as well as civilian, and state employees. This is zoned HDC-4 in the City of Olympia.

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