3726 Pacific Ave Olympia, WA 98501

This two-story, 8,000 square foot shopping center in Olympia, WA, presents a compelling owner-user investment opportunity. Located on Pacific Ave SE, a high-traffic corridor with over 22,000 vehicles daily, the property boasts 4 units within a single building, currently at 45% occupancy. Built in 1980, the 24,393 square foot lot provides ample parking for approximately 63 vehicles. The asking price is $1,400,000, representing a significant value below replacement cost. The property's strategic location within Olympia's main daily needs corridor, coupled with low surrounding submarket vacancy (below 3%), makes it an attractive investment. A portion of the space is occupied by a month-to-month tenant, offering flexibility for owner-occupancy. This presents a unique chance to acquire a well-situated commercial property with potential for immediate income and future growth. An adjacent property is also available for purchase.