2102 Carriage StOlympia, WA 98502

Property Details for 2102 Carriage St

Year built

2005

Construction

WOOD FRAME

Lot size

0.11 AC

Property size (Sq ft)

4,096 SF

Property type

Office properties

Property subtype

Office buildings

APN

6863-00-01100

APU

68630001100

Description

This exceptional Class A office building, located at 2102 Carriage St SW in Olympia, WA 98502, offers 4,096 square feet of versatile space on a 1.07-acre lot. The single-story building is ideally suited for a variety of businesses, offering both traditional and creative office configurations. The current layout includes six large private offices, a dedicated conference room, an oversized break area, and two restrooms, along with a reception area. The space is currently configured with fourteen spacious cubicles, but the layout allows for flexibility to accommodate different work styles and team sizes, whether you prefer a more open concept or a cubicle setup. The property is beautifully maintained and provides ample room for day-to-day operations. Situated in Thurston County, this location offers easy access to local amenities and transportation. The property is a single-tenant building, providing a unique opportunity for a business seeking a dedicated and well-maintained workspace. This is a rare opportunity to acquire a prime office space in a desirable location. The property's size and features make it an ideal choice for a company seeking to establish a strong presence in Olympia.

• CAP approach

  CAP return

  Valuation

  6%

  $1,108,388

  6.5%

  $1,023,127

  7%

  $950,047

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,098,400

  Geo Method

  $788,808

• Alternative Use

  Use

  Valuation

  Residential

  $1,268,678

  Hospitality

  $1,162,102

  Educational

  $966,855

  Medical

  $1,000,107

  Retail

  $1,503,997

Location Insight

City

Olympia

County

Thurston

State

Washington

Latitude

47.031

Longitude

-122.926

CBSA code

36500

CBSA name

OLYMPIA, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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