1 / 12
1007 Washington Street, Olympia WA 98501 | 14,580 square-foot commercial structure
$450,000
Current Bid
BidProwl Summary
This is a 14,580 square foot, 2-story commercial building on 0.34 acres in downtown Olympia, built in 1953 and used as state office space until now, selling as-is. Developers, renovation contractors, and institutional buyers typically pursue salvage-condition government real estate for redevelopment, adaptive reuse, or land value plays. Verify structural integrity, environmental history, code compliance gaps, and deferred maintenance costs before submitting your letter of intent, since the quit claim deed offers minimal seller liability.
AI summary of the seller's listing; it may occasionally contain inaccuracies. Check the full description and inspect before bidding.
Description from GovDeals
Property Address: 1007 Washington Street, Olympia WA 98501
Tax Parcel Number: 78506400300
Property Description:
The real property includes a 14,580 square foot, 2-story commercial class structure on .34 acres of land. The facility was constructed in 1953. The property was used to house state agencies from its inception. The building is being sold "as is, where is."
Zoning: CAP
Deed Conveyance: Quit Claim Deed
Purchase & Sale Agreement: Interested parties must agree to use a Purchase and Sale Agreement approved by the Office of the Attorney General.
Buyer Is Responsible for 5% Buyer Service Fee & Allowable Sellers closing costs & All Buyers closing costs
Letter of Intent Submissions: Proposals must be sent by email to the Project Manager, Jim Hickman, at Jim.Hickman@des.wa.gov, with reference to project number #25-06-186.
Property location
Olympia, WA 98501
Open in Google MapsState of Washington - Real Estate
Condition: Salvage/Damaged
Inspection terms▾
All properties are sold "AS IS, WHERE IS," with all faults, known and unknown. The seller makes no warranties, guarantees, or representations, express or implied, as to the condition, zoning, suitability, or marketability of the property. Bidders are encouraged to inspect the property and conduct their own due diligence prior to bidding. Site Tours: The facility will be available for tours by appointment only. Please call Karen Martens, Facility Planner 2, DES Building and Grounds Division, at 360-810-0285 to schedule your showing.
