533 Custer Way SE $1,695,000

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    533 Custer Way SE Tumwater, WA 98501

    • 0.42 Acres
    • Commercial
    • Listing# 1866904
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    Views: 20 Days On Site: 15

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    Property Details

    Exceptional investment opportunity! Free-standing building with large parking lot occupied by 3 tenants with NNN lease. Ideally located on the corner of two busy streets and near Starbucks, Safeway, US Post Office, gas stations, restaurants, and more! Tenant have long-term leases and have always paid rent on time. All property expenses are billed back to the tenant and tenants are responsible for all repairs and maintenance. Cap rate is at 6.29%!

    • General Features
      • County Or Parish Thurston
      • Furnished Unfurnished
      • MLS Area Major 448 - Olympia South
      • Property Sub Type Commercial Industrial
      • Special Listing Conditions None
      • Style Code 75 - Retail
      • Subdivision Name Olympia
      • Tax Annual Amount 14000
      • Tax Year 2022
      • Year Built 1985
    • Building Features
      • Building Area Total 0
      • Building Area Units Square Feet
      • Living Area 0
      • Living Area Units Square Feet
    • Property Features
      • Carport Y/N No
      • Irrigation Water Rights Y/N No
      • Lot Size Acres 0.4186
      • Lot Size Square Feet 18234
      • Lot Size Units Square Feet
      • Open Parking Y/N No
      • Parking Total 0
      • Sewer Sewer Connected
      • Topography Level
      • Utilities Sewer Connected

    Contact

    Coldwell Banker Evergreen Olympic Realty

    Coldwell Banker Evergreen Olympic Realty

    Office

    Coldwell Banker Evergreen Olympic Realty

    Business: 360-352-7651

    Neighborhood

    98501 (Tumwater) Demographics

    40 Median Age
    1,200 Population Density (per sq. mile)
    53% College Educated
    $74,558 Estimated Median Income
    10,244 Estimated Total Home Owners
    7,169 Estimated Total Renters
    59% / 41% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    42,874 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $486,000 Median Sales Price
    91 Homes Sold
    44 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,695,000
        11/29/2021 11:34:08 AM Status Changed Source: Multiple Listing Service New Value: Active
        11/23/2021 4:33:44 PM Status Changed Source: Multiple Listing Service New Value: Pending
        11/23/2021 9:04:00 AM New in Database Source: Multiple Listing Service New Value: $1,695,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

        This property search is part of the Coldwell Banker Evergreen Olympic Realty, Inc. website. Listing information is courtesy of the WA-NWMLS and Coldwell Banker Evergreen Olympic Realty, Inc.. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2021. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.



        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.