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625 Union Avenue Se #Lot 3, Olympia, WA 98501

Olympia
Local realty services provided by:CENTURY 21 Tri-Cities
625 Union Avenue Se #Lot 3,Olympia, WA 98501
$500,000
  • 0.31 Acres
  • Lots / Land
  • Active
Listed by:
Office: century 21 north homes realty
MLS#:2325187
Source:NWMLS

Price summary

  • Price:$500,000

About this home

Located three blocks from the Capitol Building, this 120 ft x 111 ft size lot, 120 ft frontage on Union Avenue SE, making it exceptionally suitable for a variety of developments including apartment buildings, senior housing, homeless shelters, and more due to its "Urban Residential" zoning(UR), which could permit up to 5 story 42 ft height with 85% lot coverage, a 10 ft front setback, 5 ft rear set back, no side setbacks can provide 11,000 SF lot coverage X 4 story building (44,000 SF for 45-60 unit apartment or senior housing or 70 homeless housing units ). No parking required for residential apartment,senior housing or home less shelter . previously used as a parking lot for an office building.

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Home facts

  • Listing ID #:2325187
  • Updated:June 19, 2026 at 12:43 AM

Structure and exterior

  • Lot area:0.31 Acres
  • Lot Features:Paved

Schools

  • High school:Olympia High
  • Elementary school:Lincoln Elementary

Utilities

  • Water:Available
  • Sewer:Available, In Street

Finances and disclosures

  • Price:$500,000
  • Tax amount:$2,723 (2024)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of June 19, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved. NWMLS Member Broker: Vicki Monteagudo

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