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$1,200,000
17 Days On Site

6906 Martin Way E
Olympia, WA98516

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
1978
Built
Cumulative Days On Market:
17
Subdivision:
Lacey
County:
Thurston
Courtesy of NWMLS
Listing courtesy of Jesse Kellems of Yelm Windermere

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253-268-1714
6906 Martin Way E6906 Martin Way E6906 Martin Way E6906 Martin Way E
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For sale: A unique mixed-use property at 6906 Martin Way E in Olympia, priced at $1,200,000. This asset offers an immediate income and significant development potential.Preliminary approval is in place for building four duplexes (eight total units) on the back of the property. This development could generate over $180K in annual income.While planning the development, the property provides immediate cash flow:Two residential units (1 bed/1 bath and 3 bed/1 bath)An existing U-Haul partnership generating $800-$900/monthSelf-storage potential for an estimated $3,000/monthA commercial storefront for a new business or leaseThis is an ideal opportunity for an investor, developer, or owner-user to capitalize on Olympia's rapid growth.

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Listing Snapshot
Price 
$1,200,000
Days On Site 
17 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.65 Acres
Year Built 
1978
MLS® Number 
2417274
Status 
Active
Property Tax 
$9,194
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Active
2 weeks agoListing first seen on site
General Features
Acres 
0.65
Additional Property Use 
CommercialMulti-FamilyRetail
Foundation 
Block
Property Condition 
Fixer
Sewer 
Septic Tank
Water Source 
Public
Zoning 
Commercial,Multi-Family,Office,Retail
Interior Features
Flooring 
VinylCarpet
Heating 
ElectricForced AirHeat Pump
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Exterior Features
Construction Details 
Wood Siding
Frontage 
109
Lot Features 
Level
Roof 
Composition
Community Features
Financing Terms Available 
Conventional
MLS Area 
451 - Hawks Prairie
Courtesy of NWMLS
Listing courtesy of Jesse Kellems of Yelm Windermere



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2025-08-22 01:10 AM PDT

Neighborhood & Commute
Source: Walkscore
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