Olympia, WA 98516 6906 Martin Way E
$1,200,000
28 more
Presented By: Yelm Windermere and NWMLS
- MLS# 2417274
- 08/05/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
Home Details
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 $3,000/monthA commercial storefront for a new business or leaseThis is an ideal opportunity for an investor, developer, or owner-user to capitalize on Olympia’s rapid growth.
Presented By: Yelm Windermere and NWMLS
Interior Features for 6906 Martin Way E
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Ceiling Height23
Fireplace Y/NNo
FlooringVinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
General for 6906 Martin Way E
Building Area UnitsSquare Feet
Carport Y/NNo
CityOlympia
CoolingNone
CountyThurston
DirectionsFrom I-5 Exit 109, Go east onto Martin Way E, to property on the left.
HOANo
HOA Fee$
HeatingForced Air, Heat Pump
Listing TermsCash Out, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet28314
Lot Size UnitsSquare Feet
MLS Area451 – Hawks Prairie
ModificationTimestamp2025-08-07T18:22:10.742Z
NWM_ShowMapLinkY
PossessionClosing
Possible UseCommercial, Multi-Family, Office, Retail
Property ConditionFixer
Property Style60 – Comm Bldg Und 10K
Property SubtypeCommercial Industrial
Property TypeCommercial Sale
Public RemarksFor 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 plac
RoofComposition
Senior Community Y/NNo
SewerSeptic Tank
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeUnspecified
Subdivision NameLacey
Tax Annual Amount9194
Tax Year2025
TopographyLevel
Water CompanyThurston PUD
Year Built1978
Zoning DescriptionCommercial, Multi-Family, Office, Retail
Exterior for 6906 Martin Way E
Building Area Total
Exterior AmenitiesWood Products
Foundation DetailsBlock
Irrigation Water Rights Y/NNo
Lot Dimensions109x233x105x265
Lot Size Acres0.65
Site Frontage109
Total Parking0
Water SourcePublic
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®