This morning I was asked if I knew any buildings in downtown Olympia for sale. If I could get $1 for every time someone asks me this question, I would be rich. There is a myth that downtown Olympia is not doing well. There are only 2 buildings in downtown Olympia listed as on the market right now. Both of them are close to going to auction, both of them are huge, both of them are overpriced for the amount of work required, neither of them would work for a bank loan.
My 2 cents.
Finding a building in downtown Olympia IS possible, but it is all about who you or your agent knows and patience. You need to have a good relationship with someone who does this for a living. We are the only ones who have the patience and the reason to keep checking back in with the building owners. So, find an agent who is connected to building owners downtown, put the word out quietly, and then wait.
Wednesday, January 21, 2009
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