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Former Olympia Brewery property sold for $4 million

Published  December 26, 2015 6:05pm PST
Associated Press













TUMWATER, Wash. (AP) — The former Olympia Brewery property in Tumwater has been sold for $4 million.

The buyer, Tumwater Development LLC of Anaheim California, registered as a corporation in Washington on Dec. 14.

The Olympian reports (http://is.gd/yyVOCO) a real estate excise tax affidavit concerning the sale was filed Thursday morning with the Thurston County treasurer's office.

The vacant property has attracted potential buyers over the years, but no deal came to fruition. A public auction was held in October and three of its four parcels received bids that were well below market value.

Thurston County Treasurer Shawn Myers says all the parcels have now sold at close to their assessed value.

Further information about what the buyer plans to do with the property was not immediately available.