Olympia, WA Office Property For Sale

Located in a Qualified Opportunity Zone

Downtown Business District (DB) Zoning - very development friendly: no parking requirements, no minimum setbacks, no density (units/acre) maximum, and max height of 75’ but allows an additional 2 stories with an 8’ step back.

Olympia’s Downtown Historic District - With a walk score of 89, tenants have easy access to a variety of different restaurants, bars, coffee shops, and shopping.

Superior Demographics in Olympia - Olympia’s average household income is $95,966 and the median household income is over $70,000. The median home value in the 98501 Zip Code is $528,591

Commutable to Over 712,000 Jobs

Covered Land Play - Potential revenue during entitlement phase from existing 32,343 sf commercial building and 49 stall surface parking lot

Green Space - Across the street from Sylvester Park and one block from the waterfront Heritage Park on Capitol Lake.

Entire half-block site with Water & Capitol Views

Attractive Financing and Developer Terms - Seller financing available. Alternatively Seller will offer developer terms

Turnkey medical office near Multicare Capital Medical Center. 1,476 SF with efficient layout. 4 exam rooms with sinks, 2 offices, one with private restroom, large reception, admin area, storage, and ADA restroom. Medical complex with convenient parking and access. Available to show.

ABOUT THE PROPERTY

Offering 3,312 sq ft of adaptable space and nine convenient parking stalls. The location has intercity transit lines near by, and very close to I-5. The first floor has 2-3 Private offices with an open space meeting room and 2 bathrooms. The basement floor has 1 private office with 2 open space meeting rooms and 1 bathroom. Rooms could be demised if there was a need for more private offices.

ABOUT THE INVESTMENT

Stabilized long term NNN investment. The owner just executed a 5 year lease with two 3 year options to renew for 100% of the building. Tenant is ideally looking to stay 10+ years.

Welcome to a prime investment opportunity or owner-operator office space in this centrally located building featuring 7 versatile offices. Ideal for entrepreneurs seeking a centralized workspace, the layout ensures flexibility in different offices. For investors, the property comes current tenants willing to stay, providing immediate rental income and a hassle-free ownership experience. The building’s prime location in the West Hills Office Park II, near amenities and major transportation routes, adds to its appeal. Don’t miss out on this turnkey opportunity that blends owner operator, and investment potential.

Fantastic office opportunity situated on bus line between downtown Olympia and bustling westside of Olympia. Many rooms contain sinks and open areas for service professionals. Opportunity for office/residential use or redevelopment. Rare 13 parking stalls onsite with easy access to Harrison Avenue.

Immaculately kept office building in WestHills Office Park. Building has been occupied by original owner since its completion. Very well maintained, with great layout, open reception, large conference room and multiple private offices. Ideal set up for lawyer, accountant, insurance or medical. Don't miss this great opportunity to own!

Six Building office portfolio in Olympia WA. Building addresses include 2420, 2424 Bristol Ct. SW, 917, 919, 921 Lakeridge Way SW and 1110 Jefferson. Buildings were previously listed. Please call broker for additional/new information on this portfolio opportunity.

Professional building on Olympia's westside. Former law office with high end build out in professional office park. Good parking, private and nice setting. Seller has installed new LED lighting and new HVAC system will be installed prior to closing. Seller will consider short term real estate contract to qualified buyer.

35k+ vehicles per day on heavily traveled Martin Way - Hard Corner parcel with existing structure. Highly visible and easily accessible via lighted intersection. Contact LA broker for additional details.

Prime redevelopment site available in downtown Olympia near state capitol. Previously Department of Children, Youth and Families. Forty-six parking stalls beneath two stories of 24,878 SF. Near 1-5, local and regional transit. Zoned Downtown Business allowing for "additional development of a dense mix of urban housing." Priced for redevelopment to meet housing demand. Could also be redeveloped for office, medical, or retail.

We are pleased to present the opportunity to acquire the fee simple interest in the historic Mottman Building, a mixed-use building in the heart of downtown Olympia, the capitol of Washington state (“The Offering”). Mostly consisting of small office and mid-sized storefront retail suites, the Offering boasts strong historical occupancy and a 30-stall private parking lot that generates additional income. Situated along the most heavily trafficked thoroughfare in downtown Olympia, the building was constructed in 1888 and expanded in 1911. A full seismic retrofit was completed to shore up the structure and enhance the enduring quality of this historic property, which has been professionally managed for decades.

The Offering resides in the Downtown Olympia Historic District and is listed on the National Register of Historic Place, which brings building code lenience and tax benefits. Additionally, The Offering is in a Qualified Opportunity Zone adding further tax incentives allowing investors to defer capital gains.

An incoming investor will enjoy an attractive in-place return and scheduled annual rent increases as a hedge against inflation. Additional upside can be achieved through raising parking stall rates to market and renegotiating certain below market rents to market upon renewals.

Great stand-alone office building in well maintained business park. Move in ready building with 4 private offices on the first floor and 4 private offices on the 2nd floor. 2 separate restrooms downstairs, plenty of storage, with kitchenette and large open area upstairs. Easy maintain brick and cedar exterior, fully landscaped with sprinkler system. Plenty of on-site reserved parking. Easy access to I-5 and close to medical services.

Campus like setting just north of Black Lake Blvd on Olympia's Westside. 0.65 acres with dedicated parking lot, as well as adjacent street parking. Each building is 2,841 SF and share a courtyard. HDC-4 zoning allows for future possibilities.

Commercial condo available for sale. Currently occupied, but can be owner occupied at closing.

Set up for medical use.

Great area with nearby services, easy access and good parking.

State-of-the-art 12,000 SF 16-bed inpatient psychiatric hospital located in Olympia, WA. Following a multi-year approval process with the municipality and state to secure approvals for the project, the facility was completed as a build-to-suit development for a national inpatient psychiatric hospital operator that. The hospital was designed to operate as an inpatient psychiatric hospital building, which will be transferred with an “Approval to Use” from the Washington Department of Health (“DOH”) and the Certificate of Need ("CON") will be assigned to the acquirer, allowing for any “behavioral health” use.

This well maintained office building has 6,914 square feet of office space + an underground parking garage that is an additional 6,944 sq ft with room to park 10 cars + two large storage rooms/offices. Features 5 private offices, very large conference room, cubicle space, kitchen and open reception area. Entry to the parking garage is through US West property.