Olympia, WA Retail Property For Sale

Unveil the potential of Olympia’s “Spoon Building”, a 6,502 sq. ft commercial space ideally located at Cherry St and State Ave. Recently renovated exterior with striking curb appeal sets the stage. Inside, a blank canvas awaits, featuring separate entrances with a warehouse/garage door bay for added versatility. Perfect for a restaurant, brewery or divisible into two or three separate units for retail, office, and dining, this space offers limitless business opportunities in downtown Olympia.

Benefiting from high traffic counts on 4th Ave and State Ave, with excellent visibility for passing drivers, this location ensures your business will stand out. Schedule a viewing today and transform your vision into reality.

Classic downtown Olympia industrial and retail building located next to Percival Landing, this piece of history is currently occupied by four tenants who are generating income. All tenants have short-term leases, which provides for flexible redevelopment opportunities. An excellent waterfront location within walking distance of all downtown restaurants and activities. The property includes a small parking lot at the back facing the waterfront.

Formerly occupied by an auto-glass repair business, the property features four (4) grade-level doors, three (3) bays, a customer service/reception area, a back office, a break room, an unfinished office, and loft space for storage. It is an ideal location for automotive-related businesses or other uses needing flex space with offices. Located approximately 1/2 mile from Interstate 5 on Plum St, with high visibility and traffic on the main road to downtown Olympia.

Lot of character in this former jewelry store w/high brick walls. Would make a great restaurant! Upstairs was a 3000 sq ft apartment many years ago. Could be great for several offices. New roof, heatpumps and electrical panels. Seller will consider owner finance with $400k down.

Great investment opportunity in Downtown Olympia! This fully leased building has 3 tenants producing stable income for any future buyer. Building features 3 separately metered storefronts on 4th ave and Washington St. Ductwork inside has recently been redone in this sprinkled space, and two new tenants are completing aesthetic improvements on the interior. Call LA for showings!

Tremendous opportunity to own your piece of Olympia! Hard to find large stand-alone building with tons of parking. Just shy of 18,000 SF, this property has over 130 parking stalls. Ideal for church, large retailer, medical or develop into housing or mixed-use. HDC-4 zoning on almost 2 ac allows for a number of different uses. Put your own stamp on Olympia's growth and redevelopment!

We are pleased to present the opportunity to acquire Corona's Taqueria Y Mas, a Single-Tenant NNN investment in Olympia, Washington. The property is ideally located within Olympia's main daily needs corridor and benefits from it's location along Pacific Ave SE, with visibility to over 22,000 vehicles per day. Adjacent property to the East also available.

LONG TERM COMMITMENT: The tenant recently exercised a 5-year lease with annual rent bumps demonstrating their commitment to the location.

INFLATION PROTECTION: Future ownership will benefit from annual rent escalations of $350 with an average cap rate over the lease term of 8.16%.

MINIMAL LANDLORD RESPONSIBILITY: The tenant operates on a NNN lease structure.

HIGH TRAFFIC AREA: The property benefits from its location along Pacific Ave SE, with visibility to over 22,000 vehicles per day.

PROXIMITY TO NEARBY RETAIL: Situated in Olympia's main daily needs corridor benefiting from its proximity to major retailers.

LOW VACANCY IN SURROUNDING SUB MARKET: Current retail vacancy in the immediate vicinity is below 3%.

We are pleased to present the opportunity to acquire an 8,000 SF partial owner-user investment, available at $175 per square foot, well below replacement cost. The property is currently 55% vacant, with an additional 24% occupied by a month-to-month tenant, allowing for up to 79% or 6,355 SF to be owner-occupied. The property has ample parking, with 63 spaces and is ideally situated along Pacific Ave SE, benefiting from over 22,000 vehicles per day. Adjacent property to the west also available.

Owner-User Opportunity: The property is currently 55% vacant, with an additional 24% occupied by a month-to-month tenant.

Replacement Cost: The property is offered at a price of $175 per square foot, well below replacement cost.

High Traffic Area: The property benefits from its location along Pacific Ave SE, with visibility to over 22,000 vehicles per day.

Abundance of Parking: The property offers ±63 parking stalls with a parking ratio of 7.8/1,000 SF.

Proximity to Nearby Daily Needs Corridor: Situated in Olympia's main daily needs corridor, benefiting from its proximity to major retailers.

Low Vacancy in Surrounding Submarket: Current retail vacancy in the immediate vicinity is below 3%.

Former home to Jake’s on 4th, this extremely unique downtown building has 4,509 sq ft of bar/restaurant space on the 1st floor, and 4,288 sq ft on the second. The Bottom floor is equipped with a kitchen and Type 1 hood, sound equipment, stage with existing can lighting, DJ booth, full bar, pool table, two bathrooms, large open

space for possible seating, and more! The kitchen features a walk-up food window for service to the curb of the building. The upper floor features an unfinished living/apartment area, walk-in fridge and freezer, tons of office and storage space, and 2 more bathrooms. Don’t miss your chance to revitalize this space!

ONE OF A KIND building in Downtown Olympia! Formerly a tea-shop, this time machine is loaded with an original mahogany back bar/cooler, astonishing woodwork, tables and chairs relocated from a old tavern in Wales, 2 year old roof, small kitchen with a hood, and hard wiring on the front bar for espresso machines and ice machine! Outside stairs on the side of the building lead up to a parking lot where you could let your imagination run wild... Call LA today for a showing!

Great retail location on 4th Ave. 4,900 sq ft of retail space available +1200 sq ft of storage space. Remainder leased to ballet school thru 6/2027. Also available for lease for $12NNN. NNNs are $3.50

Spacious retail space for sale just off I-5! With 12 parking spaces and unmatched visibility, the Lighthouse Antiques and Crafts building is a great opportunity for an owner/user, or possible investment property. Traffic counts estimated at 20k+. Tenants are on 1 year lease. Call LA for showings.