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    Iconic Tavern with Apartments Above
    Updated: Nov 28, 2025
    Iconic Tavern with Apartments Above

    210 4th Ave E, Olympia, WA

    $1,825,000
    10,800 sqft 0.12 AC lot
    Established tavern with potential to revive as a live music and dancing venue.
    Includes a large bar and commercial kitchen.
    Features 12 apartments above the tavern, providing rental income.
    Rental income ranges from $650 to $1400 per apartment.
    Offers a covered alley space.
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    This listing looks promising.

    Here's a quick look at some key insights for

    210 4th Ave E, Olympia, WA

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    • Est. Cap Rate

      7.4%
      Above avg (5.9%)

    • Est. NOI

      $135K
      Annual

    • Mortgage

      $473K
      Feb 2019

    • Last Sold

      Oct 2004
      $660K

    • Property Type

      Bar, Tavern
      Built 1914
    View Property Analytics
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Olympia, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Property in University Place
    Mixed-Use Property in University Place

    5314-5316 Orchard St W, University Place, WA

    $1,625,000
    10,097 sqft 0.50 AC lot

    Established mixed-use property with flexible space in Tacoma, Washington.

    View details
    42-Unit Apartment Community
    42-Unit Apartment Community

    10701-10702 109th Street SW, Lakewood, WA 98498

    $8,150,000
    39,340 sqft 3.00 AC lot

    Forty-two unit apartment community with 1-, 2-, and 3-bedroom layouts on 3+ acres.

    View details
    3.3 AC IOS Yard
    3.3 AC IOS Yard

    6820 27th St W, University Place, WA 98466

    $1,500,000
    143,748 sqft 4.66 AC lot

    3.3 AC IOS Yard for sale or lease.

    View details
    Turnkey Lakewood Apartment Investment Opportunity
    Turnkey Lakewood Apartment Investment Opportunity

    5226 Chicago Avenue SW, Lakewood, WA 98499

    $4,000,000

    29-unit apartment community in Lakewood's Springbrook neighborhood.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Pahrump Land Investment Opportunity
    Pahrump Land Investment Opportunity

    2001 Casino Street, Pahrump, NV 89048

    Contact for pricing
    0.31 AC lot

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

    View details
    Lancaster Corner Lot Investment Opportunity
    Lancaster Corner Lot Investment Opportunity

    Newgrove Street, Lancaster, CA 93534

    $350,000
    0.17 AC lot

    0.17-acre corner lot in Lancaster with development potential.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    31426 The Old Road N, Castaic, CA 91384

    $2,250,000
    2.05 AC lot

    2+ acres of commercially zoned land with freeway exposure.

    View details
    Development Opportunity with DTLA Views
    Development Opportunity with DTLA Views

    700 Lookout Dr, Los Angeles, CA 90012

    $799,000
    0.22 AC lot

    Land with potential for up to 23 units.

    View details

    Off-Market Properties in Olympia, WA

    Consider similar Off-Market properties in Olympia, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    606 Lilly NE Rd
    APARTMENT HOUSE (5+ UNITS)

    606 Lilly NE Rd, Olympia, WA 98506-5123

    $1,410,000
    Estimated value
    7,912 sqft 7.45 AC lot
    View details
    515 Courtside SW St
    APARTMENT HOUSE (5+ UNITS)

    515 Courtside SW St, Olympia, WA 98502-8708

    $1,565,000
    Estimated value
    8,928 sqft 9.25 AC lot
    View details
    311 Trailblazer SE St
    APARTMENT HOUSE (5+ UNITS)

    311 Trailblazer SE St, Olympia, WA 98503-1611

    $2,260,000
    Estimated value
    3,200 sqft 0.52 AC lot
    View details
    1309 Fern SW St
    APARTMENT HOUSE (5+ UNITS)

    1309 Fern SW St, Olympia, WA 98502-1102

    Value Estimation by Request
    5,766 sqft 2.87 AC lot
    View details
    1309 Fern SW St
    APARTMENT HOUSE (5+ UNITS)

    1309 Fern SW St, Olympia, WA 98502-1102

    Value Estimation by Request
    2,324 sqft 2.41 AC lot
    View details
    1212 Willow SE St, Unit F
    APARTMENT HOUSE (5+ UNITS)

    1212 Willow SE St, Olympia, WA 98503-2363

    Unit F
    Value Estimation by Request
    789 sqft 0.59 AC lot
    View details
    316 Choker SE St
    APARTMENT HOUSE (5+ UNITS)

    316 Choker SE St, Olympia, WA 98503-1501

    $1,995,000
    Estimated value
    10,148 sqft 0.64 AC lot
    View details
    915 Capitol S Way
    APARTMENT HOUSE (5+ UNITS)

    915 Capitol S Way, Olympia, WA 98501-1231

    $1,810,000
    Estimated value
    19,783 sqft 0.34 AC lot
    View details
    110 10th SW Ave
    APARTMENT HOUSE (5+ UNITS)

    110 10th SW Ave, Olympia, WA 98501-1223

    $1,790,000
    Estimated value
    3,894 sqft 0.06 AC lot
    View details
    1420 Fones SE Rd
    APARTMENT HOUSE (5+ UNITS)

    1420 Fones SE Rd, Olympia, WA 98501-2734

    Value Estimation by Request
    1,326 sqft 1.36 AC lot
    View details
    510 Lilly SE Rd
    APARTMENT HOUSE (5+ UNITS)

    510 Lilly SE Rd, Olympia, WA 98501-2148

    $3,655,000
    Estimated value
    5,472 sqft 0.50 AC lot
    View details
    161 Pattison NE St, Unit 3
    APARTMENT HOUSE (5+ UNITS)

    161 Pattison NE St, Olympia, WA 98506-4954

    Unit 3
    Value Estimation by Request
    3,816 sqft 0.45 AC lot
    View details
    1000 Fern SW St
    APARTMENT HOUSE (5+ UNITS)

    1000 Fern SW St, Olympia, WA 98502-6085

    Value Estimation by Request
    9,296 sqft 5.88 AC lot
    View details
    1819 Capitol S Way
    APARTMENT HOUSE (5+ UNITS)

    1819 Capitol S Way, Olympia, WA 98501-2861

    $835,000
    Estimated value
    4,916 sqft 0.15 AC lot
    View details
    8525 Pacific SE Ave
    APARTMENT HOUSE (5+ UNITS)

    8525 Pacific SE Ave, Olympia, WA 98513

    $670,000
    Estimated value
    3,171 sqft 6.65 AC lot
    View details
    1330 Fones SE Rd, Unit 1344
    APARTMENT HOUSE (5+ UNITS)

    1330 Fones SE Rd, Olympia, WA 98501-2786

    Unit 1344
    $1,525,000
    Estimated value
    10,250 sqft 2.44 AC lot
    View details
    9326 Skokomish NE Way
    APARTMENT HOUSE (5+ UNITS)

    9326 Skokomish NE Way, Olympia, WA 98516-6639

    Value Estimation by Request
    4,736 sqft 0.39 AC lot
    View details
    606 Devoe SE St
    APARTMENT HOUSE (5+ UNITS)

    606 Devoe SE St, Olympia, WA 98501-2025

    $1,850,000
    Estimated value
    13,101 sqft 0.49 AC lot
    View details
    1106 Neil NE St
    APARTMENT HOUSE (5+ UNITS)

    1106 Neil NE St, Olympia, WA 98516-6503

    $1,445,000
    Estimated value
    5,200 sqft 0.61 AC lot
    View details
    215 10th SE Ave
    APARTMENT HOUSE (5+ UNITS)

    215 10th SE Ave, Olympia, WA 98501-9312

    $715,000
    Estimated value
    22,810 sqft 0.43 AC lot
    View details
    2115 9th SW Ave
    APARTMENT HOUSE (5+ UNITS)

    2115 9th SW Ave, Olympia, WA 98502-5100

    $4,435,000
    Estimated value
    1,188 sqft 1.40 AC lot
    View details
    5600 Dunham Dr
    APARTMENT HOUSE (5+ UNITS)

    5600 Dunham Dr, Olympia, WA 98501

    Value Estimation by Request
    18,177 sqft 0.96 AC lot
    View details
    4943 Dunham SE Dr
    APARTMENT HOUSE (5+ UNITS)

    4943 Dunham SE Dr, Olympia, WA 98501-6521

    Value Estimation by Request
    9,960 sqft 1.75 AC lot
    View details

    Olympia, WA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Olympia, WA on our real estate platform. These investment opportunities span a total of 10,800 square feet of properties for sale, with an estimated market value of $1,825,000.

    Sale prices for two-family homes in Olympia, WA start at $1,825,000, averaging $1,825,000, and reaching up to $1,825,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 241K
    Population Growth (5Y) +8.3%
    Median Household Income $94,198
    College Educated 31.7%

    High-Yield Neighborhoods for Investment

    Identify Olympia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98506 $4.9M

    Taxes & Financing

    Tax Rate (average for all types) 0.90%
    Property Tax per SF $10.62 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Olympia fall within the 10,000 to 25,000 square foot range.

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