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    Olympia, WA Commercial Real Estate for Sale

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    67 properties
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    Storefront with New HVAC
    Updated: Jul 27
    Storefront with New HVAC

    501 S Capitol Way, Olympia, WA 98501

    $995,000
    8,672 sqft
    7,072 sq ft on the main floor
    1,600 sf ft of upstairs space
    Three current tenants: Escape Puzzle Room, Harlequin Productions, and Super Silver Jewelry store
    All tenant leases are month to month
    New HVAC system
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    NNN-Leased Grocery Property
    Updated: Oct 14
    NNN-Leased Grocery Property

    1313 Cooper Point Rd, Olympia, WA 98502

    $19,305,000
    74,607 sqft
    74,607 SF grocery property, built in 1987
    Absolute NNN lease with Albertsons‑backed tenant credit
    Five 5‑year options; each includes a 10% rent escalation
    Cap rate reaches 6.05% in 2030
    At the US 101 interchange; combined traffic exceeds 120,000 vehicles per day
    View details
    Four-Suite Office Building
    Four-Suite Office Building

    3912 Martin, Olympia, WA 98506

    $1,695,000
    8,447 sqft

    Four-office-suite building will be vacant at closing and can be reconfigured into a larger space.

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    See hot listings in Olympia

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Olympia Healthcare Investment Opportunity
    Olympia Healthcare Investment Opportunity

    115 New View Ct NE, Olympia, WA 98506

    $5,050,000
    111,949 sqft 1.10 AC lot

    9,520 SF medical building near Providence St. Peter Hospital.

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    Medical Office Building with Vacant Suite
    Medical Office Building with Vacant Suite

    3910 Martin Way, Olympia, WA 98506

    $3,695,000
    8,265 sqft

    Two 2006-built medical office buildings, including a currently vacant space with suites that can be combined.

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    Restaurant Building with Commercial Kitchen
    Restaurant Building with Commercial Kitchen

    110-9323 Martin Way E, Olympia, WA 98516

    $425,000
    1,200 sqft

    Equipped for dine-in, takeout, and delivery operations with on-site parking.

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    Olympia Office Building For Sale
    Olympia Office Building For Sale

    3912 Martin Way E, Olympia, WA 98506

    $1,695,000
    8,203 sqft

    Office building in Olympia, WA, featuring multiple suites and parking.

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    Downtown Corner Retail Building
    Downtown Corner Retail Building

    501 Capitol, Olympia, WA 98501

    $995,000
    8,672 sqft

    Multi-tenant corner retail building with main-floor retail space and additional upstairs area, featuring newly installed HVAC.

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    Leased Medical Office Space
    Leased Medical Office Space

    365 Cooper Point Road, Olympia, WA 98502

    Contact for pricing
    5,280 sqft 0.52 AC lot

    A 10-year lease to an audiology practice anchors this healthcare-oriented property near Capital Medical Center.

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    Multifamily Property with Leased Parking
    Multifamily Property with Leased Parking

    906 908 Adams Street SE, Olympia, WA 98501

    $998,000
    4,776 sqft

    Two residential buildings share a parcel with leased parking and flexible month-to-month tenancy.

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    Classic Office Building Near Courthouse
    Classic Office Building Near Courthouse

    917 Lakeridge Way SW, Olympia, WA 98502

    $2,675,000
    17,836 sqft

    Three-story office building with flexible floor plans and ample parking.

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    Medical Office Property
    Medical Office Property

    405 Black Hills Lane SW, Olympia, WA 98502

    Contact for pricing
    12,730 sqft

    The fully occupied asset comprises four buildings with metal roofs across four parcels.

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    Multi-Tenant Medical Office Space
    Multi-Tenant Medical Office Space

    410 Black Hills Lane SW, Olympia, WA 98502

    Contact for pricing
    6,222 sqft

    Three occupied suites are improved for medical office use.

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    Mixed-Use Property with Office and Aquatics
    Mixed-Use Property with Office and Aquatics

    110 Delphi NW, Olympia, WA 98502

    Contact for pricing
    10,928 sqft 3.27 AC lot

    The 3.27-acre site includes two occupied spaces, with a lease extending through 2032.

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    Classic Brick Office Buildings
    Classic Brick Office Buildings

    2420-2424 Bristol Ct SW, Olympia, WA 98502

    $4,500,000
    35,738 sqft

    Two well-maintained office buildings near the Thurston County Courthouse.

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    Classic Brick Office Buildings
    Classic Brick Office Buildings

    919-921 Lakeridge Way SW, Olympia, WA 98502

    $3,200,000
    27,990 sqft

    Two well-maintained office buildings near the Thurston County Courthouse.

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    Mixed-Use Property with Two Buildings
    Mixed-Use Property with Two Buildings

    115 Eastside, Olympia, WA 98506

    $929,600
    0.24 AC lot

    General Commercial-zoned site with separate residential-scale and commercial buildings suited to office, medical, educational, or creative uses.

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    Medical Office Portfolio at Black Hills Medical Park
    Medical Office Portfolio at Black Hills Medical Park

    402 BLACK HILLS LN SW OLYMPIA WA 98502-8145, Olympia, WA 98502

    Contact for pricing
    33,007 sqft

    Four fully occupied medical office properties offer modified gross leases and individually metered utilities within Black Hills Medical Park.

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    Level Graded Commercial Land Pad
    Level Graded Commercial Land Pad

    2520 Park View Street Northeast, Olympia, WA 98506

    $1,199,000
    0.96 AC lot

    Level, graded commercial pad with utilities at street and 26th Avenue frontage for retail, commercial, or office development.

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    Versatile Building with Redevelopment Potential
    Versatile Building with Redevelopment Potential

    509 4th Avenue E, Olympia, WA 98501

    $1,475,000
    13,657 sqft 0.48 AC lot

    13,657 SF building with showroom, storage, and redevelopment options.

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    Office Building Near Hospital
    Office Building Near Hospital

    703 Lilly Rd NE, Olympia, WA 98506

    Contact for pricing
    3,856 sqft

    Professional workspace with access to I-5 and nearby residential and commercial areas.

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    Industrial Land Near I-5
    Industrial Land Near I-5

    8838 Blomberg Street Southwest, Olympia, WA 98512

    $2,580,317
    9 sqft 9.00 AC lot

    9-acre industrial land parcel with I-5 access.

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    Olympia Mixed-Use Investment Opportunity
    Olympia Mixed-Use Investment Opportunity

    1015 4th Ave, Olympia, WA 98502

    $895,000
    6,505 sqft

    Mid-century modern building suitable for owner/user or investment.

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    Medical Office Building Near Hospital
    Medical Office Building Near Hospital

    3610 Ensign Rd NE, Olympia, WA 98506

    $2,000,000
    6,222 sqft

    6,222 SF medical office building across from Providence St. Peter Hospital.

    View details
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    Olympia, WA Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Olympia, WA, showcased through 67 active listings on our real estate platform. These investment opportunities span a total of 665,951 square feet of properties for sale, with an estimated market value of $82,409,866.

    Sale prices for business properties in Olympia, WA start at $250,000, averaging $2,060,246, and reaching up to $19,305,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    Olympia, WA CRE market trends — vacancy, lease rates and price per SF, updated monthly
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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
    98516 $537.5K
    98501 $1M
    98502 $1.6M
    98506 $2.1M
    98512 $2.7M

    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.

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Olympia, WA

    • 98502
    • 98501
    • 98506
    • 98512
    • 98516
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