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    Olympia, WA Commercial Real Estate for Sale

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    Well-Maintained Office Building For Sale
    Updated: Mar 5
    Well-Maintained Office Building For Sale

    234 8th Avenue SE, Olympia, WA 98501

    $999,000
    6,914 sqft 0.23 AC lot
    Prime corner location at 8th and Franklin.
    Large 6914 SF main floor office space.
    Secured underground parking garage (approx. 1
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    This listing looks promising.

    Here's a quick look at some key insights for

    234 8th Avenue SE Olympia, WA 98501

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $90K
      Annual

    • Price @ 7% Cap

      $1.29M
      Above asking
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    Mixed-Use Office and Warehouse Property
    Updated: Jul 18
    Mixed-Use Office and Warehouse Property

    1806 4th Ave E, Olympia, WA 98506

    $575,000
    2,300 sqft 0.16 AC lot
    Mixed‑use property on a 7,000 SF lot with two separate buildings and two addresses for flexible use
    Front building: approx. 900 SF Craftsman‑style office, extensively updated around 1995 with new electrical, plumbing, and HVAC
    Front building includes a full basement for storage or additional workspace
    Rear building: approx. 850 SF living space plus a 22' x 25' garage/warehouse with 12' ceilings
    Rear warehouse has an oversized 11' high by 12' wide overhead door, suitable for equipment, shop, or secure storage
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    Medical Office Portfolio in Medical Park
    Medical Office Portfolio in Medical Park

    404 Black Hills Ln SW, Olympia, WA 98502

    $7,250,000
    33,007 sqft

    Four fully occupied medical office properties totaling 32,105 rentable square feet in Olympia’s Black Hills Medical Park.

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    Versatile Building with Redevelopment Potential
    Versatile Building with Redevelopment Potential

    509 E 4th Avenue, Olympia, WA 98501

    $1,499,000
    13,657 sqft 0.48 AC lot

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

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    Olympia Corner Building Near Freeway
    Olympia Corner Building Near Freeway

    2120 Caton Way SW, Olympia, WA 98502

    $1,599,000
    4,584 sqft

    Well-maintained professional/medical office building with ample parking near freeway.

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    Historic Restaurant Building with Skylit Dining
    Historic Restaurant Building with Skylit Dining

    112 Cherry Street NE, Olympia, WA 98501

    $1,300,000
    5,867 sqft 0.14 AC lot

    Steel-reinforced concrete restaurant building with large street and alley-facing windows, skylit dining, kitchen vent hoods, and two HVAC systems.

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    High Traffic Olympia Office Building
    High Traffic Olympia Office Building

    3435 Martin Way E, Olympia, WA 98506

    $2,100,000
    13,120 sqft

    Two-story office building with diverse tenant mix and high visibility.

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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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    Commercial
    Commercial

    116 NE State Avenue, Olympia, WA 98501

    $736,000
    2,000 sqft

    Storefront properties · 2,000 SF

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    Olympia Healthcare Investment Opportunity
    Olympia Healthcare Investment Opportunity

    115 New View Ct NE, Olympia, WA 98506

    Contact for pricing
    9,520 sqft 1.10 AC lot

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

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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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    159.66 Acres Near Olympia
    159.66 Acres Near Olympia

    11938 Case Extension Road SW, Olympia, WA 98512

    $1,500,000
    8,720 sqft 159.66 AC lot

    Large acreage with barn, pasture, timber, I-5 frontage.

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    High-Visibility Retail Space Available
    High-Visibility Retail Space Available

    4014 Martin Way E, Olympia, WA 98506

    $6,200,000
    28,020 sqft

    Retail space on Martin Way with high traffic volume.

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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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    Renovated Olympia Office Building For Sale
    Renovated Olympia Office Building For Sale

    2404 Chandler Ct SW, Olympia, WA 98502

    $6,750,000
    29,866 sqft

    Completely renovated office building with excellent parking, near Highway 101.

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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.

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    Cold Storage Warehouse Complex
    Cold Storage Warehouse Complex

    545 Ronlee Ln NW, Olympia, WA 98502

    Contact for pricing
    8,000 sqft 1.19 AC lot

    Two cold-storage capable warehouse buildings on a fenced, gated site with grade-level roll-up doors and 3-phase power.

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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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    Retail and Live-Work Building
    Retail and Live-Work Building

    509 4th Avenue E, Olympia, WA 98501

    $1,475,000
    13,657 sqft

    Building includes a 4,900 SF showroom with rear storage, plus space leased through 5/27.

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    Updated Medical Office Building
    Updated Medical Office Building

    300 Lilly Rd NE, Olympia, WA 98506

    Contact for pricing
    2,723 sqft

    Updated private office/clinic building with seven offices, large waiting/reception, and on-site parking.

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    Turnkey Restaurant Opportunity in Olympia
    Turnkey Restaurant Opportunity in Olympia

    2005 Ascension Ave NW, Olympia, Olympia, WA 98502

    $699,999
    1,620 sqft

    Stand-alone restaurant ready for new operators on Olympia's Westside.

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    Olympia Retail, Office, Warehouse Buildings
    Olympia Retail, Office, Warehouse Buildings

    3456 Martin Way E, Olympia, WA 98506

    Contact for pricing
    7,572 sqft 0.46 AC lot

    Retail, office, and industrial warehouse buildings with long-term tenants.

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    Olympia Industrial Land For Sale
    Olympia Industrial Land For Sale

    2407 Maytown Rd SW, Olympia, WA 98512

    $5,000,000
    8,160 sqft

    Industrial land suitable for freight and logistics companies.

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    Olympia, WA Commercial Real Estate Market Trends and Statistics

    Explore 86 commercial real estate for sale in Olympia, WA, showcased through 86 active listings on our real estate platform. These investment opportunities span a total of 847,760 square feet of properties for sale, with an estimated market value of $74,400,165.

    Sale prices for business properties in Olympia, WA start at $250,000, averaging $1,690,912, and reaching up to $7,250,000 — 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
    98501 $1.6M
    98506 $1.9M
    98502 $2M
    98512 $2.8M
    98516 $4.8M

    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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    Most Searched ZIP Codes in Olympia, WA

    • 98502
    • 98501
    • 98506
    • 98512
    • 98516

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