Flex Space

Olympia, WA Flex Space for Sale

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Tumwater, WA Lacey, WA Tenino, WA Shelton, WA Anderson Island, WA Allyn, WA Longbranch, WA Lakebay, WA
Renovated Multi-Suite Flex Space
Updated: Mar 26
Renovated Multi-Suite Flex Space

6221 Rich Rd SE, Olympia, WA 98501

Contact for pricing
66,722 sqft
66,722‑square‑foot flex‑space property across 23 suites
96.4% occupied rent roll
Recent renovations to suites and supporting infrastructure
LI‑C zoning designation
1971 construction year
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Tumwater Light Industrial Parcel
Updated: Jun 2, 2023
Tumwater Light Industrial Parcel

9733 Lathrop Industrial Dr SW, Olympia, WA 98512

$450,000
Convenient location: Less than 1 mile from Interstate 5 in Tumwater.
Fenced and mostly paved: Previously used as a contractor's yard, offering a secure and usable space.
Sizeable usable area: Approximately 61,000 SF of fenced usable area.
Water and power available: Essential utilities readily accessible on site.
Development potential: Suitable for owner‑user, mini‑storage, flex space, or a small industrial building.
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Olympia, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Flex Space with Loading Dock
Flex Space with Loading Dock

300 S Tower Ave, Centralia, WA 98531

Contact for pricing
15,000 sqft

The building combines showroom, parts and service areas, office space, and upper-level storage.

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Remodeled Warehouse with Office
Remodeled Warehouse with Office

2500 Mottman Rd SW, Tumwater, WA 98512

Contact for pricing
31,675 sqft

Recently remodeled warehouse with ample office space, offering combined storage and office use.

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Flex Warehouse with Retail Frontage
Flex Warehouse with Retail Frontage

502 Custer Way W, Tumwater, WA 98501

Contact for pricing

Flexible industrial warehouse with retail or office frontage and a secure private parking garage.

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Flex Warehouse with Office
Flex Warehouse with Office

1221 Mellen St, Centralia, WA 98531

Contact for pricing
1,000 sqft 161,000.00 AC lot

Small warehouse and office combination on a former car lot site.

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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.

112 Lilly NE Rd
LIGHT INDUSTRIAL

112 Lilly NE Rd, Olympia, WA 98506

Estimated value:
$225,000
1,920 sqft 0.32 AC lot
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312 73rd NE Ave
LIGHT INDUSTRIAL

312 73rd NE Ave, Olympia, WA 98506-9771

Estimated value:
$250,000
1,593 sqft 0.15 AC lot
View details
1015 85th SE Ave
LIGHT INDUSTRIAL

1015 85th SE Ave, Olympia, WA 98501-5706

Estimated value:
$390,000
1,600 sqft 1.60 AC lot
View details
4225 Harrison NW Ave
LIGHT INDUSTRIAL

4225 Harrison NW Ave, Olympia, WA 98502-5069

Estimated value:
$325,000
1,152 sqft 0.33 AC lot
View details
6221 Rich Rd
Distribution properties

6221 Rich Rd, Olympia, WA 98501

Estimated value: by Request
4,944 sqft 0.49 AC lot
View details
6221 Rich Rd
Flex space

6221 Rich Rd, Olympia, WA 98501

Estimated value: by Request
4,944 sqft 0.49 AC lot
View details
8208 River Dr
Flex space

8208 River Dr, Olympia, WA 98501

Estimated value: by Request
28,750 sqft 2.44 AC lot
View details

Olympia, WA Flex Space Market Trends and Statistics

Explore 9 flex space for sale in Olympia, WA on our real estate platform. These investment opportunities span a total of 66,722 square feet of properties for sale, with an estimated market value of $450,000.

Sale prices for business spaces in Olympia, WA average $450,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Flex space 8
Truck terminals 2

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
98512 $450K

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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