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    Olympia, WA
    Flex Space

    Olympia, WA Flex Space for Sale

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    Tumwater, WA Lacey, WA Shelton, WA Tenino, 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.
    View details
    See what stands out in Thurston County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second 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 Shop Area
    Flex Space with Shop Area

    1101 N National Ave, Chehalis, WA 98532

    $699,999
    2,890 sqft

    Commercially zoned building combining office space, high-ceiling shop space, and multiple bathrooms.

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    Flex Warehouse and Office Site
    Flex Warehouse and Office Site

    1579 N National Ave, Chehalis, WA 98532

    Contact for pricing
    14,264 sqft 2.20 AC lot

    Two warehouses plus a recently updated office building offer combined warehouse, yard, and office/admin space.

    View details
    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.

    View details
    Flex Space with Shop Area
    Flex Space with Shop Area

    1127 N Tower Avenue, Centralia, WA 98531

    Contact for pricing

    Industrial building with showroom, office, kitchen, and a heated workshop under one roof.

    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.

    112 Lilly NE Rd
    LIGHT INDUSTRIAL

    112 Lilly NE Rd, Olympia, WA 98506

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

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

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

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

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

    4225 Harrison NW Ave, Olympia, WA 98502-5069

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

    6221 Rich Rd, Olympia, WA 98501

    Value Estimation by Request
    4,944 sqft 0.49 AC lot
    View details
    6221 Rich Rd
    Flex space

    6221 Rich Rd, Olympia, WA 98501

    Value Estimation by Request
    4,944 sqft 0.49 AC lot
    View details
    8208 River Dr
    Flex space

    8208 River Dr, Olympia, WA 98501

    Value Estimation 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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    Most Searched ZIP Codes in Olympia, WA

    • 98501
    • 98512

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