Health Care

Olympia, WA Healthcare Properties for Sale

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Olympia Healthcare Investment Opportunity
Updated: May 16
Olympia Healthcare Investment Opportunity

115 New View Ct NE, Olympia, WA 98506

$5,050,000
111,949 sqft 1.10 AC lot
Purpose‑suited for a standalone ASC or medical clinic.
Located in Olympia's medically concentrated Lilly Road corridor, near Providence St. Peter Hospital.
Turnkey potential for owner‑user or healthcare operator.
Built/renovated in 2009.
Located within the HDC High Density Corridor zone.
View details
Medical Office Portfolio at Black Hills Medical Park
Updated: Jul 17
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
Portfolio of four medical office properties totaling 33,007 SF (32,105 RSF)
Fully occupied with modified gross leases
Many suites individually metered for electricity and natural gas (gas at 405 only)
Adjacent to MultiCare Capital Medical Center
Convenient access to Highway 101 and I‑5
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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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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.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
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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Medical Condo For Sale
Medical Condo For Sale

403 Black Hills Lane SW, Olympia, WA 98502

$335,000
1,479 sqft

Medical condo with traditional layout, suitable for owner-user.

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Former Veterinary Clinic For Sale
Former Veterinary Clinic For Sale

7447 Martin Way E, Olympia, WA 98516

$650,000
2,457 sqft

Single-story building with fenced yard on 0.6-acre corner parcel.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Olympia Mixed-Use Investment Opportunity
Olympia Mixed-Use Investment Opportunity

1015 4th Ave, Olympia, WA 98502

$850,000
6,505 sqft

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

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Leased Medical Office Clinic
Leased Medical Office Clinic

1625 Cooper Point Rd SW, Olympia, WA 98502

$1,500,000

Fully leased medical office asset operating as an optical clinic with contractual annual rent increases.

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Renovated Pet Hospital For Sale
Renovated Pet Hospital For Sale

1400 Evergreen Park Dr SW, Olympia, WA 98502

$5,200,000

Recently renovated pet hospital with long-term tenant near highways.

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Medical Office Center With Atrium
Medical Office Center With Atrium

3000 Limited Ln NW, Olympia, WA 98502

Contact for pricing

Shared reception and four available suites accommodate medical or professional office users.

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Based on your search, we've compiled 36 Potential Opportunities for your consideration. Besides 10 Active listings in Olympia, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 22 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.

Remodeled Nail Salon
Remodeled Nail Salon

1110 College Street Se F, Lacey, WA 98503

$80,000
1,700 sqft

Fully remodeled nail salon business with an established operation and four full-time staff members.

View details
Turnkey Nail Salon Business
Turnkey Nail Salon Business

F-1110 College St Se, Lacey, WA 98503

$80,000
1,700 sqft

Fully remodeled nail salon available as a turnkey business with stated annual gross of $400,000+.

View details
Medical Office Building For Sale
Medical Office Building For Sale

14818 Pacific Ave S, Tacoma, WA 98444

$489,630
1,718 sqft

Single-tenant medical office with four operatories and upgraded signage.

View details
Medical Office Building For Sale
Medical Office Building For Sale

1628 Mildred St, Tacoma, WA 98465

$8,900,000

Medical office building in Tacoma's Fircrest neighborhood with NNN leases.

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.

3333 Ensign NE Rd
HOMES (RETIRED, NURSING)

3333 Ensign NE Rd, Olympia, WA 98506-5012

$420,000
Estimated value
3,344 sqft 11.15 AC lot
View details
4001 Capital Mall SW Dr
HOMES (RETIRED, NURSING)

4001 Capital Mall SW Dr, Olympia, WA 98502-8657

$1,360,000
Estimated value
47,752 sqft 3.61 AC lot
View details
Olympia, WA 98506
MEDICAL BUILDING

Olympia, WA 98506

$2,105,000
Estimated value
26,002 sqft 2.45 AC lot
View details
500 Lilly NE Rd
MEDICAL BUILDING

500 Lilly NE Rd, Olympia, WA 98506-5195

$6,320,000
Estimated value
88,907 sqft 5.69 AC lot
View details
3525 Ensign Rd Ne Ste B
MEDICAL BUILDING

3525 Ensign Rd Ne Ste B, Olympia, WA 98506-5065

$1,495,000
Estimated value
18,573 sqft 1.45 AC lot
View details
3920 Capital Mall SW Dr
MEDICAL BUILDING

3920 Capital Mall SW Dr, Olympia, WA 98502-8700

$4,365,000
Estimated value
59,373 sqft 0.56 AC lot
View details
403 Black Hls Ln Sw Ste B
MEDICAL BUILDING

403 Black Hls Ln Sw Ste B, Olympia, WA 98502-8600

$315,000
Estimated value
2,335 sqft 0.06 AC lot
View details
403 Black Hls Ln Sw Ste D
MEDICAL BUILDING

403 Black Hls Ln Sw Ste D, Olympia, WA 98502-8600

$185,000
Estimated value
943 sqft 0.03 AC lot
View details
1811 22nd SE Ave
HOMES (RETIRED, NURSING)

1811 22nd SE Ave, Olympia, WA 98501-3023

$565,000
Estimated value
11,696 sqft 0.69 AC lot
View details
3023 Pacific SE Ave
MEDICAL BUILDING

3023 Pacific SE Ave, Olympia, WA 98501-2042

$665,000
Estimated value
6,960 sqft 0.63 AC lot
View details
1105 4th E Ave
MEDICAL BUILDING

1105 4th E Ave, Olympia, WA 98506-4018

$780,000
Estimated value
9,013 sqft 0.36 AC lot
View details
1100 Eastside SE St, Unit 7
MEDICAL BUILDING

1100 Eastside SE St, Olympia, WA 98501-7304

Unit 7
$375,000
Estimated value
3,740 sqft 0.29 AC lot
View details
410 Black Hills Ln
Medical Office Space

410 Black Hills Ln, Olympia, WA 98502

Value Estimation by Request
6,363 sqft
View details
3624 Ensign Rd
Medical Office Space

3624 Ensign Rd, Olympia, WA 98506

Value Estimation by Request
6,140 sqft
View details

Olympia, WA Healthcare Properties Market Trends and Statistics

Explore 32 healthcare properties for sale in Olympia, WA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 168,124 square feet of properties for sale, with an estimated market value of $16,480,000.

Sale prices for medical real estate in Olympia, WA start at $335,000, averaging $2,060,000, and reaching up to $5,200,000 — 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

Spa & wellness properties 5
Medical centers 4
Medical space 4

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 $650K
98502 $1.8M
98506 $3.5M

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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