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Craftsman-Style Office Building
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1009 State Ave NE, Olympia, WA 98506

Mixed-use zoning and a two-level layout support flexible commercial or residential planning.

Space Size1,972 SF
Days on Market8

Property Features for 1009 State Ave NE

General Information

Standard status Active
Size 1,972 SF
Net Rentable 1,972 SF
Property subtype OFFICE
Zoning mixed use
Lease Type NNN

Space & Availability

Available Space 1,972 SF
Contiguous Space 1,972 SF
Private Offices 4

Amenities

decorative fireplace
full kitchen
laundry room
hard wood flooring
off street parking
detached garage

Building Details

Year Built 1901
Building Size 1,972 SF
Construction Craftsman

Spaces For Lease

at 1009 State Ave NE Contact us

Downtown Olympia Craftsman-Style in Mixed Use Zoning $3,000/Mo

Size
1,972 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
Downtown Olympia location zoned mixed use (potential for commercial/residential hybrid)....
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Listing Agency: Olympic Rentals
Listed By: Todd Monohon
Source: Moodyscre
Added: Aug 25 Changed: Aug 31 Last Checked: Aug 31 at 4:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Olympic Rentals

Investment Insights

Based on property information with market context.

This 1,972-square-foot Craftsman-style office building dates to 1901 and has received new exterior and interior paint, carpet, and bathroom flooring. Hardwood floors add character throughout the property. The main level features a spacious lobby with a decorative non-functional fireplace, two offices, a three-quarter bathroom, and a full kitchen. Upstairs are two additional offices with built-in shelving, a laundry room with washer and dryer hookups, and a full bathroom.

The property is located in downtown Olympia and is zoned mixed use, with potential for a commercial/residential hybrid. Off-street parking is available at the front and rear of the building, and a detached one-car garage/shop provides additional functional space.

Key Highlights

  • 1,972 SF Craftsman‑style office building constructed in 1901
  • Mixed‑use zoning with potential for a commercial/residential hybrid
  • Main level includes lobby, two offices, 3/4 bathroom, and full kitchen

Property Analytics

Current Use

Partners In Prevention Education ... Charitable Organization

Suggested Use

Top Pick Auto Parts Store Pharmacy (Bike/Boat/Book/etc) Store Electrical Service Locksmith HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.74 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,855
Businesses Nearby

Demographics for 98506, WA

19,198
Population
9,041
Households
2.1
Avg Household Size
44
Median Age
51%
College-Educated
96%
High-School Grad
22.4 sq mi
ZIP Area
857
Density / Sq Mi
$93,968
Median Household Income
$50,388
Median Earnings
$1,431
Median Rent
$469,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Mixed-use zoning and a two-level layout support flexible commercial or residential planning.
Where is this office building located?
The property is located at 1009 State Ave NE Olympia, WA.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: 1,972 SF Craftsman‑style office building constructed in 1901; Mixed‑use zoning with potential for a commercial/residential hybrid; Main level includes lobby, two offices, 3/4 bathroom, and full kitchen
(360) 790-1477 Call to check price and availability
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