Historic Mixed-Use
For Sale
Contact for pricing
101 Capitol Way N, Olympia, WA 98501
Downtown Olympia asset with office suites, storefront retail, private parking, and completed seismic improvements.
Property SizeContact for details
Days on Market144
Property Features for 101 Capitol Way N
General Information
Standard status
Active
Total Parking Spaces
30
Property subtype
Mixed Use
Additional Details
Opportunity Zone
Yes
Road Access
Yes
Building Details
Year Built
1888
Buildings
1
Tenancy
Multi
Listing Agency:
Northmarq - Seattle
Listed By:
RJ Vara · License #135292
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 8:42PM
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 Northmarq - Seattle
Investment Insights
Based on property information with market context.
The Mottman Building is a historic mixed-use property at 101 Capitol Way N in downtown Olympia. Its tenant layout is composed primarily of small office suites and mid-sized storefront retail spaces, supported by a 30-stall private parking lot that also generates income. The building was constructed in 1888 and expanded in 1911, with a full seismic retrofit completed to reinforce the structure.
The property is located in the Downtown Olympia Historic District and is listed on the National Register of Historic Places. It has been professionally managed for decades and is situated along a heavily trafficked downtown thoroughfare. The asset is also within a Qualified Opportunity Zone, with tax benefits identified in the property information.
The property is located in the Downtown Olympia Historic District and is listed on the National Register of Historic Places. It has been professionally managed for decades and is situated along a heavily trafficked downtown thoroughfare. The asset is also within a Qualified Opportunity Zone, with tax benefits identified in the property information.
Key Highlights
- Mixed‑use building at 101 Capitol Way N, Olympia, WA 98501
- Office suites and mid‑sized storefront retail spaces
- 30‑stall private parking lot generates additional income
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,415
Businesses Nearby
Explore this area
Business Placement
Demographics for 98501, WA
45,274
Population
19,969
Households
2.3
Avg Household Size
40
Median Age
48%
College-Educated
97%
High-School Grad
34.9 sq mi
ZIP Area
1,297
Density / Sq Mi
$95,695
Median Household Income
$55,909
Median Earnings
$1,600
Median Rent
$485,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown Olympia asset with office suites, storefront retail, private parking, and completed seismic improvements.
Where is this mixed-use property located?
The property is located at 101 Capitol Way N Olympia, WA.
What are key features of this property?
This property features: Mixed‑use building at 101 Capitol Way N, Olympia, WA 98501; Office suites and mid‑sized storefront retail spaces; 30‑stall private parking lot generates additional income
