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    1025 State Ave NE Olympia, WA 98506

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    For Sale
    $1,162,000

    Turnkey veterinary clinic in downtown Olympia with flexible commercial zoning.

    Property size:
    4,648 SF

    Property Features for 1025 State Ave NE

    General Information

    Standard status
    Active
    Size
    4,648 SF

    Source: KIDDER MATHEWS Agent EVAN PARKER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Veterinary Clinic in Olympia

    This turnkey veterinary clinic is located in downtown Olympia. The property is zoned General Commercial, which is the most liberal zoning designation. The site encompasses 0.24 acres. The property includes a small house or commercial office space of 936 square feet, with an additional 936 square foot basement suitable for storage. This space could function as a house or an adjacent office, allowing for administration or additional rental income. The larger veterinary building features a vaulted conference room space and a shower on the second floor. The second floor measures 1,608 square feet, while the first floor provides 2,104 square feet. There are four parking spots on site, plus ample street parking.
    Location Intelligence

    Current Use by Public Records

    Medical space

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Olympia
    County
    Thurston
    State
    Washington
    Longitude
    -122.8891658
    Latitude
    47.0464045

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    FAQs

    What type of property is this?
    Medical space - Turnkey veterinary clinic in downtown Olympia with flexible commercial zoning.
    Where is this medical space located?
    The property is located at 1025 State Ave NE Olympia, WA.
    What is the asking price?
    The asking price for this property is $1,162,000.
    What are key features of this property?
    This property features: - Turnkey veterinary clinic in downtown Olympia core.; - General Commercial zoning (most liberal zoning).; - 2,104 SF first floor veterinary building.
    Request Owner's contact information
    1025 State Ave NE Olympia, WA 98506
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1025 State Ave NE Olympia, WA 98506
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