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Retail Storefront with Multiple Entrances
For Lease
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109 5th Avenue SW, Olympia, WA 98501

Versatile 1,600 SF storefront includes two separate entrances and two staircases to an upper level.

Space Size8,672 SF
Days on Market52

Property Features for 109 5th Avenue SW

General Information

Standard status Active
Size 8,672 SF
Property subtype Retail

Building Details

Building Size 8,672 SF
Year Built 1937
Tenancy Single

Spaces For Lease

at 109 5th Avenue SW Contact us

Available Space

Size
8,672 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Coldwell Banker Evergreen
Listed By: Deborah Draper-Aikins · License #WA
Source: Crexi
Added: Jul 10 Changed: Aug 15 Last Checked: Aug 29 at 6:58AM

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 Coldwell Banker Evergreen

Investment Insights

Based on property information with market context.

This versatile retail commercial space is 1,600 SF and configured with two separate entrances and two staircases that lead to the upper level, supporting flexible use of the layout. The space was previously operated as a hair salon and still has some plumbing in place, which may be beneficial for certain service and retail concepts.

The property is available for lease at $1,600 per month, plus utilities, and requires a minimum three-year lease term. The offering is located at 109 5th Avenue SW in Olympia, WA 98501.

Key Highlights

  • 1,600 SF commercial space with a versatile layout for salon, retail, office, or other business uses
  • Two separate entrances plus two staircases leading to the upper level
  • Former hair salon; some plumbing remains in place

Property Analytics

Current Use

Exit Puzzles Escape ... Arcade & Gaming Center Psychic Sister Clothing Store

Suggested Use

Top Pick Pharmacy (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Pet Grooming Service Electrical 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

Location Intelligence

Trade Area within ½ mile

2,620
Businesses Nearby

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Versatile 1,600 SF storefront includes two separate entrances and two staircases to an upper level.
Where is this retail space located?
The property is located at 109 5th Avenue SW Olympia, WA.
What are key features of this property?
This property features: 1,600 SF commercial space with a versatile layout for salon, retail, office, or other business uses; Two separate entrances plus two staircases leading to the upper level; Former hair salon; some plumbing remains in place
(360) 791-3869 Call to check price and availability
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