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Top-Floor Office Space with Views
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1115 W Bay Dr NW, Olympia, WA 98502

Spacious office with waterfront views, patios, and flexible layout.

Space Size440 SF - 5,588 SF
Lot Size2.28 Acres
Days on Market274

Property Features for 1115 W Bay Dr NW

General Information

Standard status Active
Size 440 SF - 5,588 SF
Lot size 2.28 Acres
Property subtype OFFICE
Lease Type Full Service

Spaces For Lease

at 1115 W Bay Dr NW Contact us

West Bay Office with Fantastic Views! $1,200/Mo

Floor 1
Size 440 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, Now
Enjoy impressive views of Budd Bay Inlet from this efficient ground-floor office suite at 1115 West Bay Drive NW. The space offers a bright, professional setting in a beautifully situated waterfront property just minutes from downtown Olympia. Located on the first floor, the suite provides convenient access from both the building’s front entrance and covered parking area. Tenants also benefit from the property’s ample parking, 24-hour access, and peaceful setting surrounded by mature landscaping. An excellent opportunity for a small business or professional seeking a well-located office with exceptional waterfront views.
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West Bay Office with Fantastic Views! $27/SF/Yr

Floor 2
Size 1,809 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, On Available Date
Beautifully finished professional office suite with views of Budd Bay Inlet and the surrounding wooded area. Suite 202 features five spacious private offices, including a corner office with large windows and a private balcony, plus a large reception/entry area and kitchen/breakroom. Conveniently located near downtown Olympia with ample surface and covered parking, 24-hour access, common-area restrooms, and signage opportunities. 360 Virtual Tour Coming Soon
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West Bay Office with Fantastic Views! $26/SF/Yr

Floor 3
Size 5,588 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE
This top-floor office space boasts an expansive open floor plan, breathtaking waterfront views, and multiple deck patios. The floorplan includes six large perimeter offices, a conference room, ample storage space, a work area, a reception and waiting area, two private restrooms (one with a shower), a kitchen/breakroom with patio, and a large open area with space for more than 10 9'x9' workstations. The space may be demised into smaller suites.
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Listing Agency: The Rants Group
Listed By: Cecilia Videla · License #25011930
Source: Moodyscre
Added: Jan 27 Changed: Oct 27 Last Checked: Oct 28 at 12:12PM

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 The Rants Group

Rey
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Investment Insights

Based on property information with market context.

This top-floor office space features an expansive open floor plan and waterfront views, complemented by multiple deck patios. The 5588-square-foot space includes six large perimeter offices, a conference room, ample storage, and a work area. A reception and waiting area are also present. The suite contains two private restrooms, one of which includes a shower. A kitchen and breakroom area with an adjacent patio are available. The large open area can accommodate more than 10 workstations, each measuring 9'x9'. The space may be divided into smaller suites.

Key Highlights

  • Breathtaking waterfront views and multiple deck patios.
  • Expansive open floor plan with flexible layout.
  • Potential to be demised into smaller suites.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Gibbs & Olson Inc Land Surveyor madrona psychological Physician Owens Davies, P.S. Law Firm Budsberg Law Group, ... Law Firm Sculpt Studio x ... Spa & Massage Center

Suggested Use

Top Pick Pharmacy Auto Parts Store HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store

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
$0.39 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

366
Businesses Nearby

Demographics for 98502, WA

35,698
Population
15,550
Households
2.3
Avg Household Size
41
Median Age
52%
College-Educated
97%
High-School Grad
63.4 sq mi
ZIP Area
563
Density / Sq Mi
$87,154
Median Household Income
$46,404
Median Earnings
$1,569
Median Rent
$496,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office unit - Spacious office with waterfront views, patios, and flexible layout.
Where is this office unit located?
The property is located at 1115 W Bay Dr NW Olympia, WA.
What is the lease rate?
The lease rate is $1,200/Mo.
What are key features of this property?
This property features: Breathtaking waterfront views and multiple deck patios.; Expansive open floor plan with flexible layout.; Potential to be demised into smaller suites.
(360) 915-5955 Call to check price and availability
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