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Mixed-Use Property with Two Buildings
For Sale
$929,600

115 Eastside, Olympia, WA 98506

General Commercial-zoned site with separate residential-scale and commercial buildings suited to office, medical, educational, or creative uses.

Property SizeContact for details
Lot Size0.24 Acres
Days on Market13

Property Features for 115 Eastside

General Information

Standard status Active
Total Parking Spaces 4
Lot size 0.24 Acres
Property subtype Commercial
Zoning General Commercial

Building Details

Year Built 2013
Buildings 2
Listing Agency: Morrison House Sotheby's Intl
Listed By: Christina Keller
Source: Skylineproperties
Added: Aug 8 Changed: Aug 18 Last Checked: Aug 19 at 10:03AM

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 Morrison House Sotheby's Intl

Investment Insights

Based on property information with market context.

This 0.24-acre Olympia property includes two buildings totaling over 5,500 square feet. The smaller cottage provides 936 SF above grade plus a 936 SF basement, offering room for residential, executive office, administrative, storage, or workspace functions. A separate 3,712 SF commercial building contains 2,104 SF on the main floor and 1,608 SF upstairs, including vaulted flex space and a full bathroom. The building was previously used as a veterinary clinic and has a layout adaptable to office, medical, wellness, educational, or creative operations.

General Commercial zoning supports a range of commercial applications, while existing infrastructure and four on-site parking spaces add functional utility. Street parking is also available. The property is approximately 6 minutes from the Washington State Capitol. Preliminary residential conversion concepts include approximately 3-bedroom, 2-bedroom, and 1-bedroom configurations, subject to buyer verification.

Key Highlights

  • Two buildings totaling over 5,500 square feet on 0.24 acres
  • 3,712 SF commercial building with 2,104 SF main floor and 1,608 SF second level
  • 936 SF cottage plus an additional 936 SF basement

Property Analytics

Current Use

Olympia Veterinary Specialists ... Veterinary Clinic

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.

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?
Mixed-use property - General Commercial-zoned site with separate residential-scale and commercial buildings suited to office, medical, educational, or creative uses.
Where is this mixed-use property located?
The property is located at 115 Eastside Olympia, WA.
What is the asking price?
The asking price for this property is $929,600.
What are key features of this property?
This property features: Two buildings totaling over 5,500 square feet on 0.24 acres; 3,712 SF commercial building with 2,104 SF main floor and 1,608 SF second level; 936 SF cottage plus an additional 936 SF basement
More about this property
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