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Olympia Healthcare Investment Opportunity
For Sale
$5,050,000

115 New View Ct NE, Olympia, WA 98506

9,520 SF medical building near Providence St. Peter Hospital.

Property Size9,400 SF
Lot Size1.10 Acres
Price / SF$45.11
Days on Market103

Property Features for 115 New View Ct NE

General Information

Standard status Active
Size 9,400 SF
Class A
Lot size 1.10 Acres
Property subtype Healthcare

Building Details

Building Size 9,400 SF
Year Built 2009
Buildings 1
Listing Agency: Kidder Mathews - Tacoma
Listed By: Evan Parker · License #81700
Source: Kidder
Added: May 16 Changed: Aug 23 Last Checked: Aug 23 at 11:29AM

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 Kidder Mathews - Tacoma

Investment Insights

Based on property information with market context.

This 9,520 square foot building in Olympia, WA, presents a healthcare investment opportunity. Constructed or renovated in 2009, the property is suited for a standalone Ambulatory Surgery Center (ASC) or medical clinic. It is located on 1.1 acres within the HDC High Density Corridor zone. The property offers turnkey potential for an owner-user or healthcare operator seeking to establish or expand a clinical presence. Its location provides accessibility for patients and integration with referral networks, particularly given its proximity to Providence St. Peter Hospital and the Lilly Road healthcare corridor.

Key Highlights

  • Purpose‑suited for a standalone ASC or medical clinic.
  • Located in Olympia's medically concentrated Lilly Road corridor, near Providence St. Peter Hospital.
  • Turnkey potential for owner‑user or healthcare operator.

Property Analytics

Current Use

Pacific Cataract and Laser ... Eye Care Center Shaun K. Coombs, ... Physician Dr. Robert Ford Ophthalmologist

Suggested Use

Top Pick Auto Parts Store Electrical Service HVAC Service Furniture & Home Goods Kitchen & Bath Showroom Barber Shop

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

2,411
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?
Medical center - 9,520 SF medical building near Providence St. Peter Hospital.
Where is this medical center located?
The property is located at 115 New View Ct NE Olympia, WA.
What is the asking price?
The asking price for this property is $5,050,000.
What are key features of this property?
This property features: Purpose‑suited for a standalone ASC or medical clinic.; Located in Olympia's medically concentrated Lilly Road corridor, near Providence St. Peter Hospital.; Turnkey potential for owner‑user or healthcare operator.
More about this property
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