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    2005 Ascension Ave NW Olympia Olympia, WA 98502

    For Sale
    $699,999

    Stand-alone restaurant ready for new operators on Olympia's Westside.

    Property size:
    1,620 SF

    Property Features for 2005 Ascension Ave NW Olympia

    General Information

    Standard status
    Active
    Size
    1,620 SF

    Building Details

    Year built
    1904

    Source: GREENE COMMERCIAL Agent QUINT NEWELL

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

    Overview

    Turnkey Restaurant Opportunity in Olympia

    This is a stand-alone restaurant property located on Olympia's Westside. The property, with a size of 1620 square feet, presents a turnkey opportunity for restaurant operators. Formerly the location of La Petite Maison, this fully operational and licensed restaurant business is available for new ownership.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

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

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

    Similar Places Nearby

    All About Pad Thai

    Location Insight

    • Map
    • Local Demand
    City
    Olympia
    County
    Thurston
    State
    Washington
    Longitude
    -122.926203
    Latitude
    47.0449718

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    FAQs

    What type of property is this?
    Restaurant - Stand-alone restaurant ready for new operators on Olympia's Westside.
    Where is this restaurant located?
    The property is located at 2005 Ascension Ave NW Olympia Olympia, WA.
    What is the asking price?
    The asking price for this property is $699,999.
    What are key features of this property?
    This property features: - Turnkey restaurant opportunity.; - Stand-alone restaurant on Olympia's Westside.; - Fully operational and licensed restaurant business.
    Request Owner's contact information
    2005 Ascension Ave NW Olympia Olympia, WA 98502
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    Olympia, WA 98502
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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
    2005 Ascension Ave NW Olympia Olympia, WA 98502
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