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    115 State Ave NE Olympia, WA 98501

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    For Lease
    $1,500 /Mo ($83 SF/Yr)

    Unique office spaces in downtown Olympia's historic James Martin Warehouse.

    Property size:
    215 SF
    Lot size:
    0.47 Acres

    Property Features for 115 State Ave NE

    General Information

    Size
    215 SF
    Lot size
    0.47 Acres

    Source: Olympic Rentals Agent Todd Monohon

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

    Overview

    Urban Offices in Historic Building

    Located in the heart of downtown Olympia, The Warehouse at 115 State Ave NE, within the Olympia Press Building, offers urban office spaces. These newly constructed offices are situated in the historic 1922 James Martin Warehouse. The property aims to foster interaction among businesses and non-profits, providing both private, Class A office space and a collaborative environment. The available glass-front office suites include access to conference rooms, a grand lobby gathering space suitable for events, a kitchen area, and storage. The property is intended for established, community-oriented businesses seeking growth. Office spaces range in size, with rents varying from $900 to $1500.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Warehouse Urban Offices Real Estate Agency NextLaw Law Firm Olympia Downtown Alliance Non-Profit Organization Olympic Rental & Landlord ... Property Management Company Garrett Lafferty, John ... Real Estate Agent

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Olympia
    County
    Thurston
    State
    Washington
    Longitude
    -122.9013877
    Latitude
    47.045631

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    FAQs

    What type of property is this?
    Office space - Unique office spaces in downtown Olympia's historic James Martin Warehouse.
    Where is this office space located?
    The property is located at 115 State Ave NE Olympia, WA.
    What is the lease rate?
    The lease rate is $83 SF/Yr.
    What are key features of this property?
    This property features: - Class A office space in a newly constructed urban office environment.; - Located in the heart of downtown Olympia within the historic 1922 James Martin Warehouse.; - Encourages interaction and collaboration between businesses.
    (360) 790-1477
    Request Owner's contact information
    115 State Ave NE Olympia, WA 98501
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    Olympia, WA 98501
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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
    115 State Ave NE Olympia, WA 98501
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