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Downtown Olympia Retail Space Available
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510 State Ave NE, Olympia, WA

Retail spaces available in downtown Olympia with high visibility.

Space Size1,550 SF - 2,073 SF
Lot Size1.68 Acres
Days on Market2636

Property Features for 510 State Ave NE

General Information

Standard status Active
Size 1,550 SF - 2,073 SF
Lot size 1.68 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 510 State Ave NE Contact us

Westman Mill $20/SF/Yr

Size
2,073 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
Sublease
No
WESTMAN MILL has great visibility on State Ave. in downtown Olympia. Located in front...
show more
Contact us

Westman Mill $20/SF/Yr

Size
1,550 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
Sublease
No
WESTMAN MILL has great visibility on State Ave. in downtown Olympia. Located in front...
show more
Contact us
Listing Agency: Coldwell Banker/Evergreen
Listed By: Deborah Draper-Aikins
Source: Moodyscre
Added: Jun 7, 2019 Changed: Aug 8 Last Checked: Aug 23 at 3:52AM

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 Coldwell Banker/Evergreen

Investment Insights

Based on property information with market context.

Located on State Avenue in downtown Olympia, the Westman Mill property offers retail spaces with high visibility. The property is situated in front of the Children's Hands On Museum, which attracts over 300,000 visitors annually. It is also located blocks away from two marinas, City Hall, the Farmer's Market, and the Percival Boardwalk. Retail tenants will benefit from the 85 residential units located on the four floors above. Outdoor seating will be available on both ends of the building. Two suites are close to move-in ready, one measuring 1230 square feet and the other 1550 square feet. The tax ID numbers for the property are 66130000411, 66130000414, and 66130000415.

Key Highlights

  • High visibility location on State Ave. in downtown Olympia.
  • Located in front of the Children's Hands On Museum (over 300,000 visitors annually).
  • 85 residential units located on the 4 floors above the retail space.

Property Analytics

Current Use

Hillary Allen-Kissick, MD Pediatrician Westman Mills Apartment Building Sofie's Scoops Gelateria ... Grocery & Convenience Store Kinwell Primary Care ... Medical Clinic

Suggested Use

Top Pick Auto Parts Store Pharmacy HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Locksmith

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,778
Businesses Nearby

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail spaces available in downtown Olympia with high visibility.
Where is this retail space located?
The property is located at 510 State Ave NE Olympia, WA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: High visibility location on State Ave. in downtown Olympia.; Located in front of the Children's Hands On Museum (over 300,000 visitors annually).; 85 residential units located on the 4 floors above the retail space.
(360) 791-3869 Call to check price and availability
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