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    123 4Th Ave W Olympia, WA 98501

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    For Lease
    $28 SF/Yr ($11,666 /Mo)

    Three commercial spaces available in Olympia's premier apartment mid-rise.

    Property size:
    5,000 SF
    Lot size:
    0.66 Acres

    Property Features for 123 4Th Ave W

    General Information

    Size
    5,000 SF
    Lot size
    0.66 Acres

    Source: Prime Locations, Inc. Agent Gina McKune

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

    Overview

    Olympia Retail Spaces For Lease

    Three commercial spaces are available for rent in Olympia's premier apartment mid-rise. One space offers 1,500 square feet on 4th Avenue, another provides 1,500 square feet on Columbia Street, and the third features 2,000 square feet on 5th Avenue. The spaces are suitable for coffee shops, taprooms, delis, and convenience stores. Note that a type 1 hood is not available. Tenant improvements are negotiable. The total property size is 5,000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    123 4th Apartments Apartment Building

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Olympia
    County
    Thurston
    State
    Washington
    Longitude
    -122.9025671
    Latitude
    47.044687

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    FAQs

    What type of property is this?
    Retail space - Three commercial spaces available in Olympia's premier apartment mid-rise.
    Where is this retail space located?
    The property is located at 123 4Th Ave W Olympia, WA.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - Premier apartment mid-rise location in Olympia; - Three commercial spaces available; - Space sizes: 1,500 sq ft (4th Avenue), 1,500 sq ft (Columbia St), 2,000 sq ft (5th Avenue)
    (360) 943-9922
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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
    123 4Th Ave W Olympia, WA 98501
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