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    201 5Th Ave SW Olympia, WA 98501

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    For Lease
    $18 SF/Yr ($5,379 /Mo)

    Office suites available in Heritage Bank Building with premier views.

    Property size:
    3,586 SF
    Lot size:
    1.35 Acres

    Property Features for 201 5Th Ave SW

    General Information

    Size
    3,586 SF
    Lot size
    1.35 Acres

    Source: Kidder Mathews Agent Amy Harding

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

    Overview

    Office Space with Capitol Views

    Located in the Heritage Bank Building, this property offers views of the state capitol, Capitol Lake, the Olympic Mountain Range, and Budd Inlet. On-site parking is available. Redevelopment is currently underway on the entire block. Two suites are available. Suite 301, formerly a lawyer's office, offers 5,154 square feet of space. Suite 401 comprises an entire floor, providing 6,586 square feet. A tenant improvement package is available for qualified tenants, or the suites can be taken as-is.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Donna Moir - Heritage ... Business Banking Service Daryl Fourtner - Heritage ... Business Banking Service Scott Michie - Heritage ... Business Banking Service Blake Lindskog - Heritage ... Bank Szurszewski Charles E Attorney

    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
    -122.903067
    Latitude
    47.0434382

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    FAQs

    What type of property is this?
    Office space - Office suites available in Heritage Bank Building with premier views.
    Where is this office space located?
    The property is located at 201 5Th Ave SW Olympia, WA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Premier location in Heritage Bank Building with stunning views of the state capitol, Capitol Lake, Olympic Mountain Range, and Budd Inlet.; - Two suites available: Suite 301 (5,154 SF) and Suite 401 (6,586 SF - Entire Floor).; - Tenant Improvement package available for qualified tenant, or take the space as-is.
    (360) 705-1337
    Request Owner's contact information
    201 5Th Ave SW 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
    201 5Th Ave SW Olympia, WA 98501
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