Olympia Commercial Lot For
For Sale
Contact for pricing
400 State Ave NE, Olympia, WA 98501
Vacant commercial lot with redevelopment potential in desirable area.
Lot Size0.45 Acres
Days on Market504
Property Features for 400 State Ave NE
General Information
Standard status
Active
Lot size
0.45 Acres
Property subtype
Land
Listing Agency:
The Rants Group
(360) 352-7822
Listed By:
Danielle Rants · License #WA 23029550
Source:
Crexi
Added: Mar 14, 2025
Changed: Jul 6
Last Checked: Jul 30 at 5:06AM
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 The Rants Group
Investment Insights
Based on property information with market context.
This vacant commercial lot, totaling 0.45 acres, presents significant redevelopment potential in a highly desirable area. The property is zoned Urban Waterfront, allowing for a variety of uses such as retail, multifamily, or mixed-use developments. It is situated within an Opportunity Zone and is adjacent to the Downtown InterCity Transit Station. The lot is easily accessible from Adams Street NE or State Ave NE. A Phase II Environmental Site Assessment has been completed with favorable results.
Key Highlights
- Significant redevelopment potential in a highly desirable area.
- Zoned Urban Waterfront, allowing for retail, multifamily, or mixed‑use development.
- Located within an Opportunity Zone.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,648
Businesses Nearby
Explore this area
Business Placement
Demographics for 98501, WA
45,274
Population
19,969
Households
2.3
Avg Household Size
40
Median Age
48%
College-Educated
97%
High-School Grad
34.9 sq mi
ZIP Area
1,297
Density / Sq Mi
$95,695
Median Household Income
$55,909
Median Earnings
$1,600
Median Rent
$485,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Vacant commercial lot with redevelopment potential in desirable area.
Where is this commercial land located?
The property is located at 400 State Ave NE Olympia, WA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Significant redevelopment potential in a highly desirable area.; Zoned Urban Waterfront, allowing for retail, multifamily, or mixed‑use development.; Located within an Opportunity Zone.
