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    119 Washington St NE Olympia, WA 98501

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    For Sale
    $975,000

    Well-maintained 7,680 SF retail/office building in downtown Olympia.

    Property size:
    7,680 SF
    Lot size:
    0.11 Acres

    Property Features for 119 Washington St NE

    General Information

    Size
    7,680 SF
    Lot size
    0.11 Acres

    Source: Van Dorm Realty, Inc. Agent Jorge Ruiz

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

    Overview

    Downtown Olympia Retail/Office Building

    This well-maintained 7,680 square foot building is suitable for retail or office use. The building has two floors, each with 3,840 square feet, and offers various suite sizes and options. The interior features tall ceilings and large picture windows, with an open concept design. The corner lot location provides high traffic counts and visibility, offering maximum business exposure in Downtown Olympia.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    KXXO Mixx 96.1 Radio Broadcaster

    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
    -122.9007728
    Latitude
    47.0456465

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    FAQs

    What type of property is this?
    Retail space - Well-maintained 7,680 SF retail/office building in downtown Olympia.
    Where is this retail space located?
    The property is located at 119 Washington St NE Olympia, WA.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - Premier location in Downtown Olympia.; - High traffic counts and great corner lot visibility for maximum business exposure.; - 7,680 sf building with flexible suite sizes and options.
    (360) 485-9110
    Request Owner's contact information
    119 Washington St 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
    119 Washington St NE Olympia, WA 98501
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