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Corner Lot Retail-Office Building
For Lease
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119 Washington St NE, Olympia, WA 98501

Well-maintained building with corner-lot visibility and flexible suite sizes up to the full building.

Space Size7,680 SF
Days on Market326

Property Features for 119 Washington St NE

General Information

Standard status Active
Size 7,680 SF
Property subtype RETAIL
Lease Type Modified Gross

Amenities

tall ceilings
large picture size windows
open concept

Building Details

Stories 2

Spaces For Lease

at 119 Washington St NE Contact us

Rockway-Leland Building - Retail & office Space $12 – $15/SF/Yr

Size
7,680 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
Beautifully maintained retail / office building available, rent entire 7,680 sf building...
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Listing Agency: Century 21 Van Dorm Realty
Listed By: Jorge Ruiz
Source: Moodyscre
Added: Oct 21, 2025 Changed: Sep 3 Last Checked: Sep 11 at 11:41AM

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 Century 21 Van Dorm Realty

Investment Insights

Based on property information with market context.

Beautifully maintained retail and office building available for lease, offering the option to rent the entire building or smaller suites. The space is configured with two floors, each providing 3,840 square feet, and multiple suite sizes are available.

The building is situated on a corner lot with visibility designed to support business exposure, and the interior features include tall ceilings, large picture windows, and an open concept layout.

The property is located in Downtown Olympia at 119 Washington St NE.

Key Highlights

  • 7,680 SF retail/office building available as a whole or in smaller suites
  • Each floor offers 3,840 SF, with multiple suite sizes and leasing options
  • Corner‑lot location with high traffic counts for strong business exposure

Property Analytics

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Current Use

KXXO Mixx 96.1 Radio Station

Suggested Use

Top Pick Pharmacy Carpet & Flooring Store Electrical Service (Bike/Boat/Book/etc) Store Locksmith HVAC Service

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,415
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Well-maintained building with corner-lot visibility and flexible suite sizes up to the full building.
Where is this retail space located?
The property is located at 119 Washington St NE Olympia, WA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 7,680 SF retail/office building available as a whole or in smaller suites; Each floor offers 3,840 SF, with multiple suite sizes and leasing options; Corner‑lot location with high traffic counts for strong business exposure
(360) 485-9110 Call to check price and availability
More about this property
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