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    210 4Th Ave E Olympia, WA 98501

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    For Sale
    $1,950,000

    Tavern with commercial kitchen and 12 apartments above.

    Property size:
    10,800 SF
    Lot size:
    0.12 Acres

    Property Features for 210 4Th Ave E

    General Information

    Size
    10,800 SF
    Lot size
    0.12 Acres

    Source: Coldwell Banker/Evergreen Agent Deborah Draper-Aikins

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

    Overview

    Iconic Tavern with Apartments Above

    This property features a tavern with a commercial kitchen, a large bar, a covered alley space, and a large area suitable for live music and dancing. Above the tavern are 12 apartments with rents ranging from $650 to $1400. Two of the apartments have been recently remodeled. The property has a size of 10800 square feet. The property was a popular venue for live music and dancing and could potentially be again.
    Insight Report Location Intelligence

    Current Use by Public Records

    Antique Junkie Antique Store Moclips Barbershop Barber Shop Rhythms Coffee Coffee Shop 4th Ave Tavern Bar & Grill

    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.

    Similar Places Nearby

    Coffee Central, CELINE, Plum Street Espresso, Swing Wine Bar, Capitol Dome Deli

    Location Insight

    • Map
    • Local Demand
    City
    Olympia
    County
    Thurston
    State
    Washington
    Longitude
    -122.899963
    Latitude
    47.0452877

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    FAQs

    What type of property is this?
    Bar - Tavern with commercial kitchen and 12 apartments above.
    Where is this bar located?
    The property is located at 210 4Th Ave E Olympia, WA.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - Established tavern with potential to revive as a live music and dancing venue.; - Includes a large bar and commercial kitchen.; - Features 12 apartments above the tavern, providing rental income.
    (360) 791-3869
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    210 4Th Ave E 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
    210 4Th Ave E Olympia, WA 98501
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