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Convenience Store with Propane
For Sale
$499,900

8245 Rich Road, Olympia, WA 98501

Convenience store with propane sales, a commercial kitchen, and upstairs rental or living potential on three parcels.

Property SizeContact for details
Lot Size0.50 Acres
Days on Market482

Property Features for 8245 Rich Road

General Information

Standard status Active
Lot size 0.50 Acres
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $5,429

Amenities

commercial kitchen
3

Building Details

Year Built 1917
Listing Agency: eXp Realty
Listed By: Janie Mahon
Source: Xome
Added: Apr 17, 2025 Changed: Aug 7 Last Checked: Aug 11 at 5:02AM

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 eXp Realty

Investment Insights

Based on property information with market context.

This convenience store property includes propane sales and a commercial kitchen, with additional upstairs space offering rental or living potential. The offering consists of three total parcels totaling just over a half-acre lot.

Positioned in a central area between East Olympia and Yelm, the site is designed to support a retail operation. The buyer is responsible for verifying all information.

The property’s existing configuration combines retail and propane-related operations with an upstairs area that may be adaptable to residential or rental use, subject to buyer verification.

Key Highlights

  • Convenience store with currently operating propane sales
  • Commercial kitchen on‑site
  • Upstairs space with rental or living potential

Property Analytics

Current Use

East Olympia Grocery Grocery & Convenience Store ATM Atm

Suggested Use

Top Pick Building Supply Restaurant Law Firm Pharmacy Garden Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

45
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Convenience store with propane sales, a commercial kitchen, and upstairs rental or living potential on three parcels.
Where is this grocery and convenience store located?
The property is located at 8245 Rich Road Olympia, WA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Convenience store with currently operating propane sales; Commercial kitchen on‑site; Upstairs space with rental or living potential
More about this property
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