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Historic Office Building with Parking
For Sale
$449,000

1625 4th Ave E, Olympia, WA 98501

Three main-floor offices and an upstairs bonus area support a flexible commercial layout.

Property SizeContact for details
Days on Market58

Property Features for 1625 4th Ave E

General Information

Standard status Active
Property subtype Commercial

Additional Details

Office Units 3

Building Details

Year Built 1918
Construction bungalow
Listing Agency: BHGRE - Northwest Home Team
Listed By: Leah Martz
Source: Homesinseattlearea
Added: Jul 16 Changed: Sep 9 Last Checked: Sep 11 at 11:23AM

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 BHGRE - Northwest Home Team

Investment Insights

Based on property information with market context.

Located at 1625 4th Ave E in Olympia, this historic bungalow is configured for office use with three distinct office areas on the main level and an additional bonus space upstairs. The layout offers multiple interior zones within a single commercial property.

Off-street parking is included, and the property has visibility suitable for on-site advertising. Its established bungalow character and separated office areas provide a practical setting for an office user seeking a recognizable commercial presence in Olympia.

Key Highlights

  • Historic commercial bungalow configured for office use
  • Three separate office spaces on the main floor
  • Bonus space located upstairs

Property Analytics

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Open Analytics

Current Use

Pacific Coast Shellfish ... Corporate Office Thomas Findlay Inc Accounting Software Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Catering Service Storage Facility Carpet & Flooring Store Locksmith

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

3
Office units

Location Intelligence

Trade Area within ½ mile

1,015
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?
Office building - Three main-floor offices and an upstairs bonus area support a flexible commercial layout.
Where is this office building located?
The property is located at 1625 4th Ave E Olympia, WA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Historic commercial bungalow configured for office use; Three separate office spaces on the main floor; Bonus space located upstairs
More about this property
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