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    1920 State Ave NE Olympia, WA 98506

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    For Sale
    $489,000

    Commercial building featuring ADA access, offices, and functional basement.

    Property Features for 1920 State Ave NE

    General Information

    Standard status
    Active

    Building Details

    Year built
    1901

    Source: COLDWELL BANKER/EVERGREEN Agent DEBORAH DRAPER-AIKINS

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

    Overview

    Commercial Building with ADA Access

    This commercial building, first time on the market, originally constructed in 1955 as a full brick home, has been converted for commercial use and includes ADA access. The layout features four offices, a kitchen, a reception area, and an ADA-compliant restroom. A full, functional basement is also included. Some parking is available in the back. The property has previously served as a flower shop and a chiropractic office. It offers high visibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Marjean Swartling, DC Chiropractor Sound Hellerwork Massage Therapist Koa’e’ula Acupuncture PLLC Acupuncture Clinic

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Olympia
    County
    Thurston
    State
    Washington
    Longitude
    -122.8746966
    Latitude
    47.0471317

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    FAQs

    What type of property is this?
    Office space - Commercial building featuring ADA access, offices, and functional basement.
    Where is this office space located?
    The property is located at 1920 State Ave NE Olympia, WA.
    What is the asking price?
    The asking price for this property is $489,000.
    What are key features of this property?
    This property features: - High visibility location, perfect for attracting clients.; - ADA accessibility ensures inclusivity for all.; - Commercial conversion with existing office layout featuring 4 offices and a reception area.
    Request Owner's contact information
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    Olympia, WA 98506
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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
    1920 State Ave NE Olympia, WA 98506
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