74-Suite Office Building with Ground
For Sale
Contact for pricing
203 4th Ave E, Olympia, WA 98501
Downtown Olympia office building with 74 suites, including six ground-level retail spaces, and over 94% occupancy.
Property Size31,459 SF
Price / SF$102.23
Days on Market160
Property Features for 203 4th Ave E
General Information
Standard status
Active
Size
31,459 SF
Property subtype
OFFICE
Additional Details
Office Units
69
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
The Rants Group
(360) 943-8060
Listed By:
Zeke Rehn · License #23295
(360) 915-5678
Source:
Moodyscre
Added: Apr 7
Changed: Aug 14
Last Checked: Sep 13 at 9:29AM
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 The Rants Group
Investment Insights
Based on property information with market context.
The Security Building is a multi-tenant office building offering 74 individual suites across the property. The building totals 31,459 SF and is currently over 94% occupied. Suite mix includes six ground level retail spaces and 69 executive office suites on floors 2 through 5.
Located at 203 4th Ave E in Olympia, WA 98501, the configuration supports tenants seeking both street-level retail exposure and office space within the same asset. The tenancy includes a diverse group of occupants, and some tenants are currently below market rate rents, creating a potential value-add component while maintaining strong occupancy.
For investors and operators, the building’s size, floor-by-floor layout, and substantial suite count provide multiple leasing opportunities under one ownership structure.
Located at 203 4th Ave E in Olympia, WA 98501, the configuration supports tenants seeking both street-level retail exposure and office space within the same asset. The tenancy includes a diverse group of occupants, and some tenants are currently below market rate rents, creating a potential value-add component while maintaining strong occupancy.
For investors and operators, the building’s size, floor-by-floor layout, and substantial suite count provide multiple leasing opportunities under one ownership structure.
Key Highlights
- 31,459 SF office building with 74 individual suites
- Over 94% occupied
- Six ground level retail spaces
Property Analytics
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Current Use
Lease Details
69
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,648
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Downtown Olympia office building with 74 suites, including six ground-level retail spaces, and over 94% occupancy.
Where is this office building located?
The property is located at 203 4th Ave E Olympia, WA.
What is the asking price?
The asking price for this property is $3,216,000.
What are key features of this property?
This property features: 31,459 SF office building with 74 individual suites; Over 94% occupied; Six ground level retail spaces
