Search
Built-Out Spa & Salon Space
For Lease
Contact for pricing

207 State Avenue NW, Olympia, WA 98501

Retail suite offers eight private rooms and ADA restroom with water-view visibility downtown.

Space Size55,020 SF
Days on Market64

Property Features for 207 State Avenue NW

General Information

Standard status Active
Size 55,020 SF
Property subtype Retail

Additional Details

Business Included Yes
Office Units 8

Building Details

Year Built 2022
Stories 4
Listing Agency: Coldwell Banker Evergreen
Listed By: Deborah Draper-Aikins · License #WA
Source: Crexi
Added: Jun 4 Changed: Jul 10 Last Checked: Aug 4 at 1:59PM

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 Coldwell Banker Evergreen

Investment Insights

Based on property information with market context.

This spa/salon space is fully built out for wellness services, with a reception area, eight private rooms, and an ADA restroom. The layout is designed to support client flow and multiple treatment spaces within a single retail suite.

Positioned across the street from the popular Row restaurant, the space benefits from frequent foot traffic and water views. It is located within The Madrone, a newer downtown waterfront project featuring four floors of apartments with ground-floor retail.

With its existing private-room configuration and client-facing reception, the suite is well suited for operators seeking a turnkey spa or salon environment. The open-ready retail framework also supports other uses where the existing treatment-room layout and ADA-accessible restroom can be accommodated. Nearby 2-hour parking provides convenient short-term access for clients.

Key Highlights

  • 1,981 SF retail suite for lease in The Madrone, built in 2022
  • Built out as a spa/salon with 8 private rooms, reception area, and an ADA restroom
  • Water‑view visibility and located across the street from the Row restaurant with lots of foot traffic

Property Analytics

Current Use

207 State Ave ... Parking Lot & Garage

Suggested Use

Top Pick Pharmacy (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service Locksmith HVAC Service

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

8
Office units
Turnkey business
Opportunity
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,415
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Roadmaps Therapeutics and Massage 113 legion way sw, olympia, wa 98501
  • Jana L. Wiley, Lac 1020 5th Ave SW, Olympia, WA 98502
  • Wenner Suzanne 208 11th Ave SE #3RD, Olympia, WA 98501
  • Johanna Hofmann, MBA 1015 4th Ave W, Olympia, WA 98502
  • Katherine H. Fehsenfeld, MAC 1020 5th Ave SW, Olympia, WA 98502

Frequently Asked Questions

What type of property is this?
Spa & wellness property - Retail suite offers eight private rooms and ADA restroom with water-view visibility downtown.
Where is this spa & wellness property located?
The property is located at 207 State Avenue NW Olympia, WA.
What are key features of this property?
This property features: 1,981 SF retail suite for lease in The Madrone, built in 2022; Built out as a spa/salon with 8 private rooms, reception area, and an ADA restroom; Water‑view visibility and located across the street from the Row restaurant with lots of foot traffic
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message