Listing Agency: BHGRE COMMERCIAL PREMIER NW

Listed By: JONI BAKER Show Phone

Source: Corcoran

Added: Jan 21 Changed: Aug 21 Last Checked: Jul 23 at 8:22AM

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Investment Insights

Based on property information with market context.

This commercial space, formerly an ice cream shop, is available for rent. The property offers a suitable location for various ventures, including an ice cream shop, bagel or sandwich shop, or restaurant. The layout includes a restaurant area, storage space, and a restroom. The property has a total size of 1062 square feet.

Key Highlights

• Former ice cream shop - ready for similar business
• Great location for food service
• Suitable for ice cream, bagel/sandwich shop, or restaurant

Property Analytics

Property Profile

Current Use

Restaurants

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Hotel & Motel Building Supply Storage Facility Kitchen & Bath Showroom

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

NNN (Triple Net)

Lease Type

$2.70 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,231

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 98502, WA

35,698

Population

15,550

Households

2.3

Avg Household Size

41

Median Age

52%

College-Educated

97%

High-School Grad

63.4 sq mi

ZIP Area

563

Density / Sq Mi

$87,154

Median Household Income

$46,404

Median Earnings

$1,569

Median Rent

$496,500

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

Questions? Ask Rey

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

What type of property is this? Where is this restaurants located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Restaurant - Former ice cream shop with storage and restroom available for rent.

Where is this restaurant located?

The property is located at 3002 Harrison Ave NW Olympia, WA.

What is the lease rate?

The lease rate is $1,593/Mo.

What are key features of this property?

This property features: Former ice cream shop - ready for similar business; Great location for food service; Suitable for ice cream, bagel/sandwich shop, or restaurant