Back to Search

Downtown Olympia Redevelopment Opportunity

317 State Ave NE, Olympia, WA

View on Map

For Sale

Contact for pricing

Commercial lot in downtown Olympia with redevelopment potential.

Type:LAND

Lot size:

0.33 Acres

HighLights

Outstanding redevelopment opportunity in the heart of downtown Olympia.
Located in a highly sought‑after area.
Excellent potential for retail, multifamily, or mixed‑use development.
Located in an Opportunity Zone.
Next to the Downtown InterCity Transit Station.
Easy access from Adams Street NE or State Ave NE.

We can help!

Listing Contact

Danielle Rants, CCIM

For Sale

Contact for pricing

Commercial lot in downtown Olympia with redevelopment potential.

Type:LAND

Lot size:

0.33 Acres

Added:: Sep 1, 2025
Days on Market:: 283
Last Refresh:: May 19 at 10:20 pm

Property Features for 317 State Ave NE

General Information

Standard status: Active
Lot size: 0.33 Acres
Property subtype: LAND

We can help!

Listing Contact

Danielle Rants, CCIM

Listing agent Danielle Rants, CCIM License #23029550

Listing office The Rants Group

Listing date Sep 1, 2025

Source Moodyscre

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

HighLights

Outstanding redevelopment opportunity in the heart of downtown Olympia.
Located in a highly sought‑after area.
Excellent potential for retail, multifamily, or mixed‑use development.
Located in an Opportunity Zone.
Next to the Downtown InterCity Transit Station.
Easy access from Adams Street NE or State Ave NE.

Overview

This commercial lot offers a redevelopment opportunity in downtown Olympia. Situated in a sought-after area, the property is located in an Opportunity Zone next to the Downtown InterCity Transit Station, with access from Adams Street NE or State Ave NE. The property may be suitable for retail, multifamily, or mixed-use opportunities. A Phase I Environmental Site Assessment has been completed.

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

Map
Local Demand

City: Olympia
County: Thurston
State: Washington
Longitude: -122.898
Latitude: 47.0458

Nearby Similar for Sale

$1,499,000

13,657 SF

Versatile Building with Redevelopment Potential

13,657 SF building with showroom, storage, and redevelopment options.

509 E 4th Avenue Olympia, WA 98501

View Details
$1,350,000

7,572 SF

Olympia Retail, Office, Warehouse Buildings

Retail, office, and industrial warehouse buildings with long-term tenants.

3456 Martin Way E, Olympia, WA

View Details
$999,000

6,914 SF

Well-Maintained Office Building For Sale

Corner lot office building with parking garage and storage.

234 8th Avenue SE Olympia, WA 98501

View Details
$5,000,000

8,160 SF

Olympia Industrial Outside Storage Yard

Freight and logistics property with I-5 access and secure yard.

2407 Maytown Rd SW, Olympia, WA 98512

View Details
$1,750,000

10,630 SF

Downtown Olympia Office Building

Two-story office building in downtown Olympia with on-site parking.

510 Plum St SE, Olympia, WA

View Details
$700,000

3,740 SF

Olympia Medical Office Building For Sale

Well-maintained 3,740 SF medical office building on 0.29 acres.

1100 Eastside St SE, Olympia, WA 98501

View Details
$3,600,000

9,520 SF

Olympia Healthcare Investment Opportunity

9,520 SF medical building near Providence St. Peter Hospital.

115 New View Ct NE, Olympia, WA

View Details
$2,100,000

1,766 SF

Olympia Office Space For Lease

Office space available near I-5 Exit 108 in Olympia.

3435 Martin Way E, Olympia, WA

View Details
$6,750,000

18,000 SF

Retail Space Near Highway 101

Retail space with highway visibility and tenant improvement packages.

2404-2411 Chandler Ct SW, Olympia, WA

View Details
$1,162,000

4,648 SF

Turnkey Veterinary Clinic in Olympia

Turnkey veterinary clinic in downtown Olympia core with ample parking.

1025 State Ave NE, Olympia, WA

View Details
$995,000

3,360 SF

Downtown Olympia Corner Retail Space

Corner retail space in downtown Olympia with high visibility.

501 S Capitol Way, Olympia, WA

View Details
$2,100,000

13,120 SF

High Traffic Olympia Office Building

Two-story office building with diverse tenant mix and high visibility.

3435 Martin Way E, Olympia, WA 98506

View Details

For sale
Commercial land
WA
Olympia
317 State Ave NE

What type of property is this?

Commercial land - Commercial lot in downtown Olympia with redevelopment potential.

Where is this commercial land located?

The property is located at 317 State Ave NE Olympia, WA.

What is the asking price?

The asking price for this property is $900,000.

What are key features of this property?

This property features: Outstanding redevelopment opportunity in the heart of downtown Olympia.; Located in a highly sought‑after area.; Excellent potential for retail, multifamily, or mixed‑use development.

317 State Ave NE, Olympia, WA

Commercial lot in downtown Olympia with redevelopment potential.

Property Features for 317 State Ave NE

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Versatile Building with Redevelopment Potential

Olympia Retail, Office, Warehouse Buildings

Well-Maintained Office Building For Sale

Olympia Industrial Outside Storage Yard

Downtown Olympia Office Building

Olympia Medical Office Building For Sale

Olympia Healthcare Investment Opportunity

Olympia Office Space For Lease

Retail Space Near Highway 101

Turnkey Veterinary Clinic in Olympia

Downtown Olympia Corner Retail Space

High Traffic Olympia Office Building

FAQs

Create New Password