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Olympia Retail, Office, Warehouse Buildings

3456 Martin Way E, Olympia, WA 98506

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For Sale

Contact for pricing

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

Type:INDUSTRIAL

Property size:

7,572 SF

Lot size:

0.46 Acres

Price / SF:

$178/SF

HighLights

Prime location with a 10/10 rating.
High visibility on Martin Way E.
Long‑term tenants (Interstate Batteries and CA Nail) in place.
Mix of retail, office, and industrial warehouse buildings.
Great flexibility due to the variety of building types.
Opportunity for a diverse tenant mix.

We can help!

Contact an agent

Quint Newell

For Sale

Contact for pricing

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

Type:INDUSTRIAL

Property size:

7,572 SF

Lot size:

0.46 Acres

Price / SF:

$178/SF

Added:: Jan 27, 2026
Days on Market:: 159
Last Refresh:: Apr 5 at 8:38 pm

Property Features for 3456 Martin Way E

General Information

Standard status: Active
Size: 7,572 SF
Lot size: 0.46 Acres
Property subtype: INDUSTRIAL

We can help!

Contact an agent

Quint Newell

Listing office Greene Commercial

Listing date Jan 27, 2026

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 Greene Commercial

HighLights

Prime location with a 10/10 rating.
High visibility on Martin Way E.
Long‑term tenants (Interstate Batteries and CA Nail) in place.
Mix of retail, office, and industrial warehouse buildings.
Great flexibility due to the variety of building types.
Opportunity for a diverse tenant mix.

Overview

This property in Olympia offers a mix of retail, office, and industrial warehouse buildings. The location provides high visibility on Martin Way E. The property is currently home to long-term tenants, Interstate Batteries and CA Nail. The buildings offer flexibility and a diverse tenant mix.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$163.6k	$21.60
− Vacancy	−$32.1k	−$4.23
EGI	$131.5k	$17.37
− OpEx	−$32.9k	−$4.34
NOI	$98.6k	$13.02

7,572 SF · lease $21.60/SF/yr · vacancy 19.60% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.41M

$1.23M – $1.64M (±1% cap)

NOI $98,624 @ 7.0% cap · market cap 7.31%

Second Best

Retail

$1.31M

$1.14M – $1.52M (±1% cap)

NOI $91,400 @ 7.0% cap · market cap 6.77%

Theoretical Best

Office A

$2.22M

$1.94M – $2.59M (±1% cap)

NOI $155,196 @ 7.0% cap · market cap 11.50%

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

Property Profile Location Intelligence

Current Use by Public Records

California Nails Nail Salon

Suggested Use

Similar Places Nearby

Storageland LLC — 527 Pattison St SE, Olympia, WA 98501
A Secure Place Storage — 701 sleater kinney rd se, lacey, wa 98503
Jump Box Mobile Storage — 935 Poplar St SE, Olympia, WA 98501
West Coast Self-Storage Lacey — 3933-b pacific ave se, lacey, wa 98503
Olympic Self Storage — 921 Poplar St SE, Olympia, WA 98501

Location Insight

Map
Local Demand

City: Olympia
County: Thurston
State: Washington
Longitude: -122.847
Latitude: 47.0475

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For sale
Warehouses
WA
Olympia
98506
3456 Martin Way E

What type of property is this?

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

Where is this warehouse located?

The property is located at 3456 Martin Way E Olympia, WA.

What is the asking price?

The asking price for this property is $1,350,000.

What are key features of this property?

This property features: Prime location with a 10/10 rating.; High visibility on Martin Way E.; Long‑term tenants (Interstate Batteries and CA Nail) in place.

3456 Martin Way E, Olympia, WA 98506

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

Property Features for 3456 Martin Way E

General Information

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Versatile Building with Redevelopment Potential

Olympia Healthcare Investment Opportunity

Well-Maintained Office Building For Sale

Olympia Industrial Outside Storage Yard

Downtown Olympia Office Building

Olympia Medical Office Building For Sale

Visible Retail Box on Martin

Turnkey Office Building with ADA Restrooms

Olympia Office Space For Lease

Medical Office Building Near Hospital

Retail Space Near Highway 101

Turnkey Veterinary Clinic in Olympia

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