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Two-Story Office Building
For Sale
$4,200,000

4500 3RD, Lacey, WA 98503

Flexible office property with divisible sections, specialized fire suppression, and raised flooring for organized cabling.

Property SizeContact for details
Days on Market17

Property Features for 4500 3RD

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1978
Listing Agency: RE/MAX Parkside Affiliates
Listed By: Paul T. McLain
Source: Century21northhomes
Added: Jul 24 Changed: Aug 8 Last Checked: Aug 8 at 5:15PM

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 RE/MAX Parkside Affiliates

Investment Insights

Based on property information with market context.

This 32,000-square-foot, two-story office building provides a flexible commercial layout with a central elevator and grand central stairway. The property can be divided into four separately leasable sections, supporting multiple occupants or distinct operational areas. Portions of the ground floor include raised access flooring with modular panels for cable management. Advanced security systems and clean agent fire suppression are also in place.

Located at 4500 3rd in Lacey, the building offers direct access to I-5 northbound and southbound. It is positioned near the city center and the new City Hall. Prior uses included a call center and a security business, providing relevant context for the existing configuration and specialized improvements.

Key Highlights

  • 32,000 SF two‑story office building
  • Layout can be divided into four separately leasable sections
  • Raised access flooring with modular panels on part of the ground floor

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Electrical Service HVAC Service Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Catering 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.

Location Intelligence

Trade Area within ½ mile

1,295
Businesses Nearby

Demographics for 98503, WA

40,346
Population
18,375
Households
2.2
Avg Household Size
38
Median Age
31%
College-Educated
93%
High-School Grad
11.1 sq mi
ZIP Area
3,635
Density / Sq Mi
$87,515
Median Household Income
$47,554
Median Earnings
$1,673
Median Rent
$407,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Flexible office property with divisible sections, specialized fire suppression, and raised flooring for organized cabling.
Where is this office building located?
The property is located at 4500 3RD Lacey, WA.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: 32,000 SF two‑story office building; Layout can be divided into four separately leasable sections; Raised access flooring with modular panels on part of the ground floor
More about this property
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