501 Capitol Olympia, WA 98501

Building Details

Year Built

1937

Listing office Coldwell Banker Evergreen

Listing date Oct 24, 2025

Source Skylineproperties

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Investment Insights

Based on property information with market context.

This downtown corner retail building is offered for sale for the first time. The property includes approximately 7,072 square feet of main-floor retail space and an additional 1,600 square feet upstairs. Current tenants include Escape Puzzle Room, Harlequin Productions, and a Super Silver Jewelry store. Tenants are month to month. A new HVAC system has been installed.

The property is located at the corner of 5th and Capitol in downtown Olympia, providing a prominent street-corner retail presence.

With both main-level and upstairs space, the building supports multiple uses under separate tenant operations while maintaining a cohesive retail storefront environment.

Key Highlights

• Corner retail building at 5th and Capitol in downtown Olympia
• Year built 1937 with multi‑tenant layout
• Includes 7,072 sq ft of main‑floor retail space and 1,600 sq ft upstairs area

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FAQs

What type of property is this?

Retail space - Multi-tenant corner retail building with main-floor retail space and additional upstairs area, featuring newly installed HVAC.

Where is this retail space located?

The property is located at 501 Capitol Olympia, WA.

What is the asking price?

The asking price for this property is $995,000.

What are key features of this property?

This property features: Corner retail building at 5th and Capitol in downtown Olympia; Year built 1937 with multi‑tenant layout; Includes 7,072 sq ft of main‑floor retail space and 1,600 sq ft upstairs area