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Former Bank Building For Sale

501 N Olympic Avenue Arlington, WA 98223

501 N Olympic Avenue, Arlington, WA, 98223
$3,000,000
For Sale
$3,000,000

High-visibility former bank building with drive-through and ample parking.

Days on Market404

Property Features for 501 N Olympic Avenue

General Information

Standard status
Active

Building Details

Year Built
1971
Listing Agency KW EVERETT
Listed by KRIS CANTRELL
Source Corcoran
Added: Jun 10, 2025 Checked: Jul 17 at 3:59 am

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 KW EVERETT


Investment Insights

Based on property information with market context.

The property is a former Bank of America building with a total area of 7124 square feet, including 5588 square feet on the main floor and 1536 square feet upstairs. It features newer HVAC and roof systems. The building is described as incredibly solid and includes two bank vaults. The property benefits from excellent visibility and foot traffic due to its location on the main street in downtown Arlington, across from Moes and near Arlington Hardware. Situated on a 0.63-acre lot comprising four parcels, the property offers 31 on-site parking spaces, a three-lane drive-through, and access from all four sides. Additional street parking is also available. The property is also listed for lease.

Key Highlights

  • High visibility and foot traffic in downtown Arlington.
  • Large 7,124 sq ft building with flexible space: 5,588 sq ft main, 1,536 sq ft upstairs.
  • Benefit from a 3‑lane drive‑through and 31 on‑site parking spots on a 0.63‑acre lot.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Banks

Suggested Use

Locksmith HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Auto Parts Store Home Appliance Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Bakery (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Bank - High-visibility former bank building with drive-through and ample parking.
Where is this bank located?
The property is located at 501 N Olympic Avenue Arlington, WA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: High visibility and foot traffic in downtown Arlington.; Large 7,124 sq ft building with flexible space: 5,588 sq ft main, 1,536 sq ft upstairs.; Benefit from a 3‑lane drive‑through and 31 on‑site parking spots on a 0.63‑acre lot.
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