Spaces For Lease

at 501 S Capitol Way Contact us

109 5th Avenue SW $1,600/Mo

Size

1,600 SF

Type

RETAIL

Lease Type

MODIFIED_GROSS

Availability

AVAILABLE

Contact us

Listing Agency: Coldwell Banker/Evergreen d***@cbolympia.com Show Phone

Listed By: Deborah Draper-Aikins Show Phone

Source: Moodyscre

Added: Nov 24, 2025 Changed: Aug 21 Last Checked: Aug 23 at 9:25AM

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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 Coldwell Banker/Evergreen

Investment Insights

Based on property information with market context.

This retail space is located on a corner in downtown Olympia. The property features storefront windows on two sides, providing high visibility. The space has been recently remodeled and features new paint. The property size is 3,360 square feet. The tax ID number is 78500600200.

Key Highlights

• Great corner location in downtown Olympia
• Storefront on two sides, maximizing exposure
• Lots of picture windows

Property Analytics

Property Profile

Current Use

Olympia Lamplighters Coworking & Hybrid Office

Suggested Use

Top Pick Pharmacy (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Pet Grooming Service Electrical 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.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

2,620

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this storefront properties located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - Corner retail space in downtown Olympia with high visibility.

Where is this storefront property located?

The property is located at 501 S Capitol Way Olympia, WA.

What is the lease rate?

The lease rate is $1,600/Mo.

What are key features of this property?

This property features: Great corner location in downtown Olympia; Storefront on two sides, maximizing exposure; Lots of picture windows