Brick Storefront
For Sale
$1,475,000
509 4th Avenue E, Olympia, WA 98501
Commercial property with a showroom and rear storage areas.
Property Size13,657 SF
Price / SF$108
Days on Market563
Property Features for 509 4th Avenue E
General Information
Standard status
Active
Size
13,657 SF
Property subtype
Commercial
Amenities
Concrete,Other
No
Electric,Natural Gas
0.3161
Brick
Slab
Building Details
Year Built
1925
Buildings
1
Tenancy
Multi
Listing Agency:
Coldwell Banker Evergreen
(503) 888-1902
Listed By:
Rich Brooke
(503) 888-1902
Source:
Premierepropertygroup
Added: Feb 3, 2025
Changed: Aug 20
Last Checked: Aug 20 at 9:19AM
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 13,657 SF storefront building at 509 4th Avenue E includes a 4,900-square-foot showroom, one restroom, and two 1,200-square-foot storage areas at the rear. The property has a brick exterior, slab foundation, concrete interior elements, and electric and natural gas service. Constructed in 1925, the building offers a substantial existing commercial footprint with distinct front-of-house and storage components.
A 6,000 SF area fronting Jefferson is leased through 5/27. The property is across from Well 80, and seller-prepared renderings show a proposed five-unit live-work concept with units facing 4th Avenue. Seller financing and a lease-to-own structure are also identified as available transaction options.
A 6,000 SF area fronting Jefferson is leased through 5/27. The property is across from Well 80, and seller-prepared renderings show a proposed five-unit live-work concept with units facing 4th Avenue. Seller financing and a lease-to-own structure are also identified as available transaction options.
Key Highlights
- 13,657 SF building with a 4,900sq ft showroom
- Two 1200sq ft rear storage areas and one restroom
- 6,000 SF leased area fronts Jefferson through 5/27
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
544
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98501, WA
45,274
Population
19,969
Households
2.3
Avg Household Size
40
Median Age
48%
College-Educated
97%
High-School Grad
34.9 sq mi
ZIP Area
1,297
Density / Sq Mi
$95,695
Median Household Income
$55,909
Median Earnings
$1,600
Median Rent
$485,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Storefront property - Commercial property with a showroom and rear storage areas.
Where is this storefront property located?
The property is located at 509 4th Avenue E Olympia, WA.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: 13,657 SF building with a 4,900sq ft showroom; Two 1200sq ft rear storage areas and one restroom; 6,000 SF leased area fronts Jefferson through 5/27
