Flex Building with Warehouse
New
For Sale
$1,225,000
5701 Capitol, Olympia, WA 98501
Multi-section commercial property combines retail areas, warehouse space, delivery facilities, and additional land for parking or expansion.
Property SizeContact for details
Days on Market6
Property Features for 5701 Capitol
General Information
Standard status
Active
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1952
Buildings
3
Listing Agency:
Century 21 Van Dorm Realty
Listed By:
Michael Fisk
(360) 701-1333
Source:
Skylineproperties
Added: Aug 31
Changed: Sep 4
Last Checked: Sep 4 at 8:00AM
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 Century 21 Van Dorm Realty
Investment Insights
Based on property information with market context.
This flex property at 5701 Capitol Blvd SW includes more than 10,000 square feet of retail and warehouse space across multiple sections. The front portion contains three large rooms, two bathrooms, and a delivery shop area. A central warehouse provides a separate bathroom and tall ceilings for storage or inventory. The rear warehouse includes a retail area, bathroom, multiple bays, high ceilings, and an upper storage area.
The property includes 180 feet of frontage on Capitol Blvd and an additional vacant lot measuring 12,240 square feet. The extra parcel provides space for parking or future expansion. Located near I-5, the property was built in 1952 and offers a combination of customer-facing areas, warehouse functions, delivery capability, and supplemental land.
The property includes 180 feet of frontage on Capitol Blvd and an additional vacant lot measuring 12,240 square feet. The extra parcel provides space for parking or future expansion. Located near I-5, the property was built in 1952 and offers a combination of customer-facing areas, warehouse functions, delivery capability, and supplemental land.
Key Highlights
- More than 10,000 square feet of combined retail and warehouse space
- 180 feet of Capitol Blvd frontage
- Additional vacant lot with 12,240 square feet
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
790
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 Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Multi-section commercial property combines retail areas, warehouse space, delivery facilities, and additional land for parking or expansion.
Where is this flex space located?
The property is located at 5701 Capitol Olympia, WA.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: More than 10,000 square feet of combined retail and warehouse space; 180 feet of Capitol Blvd frontage; Additional vacant lot with 12,240 square feet
