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Waterfront Office Building for Lease
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724 Columbia St NW, Olympia, WA 98501

Premier office space near Olympia Farmer’s Market and Port.

Space Size288 SF - 3,330 SF
Days on Market217

Property Features for 724 Columbia St NW

General Information

Standard status Active
Size 288 SF - 3,330 SF
Property subtype OFFICE
Lease Type Full Service

Spaces For Lease

at 724 Columbia St NW Contact us

Market Place Office Building $900/Mo

Floor 2
Size 321 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, 30 Days
Sublease Yes
Open office, ready for your small business. Access to building conference room across the hall. Great location with parking. Water, sewer, garbage and janitorial included in base rent.
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Market Place Office Building $32/SF/Yr

Floor 4
Size 3,330 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, Now
Amazing waterfront views from the 4th floor office space. Layout includes open work areas, private offices, kitchenette, workroom, meeting room and balcony. Access to conference room on the 2nd floor. Currently a funky industrial vibe. Can be combined with Suite 410 for a total of 5,044 RSF.
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724 Columbia St. NW $32/SF/Yr

Floor 2
Size 288 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, Now
Bright private office space in downtown Olympia's Market Place Building. Includes conference room access, on-site parking, and water, sewer, garbage, and janitorial service in the base rent.
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Former Ophthalmic Surgical Suite Available $32/SF/Yr

Floor 1
Size 945 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, Now
Former eye surgery center space available for lease. Conveniently located near the building's main entrance, Suite 110 features an existing surgical suite layout with potential for medical or professional office use. Building amenities include shared restrooms, a common conference room, on-site parking, and professional on-site management.
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Market Place Office Building $32/SF/Yr

Floor 3
Size 2,309 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, Now
Suite 300 is a third-floor corner suite featuring a spacious open work area that can be configured to fit a variety of office layouts. The suite also includes a generous private office with large windows offering views of Budd Bay Inlet, the Port of Olympia, and the Olympic Mountains, along with a small kitchenette/break room and a copy room/dedicated data room.
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Market Place Office Building $32/SF/Yr

Floor 1
Size 1,744 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability PENDING, Now
Former eye center space available for lease. Suite 100 offers 1,744 RSF of established medical office space, featuring a reception area, business office, exam rooms, private restroom, and water views. Previously used as the optical shop, lab, and eye exam portion of an eye care center, the suite offers an existing layout well suited for medical or other professional office uses. Building amenities include shared restrooms, a common conference room, on-site parking, and professional on-site management.
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Listing Agency: The Rants Group
Listed By: Logan Rants · License #97856
Source: Moodyscre
Added: Mar 26 Changed: Oct 25 Last Checked: Oct 28 at 11:33AM

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 The Rants Group

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This premier waterfront office building is located next to Anthony’s Homeport, the Olympia Farmer’s Market, and the Port of Olympia. The property features ample parking, including open, visitor, and additional free Market District parking on the capitol campus’ free Dash transit line. Utilities and janitorial services are included in the base rent. A large shared conference room is available on the 2nd floor by appointment. The property benefits from professional on-site building management. Please note that there is a non-compete agreement with Morgan Stanley; therefore, securities broker/dealers or investment banking firms are not eligible.

Key Highlights

  • Premier waterfront location near Anthony’s Homeport, Olympia Farmer’s Market, and Port of Olympia.
  • Ample parking: visitor, open, and free Market District parking with Dash transit line access.
  • Utilities and janitorial services included in base rent.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

The Rants Group Real Estate Agency Federal Motor Carrier ... Government Office Pacific Education Institute Charitable Organization Washington Forest Protection Charitable Organization Olympia Capitol Group ... Financial Advisor

Suggested Use

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

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
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,653
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Premier office space near Olympia Farmer’s Market and Port.
Where is this office building located?
The property is located at 724 Columbia St NW Olympia, WA.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: Premier waterfront location near Anthony’s Homeport, Olympia Farmer’s Market, and Port of Olympia.; Ample parking: visitor, open, and free Market District parking with Dash transit line access.; Utilities and janitorial services included in base rent.
(360) 259-9242 Call to check price and availability
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