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    410 11Th Ave Olympia, WA 98501

    Sponsored
    For Lease
    $21 SF/Yr

    18,000 SF Office Space, Downtown Olympia

    Lot size:
    18,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional two-story, Class B office building, located at 410 11th Ave SE in Olympia, WA, offers 18,000 square feet of versatile space. Built in 1975 and renovated in 2005, the property boasts a convenient Downtown Business zoning designation (APN 83909500300, Thurston County). The building is ideally suited for multiple tenants, with a minimum divisible space of 631 square feet and a maximum contiguous space of 1,901 square feet. A single elevator services the two floors. The property features ample free on-site parking, a significant advantage in this location. Its proximity to Interstate 5 ensures easy access for commuters. Large windows throughout the building provide stunning views of the state capitol building and the surrounding area. This professional office building is situated adjacent to state and federal government offices, making it an attractive location for businesses seeking proximity to government agencies. The address is 410 11th Ave SE, Olympia, WA 98501, conveniently located near the intersection of 11th Ave SE and Jefferson Street.

    Property Features for 410 11Th Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,000 SF
    Class
    B
    Total Rate
    32955

    Building Details

    Year Built/Renovated
    1975/2005
    Stories
    2

    Unit(s) available at that property

    Space
    200
    Size
    1,270 SF
    Rate per SF
    $21
    Property Profile Location Intelligence

    Current Use by Public Records

    Washington Food Industry Non-Profit Organization K-20 Education Network Graduate School Associated General Contractor-Olympia General Contractor

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Olympia
    County
    Thurston
    State
    Washington
    Longitude
    -122.8967331
    Latitude
    47.0384305

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    FAQs

    What type of property is this?
    Office space - 18,000 SF Office Space, Downtown Olympia
    Where is this office space located?
    The property is located at 410 11Th Ave Olympia, WA.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    Request Owner's contact information
    410 11Th Ave Olympia, WA 98501
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    Olympia, WA 98501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    410 11Th Ave Olympia, WA 98501
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