509 4th Ave E Olympia, WA 98501
13,657 SF building with retail and storage space.
Type:Retail
Property size:
13,657 SF- Added:
- Mar 28, 2024
- Days on Market:
- 737
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 509 4th Ave E
General Information
- Standard status
- Active
- Size
- 13,657 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1925
Listing agent Deborah Draper-Aikins License #WA
Listing office Coldwell Banker Evergreen
Listing date Mar 28, 2024
Source Crexi
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
Overview
Downtown Olympia Retail & Storage
Constructed in 1925, this 13,657 square foot building is located on 4th Ave in downtown Olympia. Ballet NW, a long-term tenant, occupies 7,200 square feet with a lease extending until June 1, 2027. The property includes a vacant storefront of 4,900 square feet, along with an additional 1,200 square feet of storage space. The building has the potential to be divided into two separate units for individual sale. One unit, fronting 4th Ave, comprises 4,900 square feet of retail space and 2,400 square feet of storage in the back. The other space, located at 412 Jefferson, is leased to Ballet NW until June 1, 2027, for $6,323 per month.
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Places Nearby
- Capitol Florist — 515 Capitol Way S, Olympia, WA 98501
- Floral Design 57- open — 1313 9th Ave SE, Olympia, WA 98501
- Fleurae — 222 Capitol Way N, Olympia, WA 98501
- Phloxus Farms — 116 Legion Way SE, Olympia, WA 98501
Location Insight
- Map
- Local Demand
- City
- Olympia
- County
- Thurston
- State
- Washington
- Longitude
- -122.90908
- Latitude
- 47.019115
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - 13,657 SF building with retail and storage space.
Where is this storefront property located?
The property is located at 509 4th Ave E Olympia, WA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Prime downtown location on 4th Ave, across from a popular restaurant; Significant income potential with long‑term tenant Ballet NW leasing 7,200 sq ft until June 1, 2027; **Substantial vacant storefront of 4,900 sq ft, ready for immediate occupancy or lease**
