Medical Center

Olympia, WA Medical Centers for Sale

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Olympia Healthcare Investment Opportunity
Updated: May 16
Olympia Healthcare Investment Opportunity

115 New View Ct NE, Olympia, WA 98506

$5,050,000
111,949 sqft 1.10 AC lot
Purpose‑suited for a standalone ASC or medical clinic.
Located in Olympia's medically concentrated Lilly Road corridor, near Providence St. Peter Hospital.
Turnkey potential for owner‑user or healthcare operator.
Built/renovated in 2009.
Located within the HDC High Density Corridor zone.
View details
Medical Office Portfolio at Black Hills Medical Park
Updated: Jul 17
Medical Office Portfolio at Black Hills Medical Park

402 BLACK HILLS LN SW OLYMPIA WA 98502-8145, Olympia, WA 98502

Contact for pricing
33,007 sqft
Portfolio of four medical office properties totaling 33,007 SF (32,105 RSF)
Fully occupied with modified gross leases
Many suites individually metered for electricity and natural gas (gas at 405 only)
Adjacent to MultiCare Capital Medical Center
Convenient access to Highway 101 and I‑5
View details
See hot listings in Olympia

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 2 Active listings in Olympia, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Yakima Medical Facility For Sale
Yakima Medical Facility For Sale

504 North 40th Avenue, Yakima, WA 98908

Contact for pricing
18,591 sqft 1.31 AC lot

Well-equipped medical facility leased to MultiCare Hospital until March 2027.

View details
Move-in Ready Medical Facility
Move-in Ready Medical Facility

2500 Squalicum, Unit 102, Bellingham, WA 98225

$6,400,000

Fully equipped medical facility near PeaceHealth St. Joseph Medical Center.

View details
Standalone Medical Office & ASC
Standalone Medical Office & ASC

340 Birchwood Avenue, Bellingham, WA 98225

$4,800,000

Stand-alone slab-built medical facility includes a compliant ASC plus two additional operatory rooms.

View details
Built-Out Family Medicine Facility
Built-Out Family Medicine Facility

504 N 40th Ave, Yakima, WA 98908

Contact for pricing
13,762 sqft 1.31 AC lot

A fully sprinklered medical building with 27 exam rooms and 70 designated parking spaces, currently leased through March 2027.

View details

Off-Market Properties in Olympia, WA

Consider similar Off-Market properties in Olympia, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Olympia, WA 98506
MEDICAL BUILDING

Olympia, WA 98506

Estimated value:
$2,105,000
26,002 sqft 2.45 AC lot
View details
500 Lilly NE Rd
MEDICAL BUILDING

500 Lilly NE Rd, Olympia, WA 98506-5195

Estimated value:
$6,320,000
88,907 sqft 5.69 AC lot
View details
3525 Ensign Rd Ne Ste B
MEDICAL BUILDING

3525 Ensign Rd Ne Ste B, Olympia, WA 98506-5065

Estimated value:
$1,495,000
18,573 sqft 1.45 AC lot
View details
3920 Capital Mall SW Dr
MEDICAL BUILDING

3920 Capital Mall SW Dr, Olympia, WA 98502-8700

Estimated value:
$4,365,000
59,373 sqft 0.56 AC lot
View details
403 Black Hls Ln Sw Ste B
MEDICAL BUILDING

403 Black Hls Ln Sw Ste B, Olympia, WA 98502-8600

Estimated value:
$315,000
2,335 sqft 0.06 AC lot
View details
403 Black Hls Ln Sw Ste D
MEDICAL BUILDING

403 Black Hls Ln Sw Ste D, Olympia, WA 98502-8600

Estimated value:
$185,000
943 sqft 0.03 AC lot
View details
3023 Pacific SE Ave
MEDICAL BUILDING

3023 Pacific SE Ave, Olympia, WA 98501-2042

Estimated value:
$665,000
6,960 sqft 0.63 AC lot
View details
1105 4th E Ave
MEDICAL BUILDING

1105 4th E Ave, Olympia, WA 98506-4018

Estimated value:
$780,000
9,013 sqft 0.36 AC lot
View details
1100 Eastside SE St, Unit 7
MEDICAL BUILDING

1100 Eastside SE St, Olympia, WA 98501-7304

Unit 7
Estimated value:
$375,000
3,740 sqft 0.29 AC lot
View details
300 Lilly NE Rd
MEDICAL BUILDING

300 Lilly NE Rd, Olympia, WA 98506-5428

Estimated value:
$320,000
2,048 sqft 1.02 AC lot
View details

Olympia, WA Medical Centers Market Trends and Statistics

Explore 12 medical centers for sale in Olympia, WA on our real estate platform. These investment opportunities span a total of 144,956 square feet of properties for sale, with an estimated market value of $5,050,000.

Sale prices for medical buildings in Olympia, WA average $5,050,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Medical space 4
Spa & wellness properties 4
Medical centers 2

Demographics Overview

Population 241K
Population Growth (5Y) +8.3%
Median Household Income $94,198
College Educated 31.7%

High-Yield Neighborhoods for Investment

Identify Olympia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
98506 $5.1M

Taxes & Financing

Tax Rate (average for all types) 0.90%
Property Tax per SF $10.62 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Olympia fall within the 10,000 to 25,000 square foot range.

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