Medical Premises

Olympia, WA Medical Office Space for Sale

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Olympia Healthcare Investment Opportunity
Updated: May 12
Olympia Healthcare Investment Opportunity

115 New View Ct NE, Olympia, WA 98506

$3,600,000
9,520 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.
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Downtown Olympia Office Building
Updated: Jul 16, 2025
Downtown Olympia Office Building

510 Plum St SE, Olympia, WA 98501

$1,750,000
10,630 sqft · 0.48 AC lot
Prime downtown Olympia location offering high visibility and accessibility.
10,630 SF two‑story office building suitable for owner‑user.
Benefit from 32 on‑site parking spaces on a fully fenced 0.49‑acre lot.
Ideal for professional or medical office use.
Enjoy direct access to Interstate 5.
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Olympia Medical Office Building For Sale
Olympia Medical Office Building For Sale

1100 Eastside St SE, Olympia, WA 98501

$700,000
3,740 sqft

Well-maintained 3,740 SF medical office building on 0.29 acres.

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Medical Office Building Near Hospital
Medical Office Building Near Hospital

3610 Ensign Rd NE, Olympia, WA 98506

$1,575,000
6,222 sqft · 0.53 AC lot

6,222 SF medical office building across from Providence St. Peter Hospital.

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Turnkey Veterinary Clinic in Olympia
Turnkey Veterinary Clinic in Olympia

1025 State Ave NE, Olympia, WA 98506

$1,162,000
4,648 sqft · 0.24 AC lot

Turnkey veterinary clinic in downtown Olympia core with ample parking.

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Olympia Corner Building Near Freeway
Olympia Corner Building Near Freeway

2120 Caton Way SW, Olympia, WA 98502

$1,599,000
4,584 sqft

Well-maintained professional/medical office building with ample parking near freeway.

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Olympia Medical Building with Income
Olympia Medical Building with Income

3641 Ensign Rd NE, Olympia, WA 98506

$815,000
3,562 sqft

Two-unit medical building with existing tenant and vacant suite.

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Leased Medical Office Building For Sale
Leased Medical Office Building For Sale

420 McPhee Rd SW, Olympia, WA 98502

$3,150,000

Fully leased medical office building near major hospitals.

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Olympia Commercial Office Building For Sale
Olympia Commercial Office Building For Sale

2617 12th Ct SW, Olympia, WA 98502

$799,000

Well-maintained commercial office building in the heart of Olympia.

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Medical Office Building Near Hospital
Medical Office Building Near Hospital

3610 Ensign Rd NE, Olympia, WA 98506

$2,000,000
6,222 sqft

6,222 SF medical office building across from Providence St. Peter Hospital.

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Medical Office Building Near Hospital
Medical Office Building Near Hospital

3610 Ensign Rd NE, Olympia, WA 98506

$2,000,000
6,222 sqft

6,222 SF medical office building across from Providence St. Peter Hospital.

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Class A Medical Building
Class A Medical Building

115 New View Ct NE, Olympia, WA 98506

$5,050,000
2.57 AC lot

Medical building with additional lots for parking or development.

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Medical Condo For Sale
Medical Condo For Sale

403 Black Hills Lane SW, Olympia, WA 98502

$320,000
1,479 sqft · 31.27 AC lot

Medical condo featuring a traditional layout with multiple exam rooms.

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Medical Condo For Sale
Medical Condo For Sale

403 Black Hills Lane SW, Olympia, WA 98502

$335,000
1,479 sqft

Medical condo with traditional layout, suitable for owner-user.

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Based on your search, we've compiled 41 Potential Opportunities for your consideration. Besides 14 Active listings in Olympia, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 19 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Professional/Medical Office Building in Tacoma
Professional/Medical Office Building in Tacoma

1720 S 72nd St, Tacoma, WA

$1,600,000
9,296 sqft · 0.38 AC lot

Two-story office building near I-5, ideal for owner-user or investor.

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Lakewood Professional Office Condo
Lakewood Professional Office Condo

5926 100th St SW, Lakewood, WA 98499

$375,000
1,125 sqft

Professional/Medical office condo in Lakewood Professional Village, 1,125 SF.

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Medical Office Building For Sale
Medical Office Building For Sale

14818 Pacific Ave S, Tacoma, WA 98444

$489,630
1,718 sqft

Single-tenant medical office with four operatories and upgraded signage.

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Lakewood Professional Office Space For Sale
Lakewood Professional Office Space For Sale

5920 100th Street SW Unit 33, Lakewood, WA 98499

$485,000
1,392 sqft

Professional office space in Lakewood Professional Village, ideal for medical.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Medically Zoned Land Parcel
Medically Zoned Land Parcel

443 160th St, Seattle, WA 98166

$990,000
54,000 sqft

Two land parcels for sale near St. Anne Hospital.

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Commercial Land with C-1 Zoning
Commercial Land with C-1 Zoning

SW Bel Air Dr, Clatskanie, OR 97016

$149,000

Level C-1 lot with city utilities at the street, well suited for multiplex and mixed-use development.

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Prime Mixed-Use Land Available
Prime Mixed-Use Land Available

Marcola Rd, Springfield, OR 97477

$1,190,000
1.17 AC lot

1.17 acre mixed-use property, ready to build.

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Highway 41 Commercial Land Opportunity
Highway 41 Commercial Land Opportunity

4184 East Bogie Drive, Post Falls, ID 83854

$958,320
43,560 sqft · 8.12 AC lot

Commercial land for sale in a high-growth area.

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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

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

500 Lilly NE Rd, Olympia, WA 98506-5195

$6,320,000
Estimated value
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

$1,495,000
Estimated value
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

$4,365,000
Estimated value
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

Value Estimation by Request
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

Value Estimation by Request
943 sqft · 0.03 AC lot
View details
3023 Pacific SE Ave
MEDICAL BUILDING

3023 Pacific SE Ave, Olympia, WA 98501-2042

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

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

$780,000
Estimated value
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
Value Estimation by Request
3,740 sqft · 0.29 AC lot
View details
410 Black Hills Ln
Medical Office Space

410 Black Hills Ln, Olympia, WA 98502

Value Estimation by Request
6,363 sqft
View details

Olympia, WA Medical Office Space Market Trends and Statistics

Explore 33 medical office space for sale in Olympia, WA, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 58,308 square feet of properties for sale, with an estimated market value of $15,856,000.

Sale prices for medical spaces in Olympia, WA start at $320,000, averaging $1,441,454, and reaching up to $3,600,000 — 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

Office Units 63
Office buildings 44
Medical Office Space 38
Coworking space 2
Creative space 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
98501 $1.2M
98502 $1.2M
98506 $2.3M

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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