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Olympia, WA Office Spaces for Sale

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Four-Suite Office Building
Updated: Mar 31
Four-Suite Office Building

3912 Martin, Olympia, WA 98506

$1,695,000
8,447 sqft
Four office suites totaling 3,022 sf, 2155 sf, 2512 sf, and 758 sf
Suites can be easily combined into a larger space
Building will be vacant at closing
Lot split from 3910 described as resulting in 42 parking stalls
Built in 2006
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Medical Office Building with Vacant Suite
Updated: Mar 31
Medical Office Building with Vacant Suite

3910 Martin Way, Olympia, WA 98506

$3,695,000
8,265 sqft
Two office buildings built in 2006: 3910 and 3912
3910 totals 8,265 sq ft and is fully leased to civil engineers and a dental clinic
3912 totals 8,447 sq ft and will be vacant at closing
3912 is currently configured as 4 suites that can be combined
3912 can be sold separately for $1,695,000 after a lot split (40 parking spaces)
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Olympia Healthcare Investment Opportunity
Olympia Healthcare Investment Opportunity

115 New View Ct NE, Olympia, WA 98506

$5,050,000
111,949 sqft 1.10 AC lot

9,520 SF medical building near Providence St. Peter Hospital.

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See hot listings in Olympia

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
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Local Demand available after sign in
Olympia Office Building For Sale
Olympia Office Building For Sale

3912 Martin Way E, Olympia, WA 98506

$1,695,000
8,203 sqft

Office building in Olympia, WA, featuring multiple suites and parking.

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Classic Office Building Near Courthouse
Classic Office Building Near Courthouse

917 Lakeridge Way SW, Olympia, WA 98502

$2,675,000
17,836 sqft

Three-story office building with flexible floor plans and ample parking.

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Mixed-Use Property with Two Buildings
Mixed-Use Property with Two Buildings

115 Eastside, Olympia, WA 98506

$929,600
0.24 AC lot

General Commercial-zoned site with separate residential-scale and commercial buildings suited to office, medical, educational, or creative uses.

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Classic Brick Office Buildings
Classic Brick Office Buildings

2420-2424 Bristol Ct SW, Olympia, WA 98502

$4,500,000
35,738 sqft

Two well-maintained office buildings near the Thurston County Courthouse.

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Classic Brick Office Buildings
Classic Brick Office Buildings

919-921 Lakeridge Way SW, Olympia, WA 98502

$3,200,000
27,990 sqft

Two well-maintained office buildings near the Thurston County Courthouse.

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Medical Office Portfolio at Black Hills Medical Park
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

Four fully occupied medical office properties offer modified gross leases and individually metered utilities within Black Hills Medical Park.

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Office Building Near Hospital
Office Building Near Hospital

703 Lilly Rd NE, Olympia, WA 98506

Contact for pricing
3,856 sqft

Professional workspace with access to I-5 and nearby residential and commercial areas.

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Olympia Mixed-Use Investment Opportunity
Olympia Mixed-Use Investment Opportunity

1015 4th Ave, Olympia, WA 98502

$895,000
6,505 sqft

Mid-century modern building suitable for owner/user or investment.

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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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Remodeled Office and Wellness Center
Remodeled Office and Wellness Center

1017 4th Ave E, Olympia, WA 98506

Contact for pricing
1,700 sqft

Fully remodeled office and wellness center with abundant natural light and strong frontage in Olympia.

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Medical Office Condo with Exam Rooms
Medical Office Condo with Exam Rooms

403 Black Hills Ln SW, Suite C, Olympia, WA 98502

Contact for pricing
2,189 sqft

Vacant Class B suite with two entrances, reception space, exam rooms, lab area, and private offices.

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Office Building with Flexible Suites
Office Building with Flexible Suites

2607 Martin Way E, Olympia, WA 98506

$2,500,000

Flexible office configuration with multiple suites, two kitchens, two restrooms, and on-site parking.

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Office Condominium with Inlet Views
Office Condominium with Inlet Views

1801 W Bay Dr NW, Olympia, WA 98502

$505,000

Private offices, reception, open work area, storage, and kitchenette support a flexible professional layout.

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Mixed-Use Building with 8 Tenants
Mixed-Use Building with 8 Tenants

302 304 4th Ave E, Olympia, WA 98501

$2,200,000

Occupied tenant mix includes street retail, artist lofts, music studios, and office uses.

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74-Suite Office Building with Ground Retail
74-Suite Office Building with Ground Retail

203 4th Ave E, Olympia, WA 98501

Contact for pricing
31,459 sqft

Downtown Olympia office building with 74 suites, including six ground-level retail spaces, and over 94% occupancy.

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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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Cold Storage Warehouse Complex
Cold Storage Warehouse Complex

545 Ronlee Ln NW, Olympia, WA 98502

Contact for pricing
8,000 sqft 1.19 AC lot

Two cold-storage capable warehouse buildings on a fenced, gated site with grade-level roll-up doors and 3-phase power.

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Storefront Property with Front Showroom
Storefront Property with Front Showroom

509 E 4th Ave, Olympia, WA 98501

Contact for pricing
13,657 sqft

Front showroom with storage and alley-access garage door, plus additional Jefferson-facing space leased through 5/27.

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Office Unit with Private Rooms
Office Unit with Private Rooms

2401 Bristol Court Sw A-102, Olympia, WA 98501

$350,000

Suite A-102 offers a reception area, conference room, sink, and shared restrooms within a professional complex.

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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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Olympia Office Building For Sale
Olympia Office Building For Sale

3910 Martin Way E, Olympia, WA 98506

$1,875,000
8,203 sqft

Office building in Olympia, WA, featuring multiple suites and parking.

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Olympia, WA Office Spaces Market Trends and Statistics

Explore 72 office spaces for sale in Olympia, WA, showcased through 35 active listings on our real estate platform. These investment opportunities span a total of 443,106 square feet of properties for sale, with an estimated market value of $37,762,550.

Sale prices for office properties in Olympia, WA start at $335,000, averaging $1,798,216, and reaching up to $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

Office buildings 41
Office Units 41
Medical Office Space 21
Coworking space 1
Creative space 1

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 $983K
98502 $1.4M
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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