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    OFF-MARKET
    Restaurants

    1018 Capitol Way, Olympia, WA 98501

    22,088 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2,035 square foot executive office space is situated in the Union Heights Building at 1018 Capitol Way S, Olympia, WA 98501, within the CBA Olympia submarket of Thurston County. The single-tenant space is part of a larger 22,088 square foot building and offers a highly desirable location in downtown Olympia, boasting excellent freeway access and prominent corner signage opportunities at the intersection of Capitol and Union. The space is immediately available and features six private offices, a reception area, a break room, and a copy nook, making it ideal for a variety of businesses. The building is ADA accessible and includes four designated parking spaces. The property sits on a 0.33-acre lot and is zoned DB. This is a unique opportunity to establish a presence in a vibrant downtown location alongside established businesses such as Mecconi's and Drip Coffee Shop. The building is a single-story structure. This move-in ready space presents a compelling opportunity for businesses seeking a well-appointed and conveniently located office in the heart of Olympia.

    Property profile
    Verified
    Property type Restaurants
    Total area 22,088 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Bailey General Contractors Construction Company General Contractor
    • Meconi's Italian Subs Take-out & Catering
    • Stifel Financial Advisor
    • Strategies 360 Business Management Consultant
    • Premier Insurance WA Insurance Agency
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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