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Property profile & analytics
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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