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    OFF-MARKET
    Office Spaces

    1115 Bay Dr, Olympia, WA 98502

    35,651 SF 2.28 ac lot Built 2006
    Property ID
    Property summary
    AI-generated overview

    This exceptional Class A office building, constructed in 2006, offers 35,651 square feet of versatile space situated on a 2.283-acre waterfront lot in Thurston County. The single, three-story building boasts 72 parking spaces, ensuring convenient access for tenants and visitors. The property features multiple tenancies, providing flexibility for various business needs. Enjoy stunning waterfront views from this desirable location. The building is equipped with elevators for easy access to all three floors. Its zoning designation is PO/RM. The property's address is 1115 W Bay Drive NW, and its Assessor's Parcel Number (APN) is 09030003000. This prime location offers convenient access to downtown Olympia and Interstate 5, providing excellent connectivity for employees and clients. Tenant improvement negotiations are available, allowing for customization to suit specific business requirements. This presents a unique opportunity to acquire a well-maintained, high-quality office building in a highly sought-after location. The property's size and amenities make it ideal for a variety of businesses seeking a prestigious and functional workspace.

    Property profile
    Verified
    Property type Office Spaces
    Year built 2006
    Total area 35,651 SF
    Lot 2.28 ac (99,447 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
    • Gibbs & Olson Inc Land Surveyor Engineering Consultant
    • madrona psychological Physician Medical Clinic
    • Owens Davies, P.S. Law Firm
    • Budsberg Law Group, PLCC Law Firm Financial Advisor
    • Sculpt Studio x P Spa & Massage Center Alternative Medicine Practice
    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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