1115 Bay Dr, Olympia, WA 98502
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.
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Gibbs & Olson Inc Land Surveyor Engineering Consultant
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madrona psychological Physician Medical Clinic
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Owens Davies, P.S. Law Firm
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Budsberg Law Group, PLCC Law Firm Financial Advisor
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Sculpt Studio x P Spa & Massage Center Alternative Medicine Practice
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.