208 State Ave Olympia, WA 98501
- Retail properties
- 39,584 SF
Current Use by Public Records
- Row / American Restaurant
- Clínica de St Peter / Women'S Health Clinic
Property Details for 208 State Ave
- Property size
- 39,584 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional commercial property located at 208 State Avenue in Olympia, Thurston County, Washington presents a unique investment opportunity. The property encompasses a substantial 39,584 square feet of retail space, currently configured as a single-tenant building. The building's previous occupant was a candy production facility, offering a versatile layout adaptable to a variety of retail uses. The space is ideally suited for businesses such as coffee shops, juice bars, or wine retailers, given its existing infrastructure and prime location. Situated on the corner of State and Columbia, this property benefits from high visibility and excellent foot traffic. The lease rate is $3,650 per month, plus utilities. The property is classified as both Retail and Land, offering significant potential for future development or expansion. The single-suite configuration provides a streamlined operational environment for a single tenant. This is a rare opportunity to acquire a substantial retail space in a desirable location within Olympia's thriving commercial district. The property's size and location make it an attractive proposition for businesses seeking a prominent presence in the heart of the city. The existing build-out offers a significant advantage for prospective tenants, reducing initial setup costs and allowing for a quicker start to operations. Serious inquiries are encouraged to explore this exceptional commercial real estate offering.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Olympia
- County
- Thurston
- State
- Washington
- Longitude
- -122.904
- Latitude
- 47.0458
