3315 Pacific SE Ave, Olympia, WA 98501-2171
This exceptional retail opportunity is located at 3315 Pacific Ave SE, Olympia, WA 98501, at the intersection of Fones Rd and Pacific Ave, with convenient access from I-5 exit 107. The property, part of Olympia Square South, offers two available spaces: one 1,537 square feet and another 2,017 square feet. Previously occupied by a vacuum shop, these versatile spaces are suitable for various retail, office, or other commercial uses. The 64,393 square foot, single-story Class A building, constructed and renovated in 1988, boasts 13 suites in total and sits on a 5.31-acre lot with 200 parking spaces. The property benefits from a strong tenant mix including Shari's, Ross, and Smile 4 Kids Dental, ensuring high foot traffic and visibility. Nearby amenities such as Albertsons and Dairy Queen further enhance customer convenience. The property's zoning is Commercial, and its APN is 66450000100. Property taxes are $2.40 per square foot. This high-traffic location provides significant exposure for your business. The minimum divisible space is 1,537 square feet, with a maximum contiguous space of 1,537 square feet. Don't miss this chance to establish your business in one of Olympia's most vibrant retail destinations.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GC · Olympia, WAOlympia. Always verify with local authorities before improvements.
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.