Property summary
This exceptional retail opportunity is located at 3720 & 3726 Pacific Avenue SE in Olympia, WA, 98501. The property offers a total of 6,455 square feet of commercial space, currently entirely vacant and available for lease. Multiple units are available, with a minimum divisible space of 500 square feet and a maximum contiguous space of 2,355 square feet, providing flexibility for various business needs. This prime location in Olympia, Washington's capital city, benefits from its picturesque waterfront, vibrant arts scene, and rich history. Olympia's status as the state's administrative center, coupled with its higher education institutions like Evergreen State College, creates a dynamic and diverse community. The property's address places it within easy reach of the iconic Washington State Capitol Building and other key city amenities. This blend of natural beauty, cultural richness, and community spirit makes this location highly attractive for businesses seeking a thriving and accessible market. The property is ideally suited for a variety of retail uses, offering significant potential for growth and success in a desirable location. The entire 6,455 square feet is available for lease immediately.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
GC) zoning district. D. Annexation - Designation of Zoning Districts. Unless otherwise stated by the authorizing ordinance, all annexed areas within the urban growth area shall be zoned in conformance with the zoning map…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
GC · Olympia, WAGC) zoning district. D. Annexation - Designation of Zoning Districts. Unless otherwise stated by the authorizing ordinance, all annexed areas within the urban growth area shall be zoned in conformance with the zoning map…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
GC) zoning district. D. Annexation - Designation of Zoning Districts. Unless otherwise stated by the authorizing ordinance, all annexed areas within the urban growth area shall be zoned in conformance with the zoning map…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GC in Olympia, WA.
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