3773 Martin E Way Olympia, WA 98506-5048
This single-story, 10,625 square foot Class B medical office building, situated on a 0.94-acre lot in Thurston County, presents a compelling investment opportunity. Built in 1989, the property features a multi-tenant configuration with currently available space totaling 2,680 square feet. One immediately available suite offers 1,540 square feet, ideal for a variety of medical practices. The building's location on Martin Way in Olympia provides excellent visibility and convenient access to Interstate 5, ensuring high traffic flow and easy patient access. The property is zoned HDC-4 and its proximity to a hospital and other medical services makes it particularly attractive for healthcare professionals. Existing tenant build-outs include office and chiropractic spaces, showcasing the building's adaptability to diverse medical needs. The property's APN is 11817231900. This is a rare opportunity to acquire a well-located medical office building with immediate availability in a thriving medical corridor. The building's single-story design and ample parking further enhance its appeal.
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Northwest Resources Medical Clinic
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Carrie N. Gast, LMP Alternative Medicine Practice Spa & Massage Center
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Himanshu Banda Ophthalmologist
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Dr. Jennifer Booker Alternative Medicine Practice
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Michaela Kornfeld Alternative Medicine Practice Spa & Massage Center
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
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.