Olympia, WA Restaurants for Sale

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Updated: Nov 28, 2025

Iconic Tavern with Apartments Above

210 4th Ave E, Olympia, WA

$1,825,000

10,800 sqft 0.12 AC lot

Established tavern with potential to revive as a live music and dancing venue.
Includes a large bar and commercial kitchen.
Features 12 apartments above the tavern, providing rental income.
Rental income ranges from $650 to $1400 per apartment.
Offers a covered alley space.

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This listing looks promising.

Here's a quick look at some key insights for

210 4th Ave E, Olympia, WA

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Est. Cap Rate

7.4%
Above avg (5.9%)
Est. NOI

$135K
Annual
Mortgage

$473K
Feb 2019
Last Sold

Oct 2004
$660K
Property Type

Bar, Tavern
Built 1914

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Updated: May 2, 2025

Turnkey Restaurant Opportunity in Olympia

2005 Ascension Ave NW, Olympia, Olympia, WA 98502

$699,999

1,620 sqft

Turnkey restaurant opportunity.
Stand‑alone restaurant on Olympia's Westside.
Fully operational and licensed restaurant business.
Former location of highly rated La Petite Maison.
Year Built: 1904.

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Sonic Drive-In NNN Opportunity

1303 Cooper Point Rd SW, Olympia, WA 98502

Contact for pricing

Absolute net Sonic drive-in with 16 years remaining on the initial term, shadow anchored by a prominent grocer.

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Based on your search, we've compiled 41 Potential Opportunities for your consideration. Besides 3 Active listings in Olympia, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 30 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial Building Near Spencer Lake

2810 E Spencer Lake Road, Shelton, WA 98584

$769,950

4,212 sqft 1.00 AC lot

4,212 SF commercial building on one acre near Spencer Lake.

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Historic Two-Story Building with Kitchen

218 N 3rd Street, Shelton, WA 98584

$450,000

7,776 sqft 0.28 AC lot

Historic two-story building with an installed fire sprinkler system and a functional commercial kitchen for meal preparation.

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Net Leased Drive-Through Restaurant

340 Cleveland Ave SE, Tumwater, WA 98501

$1,789,100

3,000 sqft

Net leased Starbucks with a drive-thru in Tumwater, offered as a leasehold interest subject to an existing ground lease.

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Single-Tenant Foodservice Property

710 Trosper Rd SW, Tumwater, WA 98512

Contact for pricing

New construction single-tenant smart foodservice investment property available for sale.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land Near Home Depot

Tacoma, WA 98445

Contact for pricing

22,216 sqft 0.48 AC lot

0.48 acre commercial land near major retailers.

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Zoned Commercial Land Development Site

509 C Street SW, Auburn, WA 98001

$850,000

0.20 AC lot

Flat, rectangular commercial lot zoned C-3 with utilities in the street and development opportunities for multiple use types.

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Commercial Land Near Home Depot

901 Grady Way, Renton, WA 98055

Contact for pricing

62,291 sqft 1.98 AC lot

1.98 AC commercial land near major retailers and restaurants.

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Commercial Arterial Zoned Land

4325 NE Sunset Blvd, Renton, WA 98059

$2,000,000

Commercial land suitable for various developments, flexible seller terms.

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Off-Market Properties in Olympia, WA

Consider similar Off-Market properties in Olympia, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RESTAURANT

513 Capitol S Way, Olympia, WA 98501-1206

Value Estimation by Request

1,244 sqft 0.04 AC lot

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TAKE-OUT RESTAURANT

728 4th E Ave, Olympia, WA 98506-3920

Value Estimation by Request

256 sqft 0.29 AC lot

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RESTAURANT

3425 Pacific SE Ave, Olympia, WA 98501-2160

$1,475,000

Estimated value

3,860 sqft 0.14 AC lot

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RESTAURANT

507 Capitol S Way, Olympia, WA 98501-1206

Value Estimation by Request

2,400 sqft 0.06 AC lot

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RESTAURANT

1400 Bethel NE St, Olympia, WA 98506-4309

Value Estimation by Request

946 sqft 0.19 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

400 Cooper Pt Rd Swc, Olympia, WA 98502-8705

Value Estimation by Request

2,960 sqft

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RESTAURANT

3540 Pacific SE Ave, Olympia, WA 98501-2121

Value Estimation by Request

5,057 sqft 0.13 AC lot

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RESTAURANT

2101 Harrison NW Ave, Olympia, WA 98502-2631

$605,000

Estimated value

3,120 sqft 1.16 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

1335 Cooper Pt SW Rd, Olympia, WA 98502

$750,000

Estimated value

4,552 sqft 0.91 AC lot

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RESTAURANT

222 Capitol N Way, Olympia, WA 98501-8211

$905,000

Estimated value

14,378 sqft 0.33 AC lot

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RESTAURANT

420 Steele SE St, Olympia, WA 98501-2050

Value Estimation by Request

2,288 sqft 0.16 AC lot

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RESTAURANT

312 Columbia NW St, Olympia, WA 98501-1031

$705,000

Estimated value

14,304 sqft 0.33 AC lot

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RESTAURANT

1615 State NE Ave, Olympia, WA 98506-4554

Value Estimation by Request

3,548 sqft 0.12 AC lot

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RESTAURANT

3525 Shincke NE Rd, Olympia, WA 98506-2928

Value Estimation by Request

1.05 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

1301 Cooper Pt SW Rd, Olympia, WA 98502-5729

Value Estimation by Request

1,970 sqft 0.91 AC lot

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RESTAURANT

1415 State NE Ave, Olympia, WA 98506-4456

Value Estimation by Request

1,274 sqft 0.08 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

2528 Harrison NW Ave, Olympia, WA 98502-4547

$535,000

Estimated value

3,694 sqft 1.00 AC lot

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RESTAURANT

4530 Martin E Way, Olympia, WA 98516-5363

Value Estimation by Request

1,680 sqft 0.28 AC lot

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RESTAURANT

1021 Kingham NE St, Olympia, WA 98516

Value Estimation by Request

2,510 sqft 1.04 AC lot

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BAR, TAVERN

4221 Harrison NW Ave, Olympia, WA 98502-5069

Value Estimation by Request

2,786 sqft 0.44 AC lot

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RESTAURANT

2423 4th E Ave, Olympia, WA 98506-4820

Value Estimation by Request

2,044 sqft 0.94 AC lot

View details

Olympia, WA Restaurants Market Trends and Statistics

Explore 33 restaurants for sale in Olympia, WA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 12,420 square feet of properties for sale, with an estimated market value of $2,524,999.

Sale prices for restaurant properties in Olympia, WA start at $699,999, averaging $1,262,499, and reaching up to $1,825,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 241K

Population Growth (5Y) +8.3%

Median Household Income $94,198

College Educated 31.7%

High-Yield Neighborhoods for Investment

Identify Olympia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
98502	$800K

Taxes & Financing

Tax Rate (average for all types) 0.90%

Property Tax per SF $10.62 per SF

Tax Rate vs County Average 0.01 pp above county avg

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Olympia fall within the 10,000 to 25,000 square foot range.

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Olympia, WA Restaurants for Sale

210 4th Ave E, Olympia, WA

2005 Ascension Ave NW, Olympia, Olympia, WA 98502

1303 Cooper Point Rd SW, Olympia, WA 98502

Opportunities in Nearby Cities

2810 E Spencer Lake Road, Shelton, WA 98584

218 N 3rd Street, Shelton, WA 98584

340 Cleveland Ave SE, Tumwater, WA 98501

710 Trosper Rd SW, Tumwater, WA 98512

Potential Development Sites for Consideration

Tacoma, WA 98445

509 C Street SW, Auburn, WA 98001

901 Grady Way, Renton, WA 98055

4325 NE Sunset Blvd, Renton, WA 98059

Off-Market Properties in Olympia, WA

513 Capitol S Way, Olympia, WA 98501-1206

728 4th E Ave, Olympia, WA 98506-3920

3425 Pacific SE Ave, Olympia, WA 98501-2160

507 Capitol S Way, Olympia, WA 98501-1206

1400 Bethel NE St, Olympia, WA 98506-4309

400 Cooper Pt Rd Swc, Olympia, WA 98502-8705

3540 Pacific SE Ave, Olympia, WA 98501-2121

2101 Harrison NW Ave, Olympia, WA 98502-2631

1335 Cooper Pt SW Rd, Olympia, WA 98502

222 Capitol N Way, Olympia, WA 98501-8211

420 Steele SE St, Olympia, WA 98501-2050

312 Columbia NW St, Olympia, WA 98501-1031

1615 State NE Ave, Olympia, WA 98506-4554

3525 Shincke NE Rd, Olympia, WA 98506-2928

1301 Cooper Pt SW Rd, Olympia, WA 98502-5729

1415 State NE Ave, Olympia, WA 98506-4456

2528 Harrison NW Ave, Olympia, WA 98502-4547

4530 Martin E Way, Olympia, WA 98516-5363

1021 Kingham NE St, Olympia, WA 98516

4221 Harrison NW Ave, Olympia, WA 98502-5069

2423 4th E Ave, Olympia, WA 98506-4820

Olympia, WA Restaurants Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Property Size Breakdown

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