Restaurants

Olympia, WA Restaurants for Sale

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Tumwater, WA Lacey, WA Tenino, WA Shelton, WA Anderson Island, WA Allyn, WA Longbranch, WA Lakebay, WA
Restaurant Building with Commercial Kitchen
Updated: Jul 22
Restaurant Building with Commercial Kitchen

110-9323 Martin Way E, Olympia, WA 98516

$425,000
1,200 sqft
1,200 SF restaurant building with established business included
Commercial kitchen with Type I hood system
Walk‑in refrigerator and restaurant equipment included
Established restaurant operation serving the community for over 20 years
On‑site parking
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Turnkey Standalone Restaurant Building
Updated: Mar 30
Turnkey Standalone Restaurant Building

2005 Ascension Ave NW, Olympia, WA 98502

Contact for pricing
1,620 sqft 0.18 AC lot
Standalone, single‑tenant restaurant building totaling 1,620 SF
Two‑story structure originally built in 1904
0.18‑acre lot at the intersection of Ascension and Division
Fully operational and licensed restaurant business for immediate use by new operators
Classified for retail mixed use
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Iconic Tavern with Apartments Above
Iconic Tavern with Apartments Above

210 4TH, Olympia, WA 98501

$1,775,000

Tavern with commercial kitchen and 12 apartments above.

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See hot listings in Olympia

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 37 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

Opportunities in Nearby Cities

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

Net Leased Drive-Through Restaurant
Net Leased Drive-Through Restaurant

340 Cleveland Ave SE, Tumwater, WA 98501

Contact for pricing
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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Ground Leased Wendy's For Sale
Ground Leased Wendy's For Sale

1401 & 1551 Kingswood Dr SW, Tumwater, WA 98512

$2,783,505
2,540 sqft

20-Year Ground Leased Wendy's with zero landlord responsibility.

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Iconic University Place Cafe Building
Iconic University Place Cafe Building

2912 27th St W, University Place, WA 98466

$1,295,000
7,263 sqft

Prime retail property near Chambers Bay with development potential.

View details
Turn-Key Restaurant Ready For Sale
Turn-Key Restaurant Ready For Sale

2122 Mildred Street W, University Place, WA 98466

$1,700,000
5,634 sqft

Restaurant with hood, grease trap, kitchen equipment, and bar.

View details

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.

513 Capitol S Way
RESTAURANT

513 Capitol S Way, Olympia, WA 98501-1206

Estimated value:
$275,000
1,244 sqft 0.04 AC lot
View details
728 4th E Ave
TAKE-OUT RESTAURANT

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

Estimated value:
$295,000
256 sqft 0.29 AC lot
View details
3425 Pacific SE Ave
RESTAURANT

3425 Pacific SE Ave, Olympia, WA 98501-2160

Estimated value:
$1,475,000
3,860 sqft 0.14 AC lot
View details
507 Capitol S Way
RESTAURANT

507 Capitol S Way, Olympia, WA 98501-1206

Estimated value:
$445,000
2,400 sqft 0.06 AC lot
View details
1400 Bethel NE St
RESTAURANT

1400 Bethel NE St, Olympia, WA 98506-4309

Estimated value:
$190,000
946 sqft 0.19 AC lot
View details
400 Cooper Pt Rd Swc
DRIVE-THRU RESTAURANT, FAST FOOD

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

Estimated value:
$420,000
2,960 sqft
View details
3540 Pacific SE Ave
RESTAURANT

3540 Pacific SE Ave, Olympia, WA 98501-2121

Estimated value:
$365,000
5,057 sqft 0.13 AC lot
View details
2101 Harrison NW Ave
RESTAURANT

2101 Harrison NW Ave, Olympia, WA 98502-2631

Estimated value:
$605,000
3,120 sqft 1.16 AC lot
View details
1335 Cooper Pt SW Rd
DRIVE-THRU RESTAURANT, FAST FOOD

1335 Cooper Pt SW Rd, Olympia, WA 98502

Estimated value:
$750,000
4,552 sqft 0.91 AC lot
View details
222 Capitol N Way
RESTAURANT

222 Capitol N Way, Olympia, WA 98501-8211

Estimated value:
$905,000
14,378 sqft 0.33 AC lot
View details
420 Steele SE St
RESTAURANT

420 Steele SE St, Olympia, WA 98501-2050

Estimated value:
$305,000
2,288 sqft 0.16 AC lot
View details
312 Columbia NW St
RESTAURANT

312 Columbia NW St, Olympia, WA 98501-1031

Estimated value:
$705,000
14,304 sqft 0.33 AC lot
View details
1615 State NE Ave
RESTAURANT

1615 State NE Ave, Olympia, WA 98506-4554

Estimated value:
$245,000
3,548 sqft 0.12 AC lot
View details
3525 Shincke NE Rd
RESTAURANT

3525 Shincke NE Rd, Olympia, WA 98506-2928

Estimated value:
$265,000
1.05 AC lot
View details
1301 Cooper Pt SW Rd
DRIVE-THRU RESTAURANT, FAST FOOD

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

Estimated value:
$465,000
1,970 sqft 0.91 AC lot
View details
1415 State NE Ave
RESTAURANT

1415 State NE Ave, Olympia, WA 98506-4456

Estimated value:
$270,000
1,274 sqft 0.08 AC lot
View details
2528 Harrison NW Ave
DRIVE-THRU RESTAURANT, FAST FOOD

2528 Harrison NW Ave, Olympia, WA 98502-4547

Estimated value:
$535,000
3,694 sqft 1.00 AC lot
View details
4530 Martin E Way
RESTAURANT

4530 Martin E Way, Olympia, WA 98516-5363

Estimated value:
$320,000
1,680 sqft 0.28 AC lot
View details
1021 Kingham NE St
RESTAURANT

1021 Kingham NE St, Olympia, WA 98516

Estimated value:
$455,000
2,510 sqft 1.04 AC lot
View details
4221 Harrison NW Ave
BAR, TAVERN

4221 Harrison NW Ave, Olympia, WA 98502-5069

Estimated value:
$300,000
2,786 sqft 0.44 AC lot
View details
2423 4th E Ave
RESTAURANT

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

Estimated value:
$370,000
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 2,820 square feet of properties for sale, with an estimated market value of $2,200,000.

Sale prices for restaurant properties in Olympia, WA start at $425,000, averaging $1,100,000, and reaching up to $1,775,000 — 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

Conventional restaurants 2
Bars & Pubs 1
Commercial kitchens 1
Drive through restaurants 1

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
98516 $425K
98501 $1.8M

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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