Retail

Olympia, WA Retail Properties & Spaces for Sale

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Versatile Building with Redevelopment Potential
Updated: Mar 5
Versatile Building with Redevelopment Potential

509 E 4th Avenue, Olympia, WA 98501

$1,499,000
13,657 sqft 0.48 AC lot
Substantial 13,657 SF building with multiple possibilities.
Existing lease with Ballet NW generating $76K annual income (plus property tax and utilities) until 5/27.
Option to purchase either the 4,900 SF front retail space with two 1,200 SF storage areas, or the 6,000 SF leased portion separately.
Seller willing to divide the building into two spaces.
Renderings available for a new live‑work plan featuring 5 units.
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Olympia Retail, Office, Warehouse Buildings
Updated: Jan 27
Olympia Retail, Office, Warehouse Buildings

3456 Martin Way E, Olympia, WA 98506

$1,350,000
7,572 sqft 0.46 AC lot
Prime location with a 10/10 rating.
High visibility on Martin Way E.
Long‑term tenants (Interstate Batteries and CA Nail) in place.
Mix of retail, office, and industrial warehouse buildings.
Great flexibility due to the variety of building types.
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Visible Retail Box on Martin
Visible Retail Box on Martin

4014 Martin Way E, Olympia, WA

$6,200,000
27,144 sqft 1.98 AC lot

28,020 SF retail space with high traffic visibility.

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Retail Space Near Highway 101
Retail Space Near Highway 101

2404-2411 Chandler Ct SW, Olympia, WA

$6,750,000
18,000 sqft 2.18 AC lot

Retail space with highway visibility and tenant improvement packages.

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High-Visibility Retail Space Available
High-Visibility Retail Space Available

4014 Martin Way E, Olympia, WA 98506

$6,200,000
28,020 sqft

Retail space on Martin Way with high traffic volume.

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Lacey Retail Investment Opportunity
Lacey Retail Investment Opportunity

7131-7269 Martin Way E, Olympia, WA 98516

$11,500,000
43,873 sqft

43,873 SF building with 25 units, 100% occupancy.

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Downtown Olympia Corner Retail Space
Downtown Olympia Corner Retail Space

501 S Capitol Way, Olympia, WA

$995,000
3,360 sqft 0.17 AC lot

Corner retail space in downtown Olympia with high visibility.

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Olympia Mixed-Use Investment Opportunity
Olympia Mixed-Use Investment Opportunity

1015 4th Ave, Olympia, WA 98502

$895,000
6,505 sqft

Mid-century modern building suitable for owner/user or investment.

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Retail and Live-Work Building
Retail and Live-Work Building

509 4th Avenue E, Olympia, WA 98501

$1,475,000
13,657 sqft

Building includes a 4,900 SF showroom with rear storage, plus space leased through 5/27.

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Turnkey Restaurant Opportunity in Olympia
Turnkey Restaurant Opportunity in Olympia

2005 Ascension Ave NW, Olympia, Olympia, WA 98502

$699,999
1,620 sqft

Stand-alone restaurant ready for new operators on Olympia's Westside.

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Iconic Tavern with Apartments Above
Iconic Tavern with Apartments Above

210 4th Ave E, Olympia, WA

$1,825,000
10,800 sqft 0.12 AC lot

Tavern with commercial kitchen and 12 apartments above.

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Mixed-Use Retail and Apartments
Mixed-Use Retail and Apartments

213 4th Ave E, Olympia, WA

$1,199,000
5,964 sqft 0.08 AC lot

Downtown Olympia mixed-use property with retail space and apartments.

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Retail and Industrial Opportunity
Retail and Industrial Opportunity

3729 Pacific Ave SE, Olympia, WA

$6,150,000
32,482 sqft 3.26 AC lot

Family-owned retail and industrial property with high-traffic location.

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Olympia Commercial Land For Sale
Olympia Commercial Land For Sale

4131 Martin Way E, Olympia, WA

$4,250,000
0.87 AC lot

Commercial land available for sale in Olympia, Washington.

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Downtown Corner Retail Building
Downtown Corner Retail Building

501 Capitol, Olympia, WA 98501

$995,000
8,672 sqft

Multi-tenant corner retail building with main-floor retail space and additional upstairs area, featuring newly installed HVAC.

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Downtown Olympia Investment Opportunity
Downtown Olympia Investment Opportunity

120 4th Ave E, Olympia, WA

$1,299,999
0.15 AC lot

Fully leased building with three tenants in downtown Olympia.

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Large Stand-Alone Building in Olympia
Large Stand-Alone Building in Olympia

3738 Pacific Avenue Southeast, Olympia, WA

$4,500,000
1.96 AC lot

18,000 SF building with 130+ parking stalls for sale.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Olympia, WA, we suggest to view alternatives - similar 55 Off-Market properties to explore as potential leads.

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.

2752 Pacific SE Ave
GROCERY, SUPERMARKET

2752 Pacific SE Ave, Olympia, WA 98501-2037

$780,000
Estimated value
3,208 sqft 0.40 AC lot
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215 4th E Ave
RETAIL STORES (PERSONAL SERVICES)

215 4th E Ave, Olympia, WA 98501-1104

Value Estimation by Request
2,878 sqft 0.08 AC lot
View details
3703 Pacific SE Ave
RETAIL STORES (PERSONAL SERVICES)

3703 Pacific SE Ave, Olympia, WA 98501-2124

Value Estimation by Request
6,240 sqft 0.28 AC lot
View details
1707 Harrison NW Ave
GROCERY, SUPERMARKET

1707 Harrison NW Ave, Olympia, WA 98502-5242

Value Estimation by Request
1,921 sqft 0.28 AC lot
View details
7837 Martin E Way
RETAIL STORES (PERSONAL SERVICES)

7837 Martin E Way, Olympia, WA 98516-5731

$1,185,000
Estimated value
7,695 sqft 3.25 AC lot
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610 Sleater Kinney SE Rd
RETAIL STORES (PERSONAL SERVICES)

610 Sleater Kinney SE Rd, Olympia, WA 98503-1008

$1,545,000
Estimated value
10,440 sqft 0.94 AC lot
View details
513 Capitol S Way
RESTAURANT

513 Capitol S Way, Olympia, WA 98501-1206

Value Estimation by Request
1,244 sqft 0.04 AC lot
View details

Olympia, WA Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Olympia, WA, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 207,669 square feet of properties for sale, with an estimated market value of $46,257,999.

Sale prices for stores in Olympia, WA start at $699,999, averaging $3,558,307, and reaching up to $11,500,000 — 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

Storefront properties 7
Shopping centers 4
Showrooms 4
Auto shops 1
Automotive properties 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
98502 $1.5M
98501 $1.5M
98506 $1.9M
98516 $7.3M

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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