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    Olympia, WA
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    Olympia, WA Retail Space for Sale

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    Olympia Mixed-Use Investment Opportunity
    Updated: Mar 11, 2025
    Olympia Mixed-Use Investment Opportunity

    1015 4th Ave, Olympia, WA 98502

    $895,000
    6,505 sqft
    100% Occupied: Provides immediate income stream.
    Mid‑Century Modern Building: Appeals to those who appreciate architectural style.
    On‑Site Parking: Convenient for tenants and customers.
    Great Neighborhood Setting: Ideal for personal services.
    Owner/User Potential: Opportunity for future occupancy.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1015 4th Ave, Olympia, WA 98502

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $79K
      Annual

    • Mortgage

      $615K
      Nov 2019

    • Last Sold

      Feb 2026
      $815K

    • Property Type

      Professional Building
      Built 1962
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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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    Commercial
    Commercial

    116 NE State Avenue, Olympia, WA 98501

    $736,000
    2,000 sqft

    Storefront properties · 2,000 SF

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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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Downtown Waterfront Retail Property
    Downtown Waterfront Retail Property

    301-303 Capitol Way N, Olympia, WA 98501

    Contact for pricing
    12,120 sqft

    Retail building in downtown Olympia with four current tenants and steps from the waterfront and Percival Landing.

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    Brick Storefront Building
    Brick Storefront Building

    509 4th Avenue E, Olympia, WA 98501

    $1,475,000
    13,657 sqft

    Commercial property with a showroom and rear storage areas.

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    Visible Retail Box on Martin
    Visible Retail Box on Martin

    4014 Martin Way E, Olympia, WA

    Contact for pricing
    27,144 sqft 1.98 AC lot

    28,020 SF retail space with high traffic visibility.

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    Downtown Olympia Corner Retail Space
    Downtown Olympia Corner Retail Space

    501 S Capitol Way, Olympia, WA

    Contact for pricing
    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

    $850,000
    6,505 sqft

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

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    Renovated Retail Investment Building
    Renovated Retail Investment Building

    305 Cooper Point Rd NW, Olympia, WA 98502

    Contact for pricing
    20,118 sqft

    Retail building built in 2006 and renovated in 2023, offered for sale with Commercial zoning.

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    Renovated Pet Hospital For Sale
    Renovated Pet Hospital For Sale

    1400 Evergreen Park Dr SW, Olympia, WA 98502

    $5,200,000

    Recently renovated pet hospital with long-term tenant near highways.

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    Multi-Tenant Retail Building
    Multi-Tenant Retail Building

    1702 4th Ave E, Olympia, WA 98506

    Contact for pricing

    Well located retail building with long-term tenants, offered as an investment for sale.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 12 Active listings in Olympia, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 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.

    Flex Space with Retail/Office Frontage
    Flex Space with Retail/Office Frontage

    502 Custer Way, Tumwater, WA 98501

    Contact for pricing
    10,000 sqft 0.19 AC lot

    Flex configuration with frontage for visitor-facing use plus expansive storage and warehouse space.

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    Tumwater Retail/Office Space Available
    Tumwater Retail/Office Space Available

    502 Custer Way W, Tumwater, WA

    Contact for pricing
    1,300 sqft 0.16 AC lot

    Retail or office space in Tumwater Brewery District.

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    Retail Property with Front/Rear Parking
    Retail Property with Front/Rear Parking

    4331 Lacey Blvd SE, Lacey, WA 98503

    Contact for pricing

    Retail building with parking in front and rear, featuring visibility near a major roundabout and long-term tenants.

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    Retail Space For Sale
    Retail Space For Sale

    4714 Lacey Blvd SE, Lacey, WA 98503

    Contact for pricing

    For-sale retail space at 4714 Lacey Blvd SE in Lacey, Washington.

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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.

    215 4th E Ave
    RETAIL STORES (PERSONAL SERVICES)

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

    $265,000
    Estimated value
    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
    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
    View details
    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
    4315 Harrison NW Ave
    RETAIL STORES (PERSONAL SERVICES)

    4315 Harrison NW Ave, Olympia, WA 98502-5074

    $305,000
    Estimated value
    2,376 sqft 0.70 AC lot
    View details
    2815 Capital Mall SW Dr
    RETAIL STORES (PERSONAL SERVICES)

    2815 Capital Mall SW Dr, Olympia, WA 98502-8633

    $5,135,000
    Estimated value
    35,836 sqft 5.01 AC lot
    View details
    500 Capitol S Way
    RETAIL STORES (PERSONAL SERVICES)

    500 Capitol S Way, Olympia, WA 98501-1204

    $950,000
    Estimated value
    7,089 sqft 0.08 AC lot
    View details
    9145 Fassett SW St
    RETAIL STORES (PERSONAL SERVICES)

    9145 Fassett SW St, Olympia, WA 98512-7730

    Value Estimation by Request
    3,312 sqft 3.89 AC lot
    View details
    2921 Pacific SE Ave
    RETAIL STORES (PERSONAL SERVICES)

    2921 Pacific SE Ave, Olympia, WA 98501-2040

    $1,000,000
    Estimated value
    8,336 sqft 0.37 AC lot
    View details
    711 Legion SE Way
    RETAIL STORES (PERSONAL SERVICES)

    711 Legion SE Way, Olympia, WA 98501-1517

    $2,005,000
    Estimated value
    12,600 sqft 0.43 AC lot
    View details
    101 Milroy NW St
    RETAIL STORES (PERSONAL SERVICES)

    101 Milroy NW St, Olympia, WA 98502-5120

    $600,000
    Estimated value
    2,126 sqft 0.13 AC lot
    View details
    1821 Harrison NW Ave
    RETAIL STORES (PERSONAL SERVICES)

    1821 Harrison NW Ave, Olympia, WA 98502-5116

    $885,000
    Estimated value
    3,904 sqft 0.10 AC lot
    View details

    Olympia, WA Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in Olympia, WA, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 113,738 square feet of properties for sale, with an estimated market value of $11,650,000.

    Sale prices for retail space in Olympia, WA start at $736,000, averaging $1,664,285, and reaching up to $5,200,000 — 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 19
    Shopping centers 7
    Showrooms 5
    Auto shops 3
    Automotive properties 3

    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 $895K
    98501 $1.2M

    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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    • 98501
    • 98502
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