Retail

Olympia, WA Retail Space for Sale

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Tumwater, WA Lacey, WA Shelton, WA Tenino, WA Anderson Island, WA Allyn, WA Longbranch, WA Lakebay, WA
12 properties
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Storefront with New HVAC
Updated: Jul 27
Storefront with New HVAC

501 S Capitol Way, Olympia, WA 98501

$995,000
8,672 sqft
7,072 sq ft on the main floor
1,600 sf ft of upstairs space
Three current tenants: Escape Puzzle Room, Harlequin Productions, and Super Silver Jewelry store
All tenant leases are month to month
New HVAC system
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Downtown Corner Retail Building
Updated: Nov 6, 2025
Downtown Corner Retail Building

501 Capitol, Olympia, WA 98501

$995,000
8,672 sqft
Corner retail building at 5th and Capitol in downtown Olympia
Year built 1937 with multi‑tenant layout
Includes 7,072 sq ft of main‑floor retail space and 1,600 sq ft upstairs area
Current tenants include Escape Puzzle Room, Harlequin Productions, and Super Silver Jewelry store
Tenants are month to month
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Versatile Building with Redevelopment Potential
Versatile Building with Redevelopment Potential

509 4th Avenue E, Olympia, WA 98501

$1,475,000
13,657 sqft 0.48 AC lot

13,657 SF building with showroom, storage, and redevelopment options.

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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.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
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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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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Mixed-Use Building with 8 Tenants
Mixed-Use Building with 8 Tenants

302 304 4th Ave E, Olympia, WA 98501

$2,200,000

Occupied tenant mix includes street retail, artist lofts, music studios, and office uses.

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The Security Building Mixed-Use Property
The Security Building Mixed-Use Property

201-205 4th Ave E, Olympia, WA 98501

Contact for pricing
31,459 sqft

A 1908 downtown building combines ground-level retail with office suites across multiple floors.

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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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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.

Freestanding Storefront Building
Freestanding Storefront Building

5910 Pacific Ave SE, Lacey, WA 98503

Contact for pricing
5,040 sqft

Standalone retail space with a newer roof, on-site parking, and established tenant occupancy.

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

502 Custer, Tumwater, WA 98501

$1,199,000

Retail or office space in Tumwater Brewery District.

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Retail Space in Martin Village
Retail Space in Martin Village

5420 Martin Way E, Lacey, WA 98516

Contact for pricing
57,265 sqft

Large retail space available for lease or sale in Martin Village, offering 57,265 square feet.

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High-Visibility Retail Redevelopment Opportunity
High-Visibility Retail Redevelopment Opportunity

5203 Capitol Boulevard South, Tumwater, WA 98501

Contact for pricing

Infill retail asset with redevelopment potential in active commercial corridor.

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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

Estimated value:
$265,000
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

Estimated value: 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

Estimated value:
$1,185,000
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

Estimated value:
$1,545,000
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

Estimated value:
$305,000
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

Estimated value:
$5,135,000
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

Estimated value:
$950,000
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

Estimated value: 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

Estimated value:
$1,000,000
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

Estimated value:
$2,005,000
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

Estimated value:
$600,000
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

Estimated value:
$885,000
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 134,852 square feet of properties for sale, with an estimated market value of $12,610,000.

Sale prices for retail space in Olympia, WA start at $850,000, averaging $1,801,428, 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 16
Shopping centers 6
Showrooms 3
Automotive properties 2
Auto shops 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
98501 $1.4M
98502 $2.3M

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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