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    Olympia, WA
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    Olympia, WA Retail Space for Sale

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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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    This listing looks promising.

    Here's a quick look at some key insights for

    3456 Martin Way E, Olympia, WA

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $75K
      Annual

    • Mortgage

      $250K
      Jun 2020

    • Last Sold

      Jan 2006
      $150K

    • Property Type

      Auto Repair, Garage
      Built 1956
    View Property Analytics
    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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    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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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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    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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    Olympia Westside Office Opportunity
    Olympia Westside Office Opportunity

    1700 Cooper Point Rd SW, Olympia, WA 98502

    $300,000
    1,006 sqft

    Versatile Olympia property near amenities and Highway 101.

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    Olympia Retail Buildings For Sale
    Olympia Retail Buildings For Sale

    205 Kenyon St NW, Olympia, WA 98502

    $900,000

    Four retail buildings in Puget Sound, ideal for various tenancies.

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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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    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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    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 77 Potential Opportunities for your consideration. Besides 11 Active listings in Olympia, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads, plus 1 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.

    Flexible Retail and Office Building
    Flexible Retail and Office Building

    510 Custer Way, Tumwater, WA 98501

    $999,000
    5,244 sqft · 0.28 AC lot

    Modern building with high-visibility frontage and flexible suite layout for retail or professional office use.

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    High-Visibility Retail/Office Building
    High-Visibility Retail/Office Building

    510 Custer Way SE, Tumwater, WA 98501

    $999,000

    Flexible multi-suite building with strong Custer Way frontage and on-site rear parking for owner-users or investors.

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    Retail Pad in Shopping Center
    Retail Pad in Shopping Center

    2515 Marvin Rd NE, Lacey, WA 98516

    $2,100,000

    Pad site in Britton Plaza Shopping Center offers zoning support for drive-up and rear loading uses.

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    Lacey Investment Opportunity: Leased Buildings
    Lacey Investment Opportunity: Leased Buildings

    8286 28th Ct, Lacey, WA 98516

    $4,995,000
    18,300 sqft · 1.72 AC lot

    Fully leased office/retail/flex buildings in Lacey's Hawks Prairie area.

    View details

    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.

    Prime PUD-Zoned Land Opportunity
    Prime PUD-Zoned Land Opportunity

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    900 sqft · 2.07 AC lot

    2.07 acres of PUD-zoned land in a growing corridor.

    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.

    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
    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

    $535,000
    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

    $1,025,000
    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

    $595,000
    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

    $890,000
    Estimated value
    3,904 sqft · 0.10 AC lot
    View details
    3430 Pacific Ave Sea-d
    RETAIL STORES (PERSONAL SERVICES)

    3430 Pacific Ave Sea-d, Olympia, WA 98501-2176

    $6,940,000
    Estimated value
    54,164 sqft · 1.31 AC lot
    View details

    Olympia, WA Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in Olympia, WA, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 111,769 square feet of properties for sale, with an estimated market value of $25,084,000.

    Sale prices for retail space in Olympia, WA start at $300,000, averaging $2,787,111, and reaching up to $6,750,000 — 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 9
    Shopping centers 8
    Showrooms 3
    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 $747.5K
    98501 $1.5M
    98506 $3.8M

    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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    • 98502
    • 98506
    • 98501

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