Tumwater, WA
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    Tumwater, WA Retail Space for Sale

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    Olympia, WA Lacey, WA Tenino, WA
    High-Visibility Retail Redevelopment Opportunity
    $11,000,000

    High-Visibility Retail Redevelopment Opportunity

    5203 Capitol Boulevard South, Tumwater, WA 98501

    Infill retail asset with redevelopment potential in active commercial corridor.

    • High‑visibility location with strong frontage on Capitol Boulevard and visibility from I‑5.
    • Immediate access to I‑5 via the Trosper Road interchange.
    • In‑place income from national tenants including Dollar Tree, O’Reilly’s Auto, Taco Bell, and Jack‑in‑the‑Box.
    • Significant redevelopment upside through vacancy lease‑up, repositioning, and site optimization.
    • Zoning (CBC) supports a range of retail or mixed‑use outcomes.
    Updated: May 14
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    Retail Pads Off I-5
    $1,742,400

    Retail Pads Off I-5

    1850 Tumwater Boulevard SW, Tumwater, WA 98512

    Retail pads available near major retailers and high-traffic areas.

    • Located just off Hwy I‑5 (Exit 101).
    • Preliminary Plat underway.
    • All utilities to pad, rough grading, and frontage improvements are included.
    • High‑traffic area with nearby Costco, Home Depot, and Walmart.
    • Tyee Drive will be extended as a 5‑lane road from Israel Rd to Tumwater Blvd.
    Updated: Nov 18, 2025
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    Based on your search, we've compiled 59 Potential Opportunities for your consideration. Besides 2 Active listings in Tumwater, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 52 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.

    Versatile Building with Redevelopment Potential
    $1,499,000
    13,657 SF

    Versatile Building with Redevelopment Potential

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

    509 E 4th Avenue, Olympia, WA 98501
    View details
    Tractor Supply Co. Investment Property
    $10,338,000
    23,486 SF

    Tractor Supply Co. Investment Property

    NN leased Tractor Supply Co. in Yelm, Washington.

    10616 Bald Hill Rd SE, Yelm, WA 98597
    View details
    Retail Space Near Highway 101
    $6,750,000
    18,000 SF

    Retail Space Near Highway 101

    Retail space with highway visibility and tenant improvement packages.

    2404-2411 Chandler Ct SW, Olympia, WA
    View details
    Leased Retail Space For Sale
    $1,825,000
    6,306 SF

    Leased Retail Space For Sale

    Fully leased retail space with strong pride of ownership.

    514 E Yelm Ave, Yelm, WA 98597
    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
    $1,599,000
    900 SF

    Prime PUD-Zoned Land Opportunity

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

    3229 State Road 207, Elkton, FL 32033
    View details

    Off-Market Properties in Tumwater, WA

    Consider similar Off-Market properties in Tumwater, 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.

    6528 Capitol SE Blvd
    RETAIL STORES (PERSONAL SERVICES)
    7,500 SF Lot: 0.55 Acres

    6528 Capitol SE Blvd, Tumwater, WA 98501-5594

    View details
    415 Cleveland SE Ave
    RETAIL STORES (PERSONAL SERVICES)
    1,332 SF Lot: 0.32 Acres
    Value Estimation by Request

    415 Cleveland SE Ave, Tumwater, WA 98501-3311

    View details
    1222 2nd SW Ave
    RETAIL STORES (PERSONAL SERVICES)
    4,954 SF Lot: 0.28 Acres
    Estimated value
    $1,040,000

    1222 2nd SW Ave, Tumwater, WA 98512-6907

    View details
    Tumwater, WA 98501
    RETAIL STORES (PERSONAL SERVICES)
    1,148 SF Lot: 0.46 Acres
    Value Estimation by Request

    Tumwater, WA 98501

    View details
    5109 Capitol SW Blvd
    RETAIL STORES (PERSONAL SERVICES)
    Lot: 0.18 Acres
    Estimated value
    $3,750,000

    5109 Capitol SW Blvd, Tumwater, WA 98501-4463

    View details
    5111 Capitol SW Blvd
    RETAIL STORES (PERSONAL SERVICES)
    Lot: 0.36 Acres
    Estimated value
    $3,755,000

    5111 Capitol SW Blvd, Tumwater, WA 98501-4415

    View details
    5105 Capitol SW Blvd
    RETAIL STORES (PERSONAL SERVICES)
    4,072 SF Lot: 0.29 Acres
    Estimated value
    $3,735,000

    5105 Capitol SW Blvd, Tumwater, WA 98501-4475

    View details
    5109 Capitol SW Blvd
    RETAIL STORES (PERSONAL SERVICES)
    9,646 SF Lot: 0.23 Acres
    Estimated value
    $3,740,000

    5109 Capitol SW Blvd, Tumwater, WA 98501-4463

    View details
    131 2nd SW Ave
    RETAIL STORES (PERSONAL SERVICES)
    867 SF Lot: 0.17 Acres
    Value Estimation by Request

    131 2nd SW Ave, Tumwater, WA 98512-6502

    View details
    5407 Capitol SW Blvd
    RETAIL STORES (PERSONAL SERVICES)
    5,423 SF Lot: 1.19 Acres
    Estimated value
    $795,000

    5407 Capitol SW Blvd, Tumwater, WA 98501-4422

    View details
    300 Cleveland SE Ave
    RETAIL STORES (PERSONAL SERVICES)
    2,896 SF Lot: 0.45 Acres
    Estimated value
    $560,000

    300 Cleveland SE Ave, Tumwater, WA 98501-3310

    View details
    201 Lee SW St
    RETAIL STORES (PERSONAL SERVICES)
    4,400 SF Lot: 0.33 Acres
    Estimated value
    $795,000

    201 Lee SW St, Tumwater, WA 98501-4404

    View details
    5765 Littlerock SW Rd
    RETAIL STORES (PERSONAL SERVICES)
    12,814 SF Lot: 1.27 Acres
    Estimated value
    $3,985,000

    5765 Littlerock SW Rd, Tumwater, WA 98512-7311

    View details
    6200 Capitol SE Blvd
    RETAIL STORES (PERSONAL SERVICES)
    8,346 SF Lot: 0.80 Acres
    Estimated value
    $1,000,000

    6200 Capitol SE Blvd, Tumwater, WA 98501-5288

    View details
    702 Trosper SW Rd
    RETAIL STORES (PERSONAL SERVICES)
    14,244 SF Lot: 1.29 Acres
    Estimated value
    $8,360,000

    702 Trosper SW Rd, Tumwater, WA 98512-6934

    View details
    6301 Capitol SW Blvd
    RETAIL STORES (PERSONAL SERVICES)
    7,150 SF Lot: 0.79 Acres
    Estimated value
    $530,000

    6301 Capitol SW Blvd, Tumwater, WA 98501-5204

    View details
    6135 Capitol SW Blvd
    RETAIL STORES (PERSONAL SERVICES)
    3,552 SF Lot: 0.38 Acres
    Estimated value
    $500,000

    6135 Capitol SW Blvd, Tumwater, WA 98501-5270

    View details
    5203 Capitol SW Blvd
    RETAIL STORES (PERSONAL SERVICES)
    13,038 SF Lot: 1.56 Acres
    Estimated value
    $1,745,000

    5203 Capitol SW Blvd, Tumwater, WA 98501-4418

    View details
    8406 Old Hwy 99th SE
    RETAIL STORES (PERSONAL SERVICES)
    168 SF Lot: 1.06 Acres
    Value Estimation by Request

    8406 Old Hwy 99th SE, Tumwater, WA 98501-5737

    View details
    5164 Capitol SE Blvd
    RETAIL STORES (PERSONAL SERVICES)
    7,603 SF Lot: 1.27 Acres
    Estimated value
    $1,395,000

    5164 Capitol SE Blvd, Tumwater, WA 98501-4442

    View details
    5178 Capitol SE Blvd
    RETAIL STORES (PERSONAL SERVICES)
    4,550 SF Lot: 0.45 Acres
    Estimated value
    $790,000

    5178 Capitol SE Blvd, Tumwater, WA 98501-4442

    View details
    4800 Capitol SE Blvd
    RETAIL STORES (PERSONAL SERVICES)
    4,378 SF Lot: 0.25 Acres
    Estimated value
    $515,000

    4800 Capitol SE Blvd, Tumwater, WA 98501-4464

    View details

    Tumwater, WA Retail Space Investment Opportunities Market Analysis

    Explore 54 retail space for sale in Tumwater, WA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $12,742,400.

    Sale prices for retail space in Tumwater, WA start at $1,742,400, averaging $6,371,200, and reaching up to $11,000,000 — 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

    Shopping centers 4
    Showrooms 1
    Storefront properties 1

    Property Size Breakdown

    The majority of commercial real estate listings in Tumwater fall within the 25,000 to 50,000 square foot range.

    Demographics Overview

    Population 78K
    Population Growth (5Y) +9.0%
    Median Household Income $94,912
    College Educated 39.2%

    High-Yield Neighborhoods for Investment

    Identify Tumwater submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    Olympia - 98512 $1.7M
    Olympia - 98501 $11M

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