Downtown Olympia Homes with Good Building Condition

Downtown Olympia Homes with Good Building Condition

Welcome to Downtown Olympia, a charming and vibrant neighborhood located in the heart of Olympia, Washington. Known for its historic buildings, eclectic shops, and bustling atmosphere, this area offers a unique blend of urban convenience and small-town charm.

Downtown Olympia is a sought-after location for those looking to experience the best of city living in the beautiful Pacific Northwest. With a mix of residential and commercial properties, this neighborhood is perfect for individuals and families alike.

If you are in search of homes with good building conditions, Downtown Olympia has you covered. The well-maintained properties in this area offer not only quality construction but also a sense of history and character that is hard to find elsewhere.

Whether you are strolling along the waterfront, exploring local galleries and boutiques, or enjoying a meal at one of the many restaurants, Downtown Olympia has something for everyone. With its close-knit community and convenient access to amenities, it's no wonder that this neighborhood is a top choice for those looking to call Olympia home.

Come and discover all that Downtown Olympia has to offer - from beautiful homes to a lively atmosphere, this neighborhood has it all. Experience the best of city living in this charming corner of Washington State.

Newest Downtown Olympia Homes with Good Building Condition

$929,600
2562553 MLS ⋅ ACTIVE Status
Exceptional redevelopment and investment opportunity in the heart of Olympia. Ideally located just 6 minutes from the Washington State Capitol, this General Commercial-zoned property offers outstanding flexibility for a wide range of commercial, residential, and mixed-use possibilities. Situated on 0.24 acres, the property includes two separate buildings totaling over 5,500 square feet, making it ideal for an owner-user, investor, or developer seeking income-producing potential. The 936 SF cottage can function as a private residence, executive office, or administrative space and includes an additional 936 SF basement providing abundant storage or workspace. This versatile building also offers excellent potential for supplemental rental income. The larger 3,712 SF commercial building, formerly a fully operational veterinary clinic, features 2,104 SF on the main floor and 1,608 SF on the second level, complete with a vaulted flex space and full bathroom. The flexible floor plan lends itself to professional offices, medical or wellness uses, educational facilities, or creative workspaces. With General Commercial zoning, existing infrastructure, four on-site parking spaces plus ample street parking, and preliminary potential for conversion into multiple residential units (approximately 3-bedroom, 2-bedroom, and 1-bedroom configurations-buyer to verify), this property presents an exceptional opportunity for adaptive reuse or future redevelopment.

115 Eastside Street NE, Olympia

Listing courtesy of Morrison House Sotheby's Intl.

$1,595,000
2455186 MLS ⋅ ACTIVE Status
Here's your opportunity to own one of downtown Olympia's most recognizable historic commercial landmarks. Prominently located on a .17-acre corner lot across from City Hall and within Olympia's Historic Creative District, this 8,400 SF terra-cotta Gothic Revival influenced building offers exceptional character, visibility, and flexibility. Designed by renowned Olympia architect Joseph Wohleb and built by the historic Titus family, this architecturally significant property has served Olympia through multiple eras, including auto dealerships, retail, and most recently a successful restaurant/bar. Zoned Retail – Food Downtown Business, the property features approximately 6,136 SF of restaurant space, 1,200 SF of office, 1,064 SF of warehouse/storage, and an 812 SF private banquet/event room. Existing improvements include two walk-in coolers, commercial vent hoods, a Wood Stone wood-fired pizza oven, HVAC, fire protection, security systems, and established restaurant infrastructure. Beyond continued hospitality use, the property's flexible layout and landmark location provide excellent potential for adaptive reuse including creative office, retail, entertainment, event venue, brewery/tasting room, hospitality, or mixed-use concepts. A rare opportunity for an investor, owner-user, or visionary developer to acquire a signature downtown Olympia asset with historic significance and long-term potential.

520 4th Avenue E, Olympia

Listing courtesy of Century 21 Van Dorm Realty.

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