Olympia Washington Real Estate

Olympia WA Homes and Properties for Sale

$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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Are you looking for a vibrant city that seamlessly blends natural beauty, cultural richness, and a welcoming community? Look no further than Olympia, WA! The state capital of Washington, Olympia offers residents a captivating blend of historic charm, scenic landscapes, and a thriving arts and cultural scene. We will explore the real estate market in Olympia, highlighting its attractions and unique features that make it an ideal destination for real estate buyers seeking a remarkable city living experience.

Rich History and Heritage:

Olympia is steeped in rich history and heritage, with its roots dating back to the mid-19th century. The city boasts a well-preserved historic district, featuring Victorian-era architecture and charming storefronts. Residents can immerse themselves in the city's past by exploring museums, historic sites, and participating in local events that celebrate Olympia's cultural legacy.

Natural Beauty and Outdoor Recreation:

Nestled on the southern tip of the Puget Sound, Olympia is surrounded by breathtaking natural beauty. The city features stunning waterfront vistas, scenic parks, and numerous trails for hiking, biking, and exploring. Residents can enjoy boating, kayaking, and paddleboarding on the Puget Sound or take a short drive to nearby outdoor destinations like Capitol State Forest or Nisqually National Wildlife Refuge.

Thriving Arts and Cultural Scene:

Olympia is renowned for its thriving arts and cultural scene, offering residents a diverse range of galleries, theaters, music venues, and festivals. The city is home to the Washington Center for the Performing Arts, which hosts a variety of performances and cultural events throughout the year. Residents can indulge in a vibrant arts and entertainment scene right in their own backyard.

Welcoming Community:

Olympia is known for its welcoming and inclusive community, where residents embrace a strong sense of civic engagement and environmental stewardship. The city hosts community events, farmers markets, and festivals, fostering connections and a spirit of togetherness. Olympia's friendly and diverse community creates an inviting and supportive atmosphere for residents.

Varied Housing Options:

Olympia's real estate market offers a wide range of housing options to suit different preferences and budgets. Whether you're seeking a historic home in the downtown district, a modern condominium with city views, or a family-friendly suburban neighborhood, Olympia has options that cater to various lifestyles. Find your dream home amidst the charm and diversity of Olympia.

Conclusion:

Olympia, WA, offers a remarkable city living experience for real estate buyers seeking a blend of history, natural beauty, cultural richness, and a welcoming community. With its rich history, natural beauty, thriving arts scene, welcoming community, and diverse housing options, Olympia presents an ideal destination for those looking to embrace the charm and vibrancy of the state capital.

Olympia is the capital of Washington state and the county seat of Thurston County. The city is located on the southern end of Puget Sound, about 60 miles west of Seattle and 30 miles from Tacoma.

Olympia is a small city with a population of about 56,000 people. The city is home to a number of government offices, including the state capitol building. Olympia is also home to a number of colleges and universities, including The Evergreen State College and Saint Martin's University.

The cost of living in Olympia is relatively affordable. The median home value in Olympia is $507,000 as of 2023. The median household income in Olympia is $84,000.

Olympia is a great place to live for those who want to be close to nature. There are many opportunities for hiking, biking, and camping in the area. Olympia is also a great place to live for those who want to be close to the water. The city is located on Puget Sound, and there are many opportunities for fishing, boating, and swimming on multi lakefront communities.

If you are looking for a home in Olympia, there are a few things you should keep in mind. First, the city is very popular, so homes tend to sell quickly. Second, the cost of living in Olympia is relatively high.

Overall, Olympia is a great place to live for those who want to be close to both city and nature. The city is located close to a number of amenities and attractions, but it also has a number of parks and recreation areas. Olympia is also a great place to live for those who want to be close to schools and colleges.

If you're considering a purchase or sale of an Olympia WA home, investing in multifamily real estate, looking for a vacation property on the water, looking to build on vacant land or need assistance otherwise I'm very well versed on Olympia WA real estate.