Olympia Commercial Real Estate Search

Olympia WA Commercial Properties for Sale

Our website features the best real estate search for commercial, industrial, retail, land and business opportunity properties available in Olympia and surrounding areas.

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Newest Olympia Commercial Properties for Sale

$449,000
2568089 MLS ⋅ ACTIVE Status
Amazing opportunity to own a historic commercial property located in a highly desirable location in the heart of Olympia! This property offers so many different possibilities with an expansive layout including 3 separate spaces for offices on the main floor and a bonus space upstairs. This property also includes off street parking always a plus for clients! With high visibility for advertising this historic bungalow is a must see!

1625 4th Avenue E, Olympia

Listing courtesy of BHGRE - Northwest Home Team.

$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.

$750,000
2559370 MLS ⋅ ACTIVE Status
Experience a bite of Old Olympia when you own this classic piece of Olympia's storied history! The Rudkin home is on the local Historic Register. Dazzling curb appeal and splendid views of the Capitol Dome, the Black Hills, and the Olympics! Largely level lot with the room to expand your business profile by buying the vacant lot contiguous to the east. Oozing with nuances of Old World charm. So conveniently close to all amenities!

1005 Olympia Avenue NE, Olympia

Listing courtesy of Virgil Adams Real Estate, Inc..

$425,000
2555576 MLS ⋅ ACTIVE Status
Exceptional opportunity to purchase both the building space and an established restaurant business in a prime Lacey location. This well-known teriyaki restaurant has successfully served the community for over 20 years and enjoys a strong local reputation. The 1,200 SF building is fully equipped with a commercial kitchen, Type I hood system, walk-in refrigerator, and all the essential equipment for immediate operation. Continue the existing business or bring your own restaurant concept to this turnkey space. Ample on-site parking, excellent visibility, and easy access to I-5, JBLM, and the Martin Way corridor provide outstanding exposure and customer convenience. Ideal for dine-in, takeout, and delivery operations. Motivated seller—don't miss this excellent investment opportunity!

9323 Martin Way E Unit ##110, Olympia

Listing courtesy of Keller Williams South Sound.

$549,000
2556969 MLS ⋅ ACTIVE Status
Exceptional Mixed-Use Opportunity in Olympia's Desirable Eastside with 2 property addresses and power meters allowing numerous opportunities for this one of a kind property. Owner financing! Discover a rare property featuring two separate buildings with individual addresses on a 7,000-square-foot lot, offering outstanding flexibility for owner-users, investors, or entrepreneurs. The front building is an attractive, approximately 900-square-foot Craftsman-style office that was extensively updated around 1995 with new electrical, plumbing, and HVAC. A full basement provides valuable storage or additional workspace while preserving the building's classic character. Built in 2001, the rear building combines approximately 850 square feet of living space with a spacious 22' x 25' garage/warehouse featuring 12-foot ceilings and an oversized 11' high by 12' wide overhead door. Ideal for contractors, hobbyists, small businesses, or secure RV and equipment storage, the versatile shop space is a standout feature. The dual-building layout creates endless possibilities, including a live/work setup, professional office with warehouse, rental income, or investment opportunity. Conveniently located just minutes from downtown Olympia, the Capitol Campus, I-5, shopping, dining, and waterfront amenities, this is a truly unique property with exceptional versatility. Opportunities like this are rarely available—don't miss your chance to own one of Olympia's most distinctive mixed-use properties.

1806 4th Avenue E, Olympia

Listing courtesy of Hayden Outdoors LLC.

$2,200,000
2550358 MLS ⋅ ACTIVE Status
Exceptional investment opportunity in the heart of Downtown Olympia's Creative District. This historic mixed-use commercial building is occupied with eight established tenants, providing a diversified income stream from street-level retail, artist lofts, music studios, and office space. Located on the prominent corner of 4th Avenue and Franklin Street, the property offers approximately 180 feet of high-visibility frontage with strong pedestrian and vehicle traffic, metered street parking, and a public parking lot directly across the street. Less than one mile from the Washington State Capitol Campus, the property benefits from a strong daytime workforce, surrounding restaurants, retail, entertainment, and continued downtown revitalization. Situated within a federally designated Opportunity Zone, this asset offers potential tax advantages for qualified investors and significant long-term upside through rental growth, capital improvements, repositioning, or future redevelopment, subject to buyer verification.The established tenant mix has created a vibrant destination within Downtown Olympia while providing stable occupancy and consistent cash flow. A rare opportunity to acquire a well-positioned commercial asset with exceptional visibility, strong in-place income, and outstanding long-term investment potential in one of Olympia's premier commercial corridors. Ideal for investors seeking a stable asset with future appreciation potential in a highly desirable downtown location.

302 304 4th Avenue E, Olympia

Listing courtesy of John L. Scott, Inc.

$540,000
2533383 MLS ⋅ ACTIVE Status
High-visibility Pacific Ave commercial opportunity with strong future upside. Situated along one of Olympia’s primary commercial corridors, this HDC-4 zoned property offers exceptional frontage, traffic exposure, and long-term redevelopment potential. Existing 2,621 SF structure sits on a 6,534 SF parcel and is ready for a full renovation, creating an opportunity for an owner-user or investor to reimagine the site for office, retail, service-based business, or future redevelopment possibilities. Prime corridor positioning with easy access to I-5, downtown Olympia, and surrounding retail/services. Opportunities to secure Pacific Ave frontage at this price point are becoming increasingly rare. Buyer to verify intended use with City of Olympia.

3523 Pacific Avenue SE, Olympia

Listing courtesy of Van Dorm Realty, Inc.

$1,300,000
2530142 MLS ⋅ PENDING FEASIBILITY Status
Turnkey automotive repair and maintenance center in a prime Tumwater, Washington location with high traffic, strong visibility, and easy access. This highly profitable, amply equipped business is fully operational and ready to generate immediate cash flow. The facility includes multiple bays, high ceilings, heavy-duty lifts, diagnostic and repair equipment, specialty tools, a reception area, private office, and secure parking for multiple vehicles. Skilled technicians are willing to stay, providing valuable continuity for a new owner. The business also includes a loyal repeat customer base and offers room for growth through extended hours, additional fleet accounts, or expanded specialty services.

10430 Case Road SW, Olympia

Listing courtesy of Northfork Realty.

$399,000
2528423 MLS ⋅ ACTIVE Status
This well maintained professional complex of 15 units is conveniently located off of Evergreen Park Dr. SW with great freeway access. A-102 has 4 large private offices/treatment rooms, one larger conference room, large reception and office area. Sink in suite with restrooms shared by two other offices.

2401 Bristol Court SW Unit #A-102, Olympia

Listing courtesy of Coldwell Banker Evergreen.

$445,000
2522222 MLS ⋅ ACTIVE Status
Unlock the potential of this uniquely positioned commercial property in the heart of Olympia! Zoned HDC-4 per the City of Olympia, this property offers a wide range of development opportunities including multi-family, office, retail, mixed-use, and more. Situated between Pacific Ave and Martin Way, this location offers excellent visibility and accessibility for your next investment venture. Minutes from I-5. Existing home structure was originally built in 1901 and relocated to the property in 1964. The structure has sustained fire damage and is currently not habitable, presenting an opportunity to rehabilitate, repurpose, or redevelop utilizing the existing footprint. Bring your vision and creativity to this versatile property with endless possibilities. Buyer to verify all information and development potential to their own satisfaction. Bring your agent and check out this investment property.

509 Dehart Drive SE, Olympia

Listing courtesy of Northfork Realty.

$4,500,000
2521649 MLS ⋅ ACTIVE Status
Commercial buildings and business offering.

Olympia

Listing courtesy of Keller Williams South Sound.

$736,000
2518287 MLS ⋅ ACTIVE Status
Prime Downtown Investment Opportunity – Fully Leased Retail with Rare On-Site Parking Located in the heart of downtown Olympia, this fully renovated mixed-use retail property presents a rare opportunity for investors seeking stable cash flow and long-term upside (Great CAP Rate). This 2000+ SF building features two fully leased retail storefronts, generating consistent income with strong tenant demand in a high-visibility location. Recent upgrades include a brand-new roof and interior renovations, significantly reducing near-term capital expenditures and enhancing tenant appeal. Ideal for investors seeking a turnkey, income-producing asset with both stability and future appreciation potential.

Olympia

Listing courtesy of WeLakeside.

$3,695,000
2503213 MLS ⋅ ACTIVE Status
These two buildings were built in 2006. 3910 is 8,265 sq ft and is fully leased to civil engineers and dental clinic. 3912 has 8,447 sq ft and will be vacant at closing. This building is currently in 4 suites that can be combined. 3912 can also be sold separately for $1,695,000 after a lot split and will have 40 parking spaces.

3910 3912 Martin Way Way E, Olympia

Listing courtesy of Coldwell Banker Evergreen.

$1,695,000
2503222 MLS ⋅ ACTIVE Status
This building is currently in 4 suites but could easily be combined. The Suites are currently: 3,022,2155 &2512 & 758 sf. The building will be vacant at closing. A lot split for this building from 3910 will result in 42 parking stalls. 3910 and 3912 are currently on the market for $3,695,000 3910 has leases in place. Utilize 3912 for owner for owner user and 3910 for investment property.

3912 Martin Way E, Olympia

Listing courtesy of Coldwell Banker Evergreen.

$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.

$1,175,000
2455211 MLS ⋅ ACTIVE Status
Prime downtown Olympia location! This 5,867 SF steel-reinforced concrete building (built in 1920) sits on a 0.14-acre lot and has over 25 years of successful restaurant history. Zoned Retail-Food Downtown Business, the building features large street and alley facing windows, a flexible 50/50 dining and bar layout with skylit dining area with remote solar shades. The large kitchen features two vent hoods, dishwasher area with room for walk-in cooler. The spacious bar with alley facing widows, beverage center and ice bin room. There's a private banquet/VIP room in back with separate alley side entrance. Two HVAC systems and security system. Excellent owner-user or investment opportunity in a high-traffic, established hospitality corridor.

112 Cherry Street NE, Olympia

Listing courtesy of Van Dorm Realty, Inc.

$1,825,000
2458206 MLS ⋅ ACTIVE Status
First time on the market in 21 years! The 4th Ave Tav. has 5400 square feet on the main floor with large bar, commercial kitchen, and plenty of room for pool tables, live music and dancing. Upstairs there are 12 apartments that currently rent for $11,365 per month. Rents range from $650.00 to $1400.00 and 8 tenants are month to month, other 4 expire in 2026. Apartments viewed with accepted offer. Tavern is closed on Monday. Give Debbie a call to tell her you plan on showing. Best time is between 11:30 and 2:30 if possible.

210 4th Avenue E, Olympia

Listing courtesy of Coldwell Banker Evergreen.

$995,000
2456143 MLS ⋅ ACTIVE Status
First time on the market for sale! What a great location at the corner of 5th and Capitol in downtown Olympia. 7072 sq ft on the main floor and 1600 sf ft upstairs. Current tenants are Escape Puzzle Room, Harlequin Productions and Super Silver Jewelry store. Tenants are month to month. New HVAC.

501 S Capitol Way, Olympia

Listing courtesy of Coldwell Banker Evergreen.

$1,199,000
2429172 MLS ⋅ ACTIVE Status
DOWNTOWN CORE - MIXED USE on Great Downtown Street!!! INCOME from 7 Apartments (all rented...!), $6,600/monthly!. Street Retail (6,000sf) with existing booths, kitchen, hood, Bar...!! Other great Retail Uses possible!!! Streetside Frontage with great Signage, tall ceilings and separate entrances for upper floor Apartments. [Tenants require 90 day notice for vacating during any sale].

213 4th Avenue E, Olympia

Listing courtesy of RE/MAX Parkside Affiliates.

$499,900
2396556 MLS ⋅ ACTIVE Status
THIS is the opportunity you have been waiting for!!! Refresh this charming piece of history and be your own boss! Central location between East Olympia and Yelm. THREE TOTAL PARCELS equals just over a half acre lot! Currently has propane sales and busy convenience store. Perfect opportunity to add gas pumps. Commercial Kitchen! Upstairs of the building has rental/living potential. So much to offer! Buyer to verify all information.

8245 Rich Road, Olympia

Listing courtesy of eXp Realty.

$499,900
2396270 MLS ⋅ ACTIVE Status
THIS is the opportunity you have been waiting for!!! Refresh this charming piece of history and be your own boss! Central location between East Olympia and Yelm. THREE TOTAL PARCELS equals just over a half acre lot! Currently has propane sales and busy convenience store. Perfect opportunity to add gas pumps. Commercial Kitchen! Upstairs of the building has rental/living potential. So much to offer! Buyer to verify all information.

8245 Rich Road, Olympia

Listing courtesy of eXp Realty.

$1,475,000
2327855 MLS ⋅ ACTIVE Status
This 13,657 SF building on 4th has so many possibilities. Currently there is a 4900sq ft show room with one restroom and two 1200sq ft storage areas in the back. Ballet NW leases the 6,000 SF that fronts on Jefferson until 5/27 for $76K per year (plus property tax and utilities). Seller has renderings for a new live-work plan for 5 units that would front on 4th Ave, Across the street from Well 80. See Attachment for drawings. 4900 sq ft of retail space also available for lease for $12.00 NNN.

509 4th Avenue E, Olympia

Listing courtesy of Coldwell Banker Evergreen.

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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