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$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.

$4,200,000
2562842 MLS ⋅ ACTIVE Status
Versatile 32,000 SF Office Building with Exceptional Access. This two story office building offers outstanding visibility, parking, and immediate access to I-5 North and Southbound, making it ideal for a wide range of commercial uses. Strategically located near the city center and the new City Hall, the property offers a high-profile presence. Previously utilized as a call center and home to a security business , the building is equipped with advanced security systems and specialized clean agent fire suppression, making it an excellent fit for data centers, telecom operations, or network infrastructure hubs. a portion of the ground floor features raised access flooring with modular panels, providing efficient and flexible cable management. The layout is easily demisable into four distinct separately leasable sections, Served by central elevator and grand central stairway.

4500 3rd Avenue SE, Lacey

Listing courtesy of RE/MAX Parkside Affiliates.

$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.

$145,000
2543617 MLS ⋅ ACTIVE Status
Turnkey Restaurant & Bar Opportunity in Growing Yelm! Skip the time, expense & red tape of starting from scratch. This established business has successfully served the community for 12 years and includes a coveted full liquor license and exceptionally low lease of just $2k per month. Currently operating as a pizzeria, the property's infrastructure, prime highway frontage, high visibility, and built-in bar make it ideal for a sports bar, taco concept, gastropub, trendy diner, brewery taproom or other restaurant venture. The facility features 3 revenue-generating spaces: a dining room (seats 38), intimate bar (seats 6) and outdoor patio w/firepits (seats 26) perfect for Pacific Northwest summers (total seating for 70). Additional amenities include fenced outdoor storage, dedicated fridge/freezer & food storage room, approx 120 sq ft basement storage and a customer restroom. Parking includes 8 paved spaces + wraparound gravel driveway. Busy nights can accommodate approximately 30 additional vehicles, with overflow parking available after the neighboring business closes. Located on a high-traffic highway in rapidly growing Yelm, the business hosts live music, open mic nights, paint-and-sip events, and more. Significant growth potential exists through expanded hours, breakfast service, catering, additional events, menu expansion, beer garden addition. A rare turnkey opportunity with established operations, valuable licensing, excellent visibility, and tremendous growth potential.

704 W Yelm Avenue, Yelm

Listing courtesy of Yelm Windermere.

$729,500
2531533 MLS ⋅ ACTIVE Status
Fresh price! Great location with prime exposure for your business venture. 97 feet of Yelm Avenue Road frontage. Level 1 acre lot with structures is zoned C-1. Main building is 2096 square feet. Connected to city water and private septic but city sewer is close at hand in front of property. Older home could be refurbished to accommodate your business needs, or you could tear it down and start fresh. What are your dreams? Yelm's upward growth is waiting for your business.

1512 Yelm Avenue W, Yelm

Listing courtesy of John L. Scott/Yelm.

$1,199,000
2533889 MLS ⋅ ACTIVE Status
This is a rare opportunity to own a unique property in Tumwater's Brewery District. The flexible space includes an industrial warehouse, a secure private parking garage, and retail or office frontage on Custer Way. The building is well-suited for a brewery, tap room, or small contractor. Rare combination of street-level retail with warehouse. Opportunities like this do not come up often.

502 Custer Way, Tumwater

Listing courtesy of Greene Commercial.

$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.

$999,000
2533851 MLS ⋅ ACTIVE Status
Remarkable opportunity in the heart of Tumwater's evolving Brewing District. This high-visibility retail/office building has great frontage exposure on high-traffic Custer Way. Abundant parking in the rear of the building offers maximum exposure. Modern construction and strong curb appeal. Building offers flexibility with multiple units/suites, creating opportunities for the savvy investor or owner/user. Don't miss this tremendous once-in-a-generation opportunity. The adjacent parcel is also listed for sale.

510 Custer Way, Tumwater

Listing courtesy of Greene Commercial.

$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.

$895,000
2523325 MLS ⋅ ACTIVE Status
Introducing prime commercial office building, nestled within a growing mixed-use district. Currently used as consulting and therapy offices this space offers a flexible use of space. Features 15 individual offices with lots of windows, multiple entrance points, restrooms, two conference rooms, front desk areas, full kitchen, plenty of parking & more! This property is a great value & an excellent opportunity for an owner user to occupy the building & rent the remainder or could be a good multi-tenant investment property. Located only 15 minutes to I-5 for easy access.

4520 Intelco Loop SE Unit #2, Lacey

Listing courtesy of John L. Scott, Inc..

$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.

$649,000
2504600 MLS ⋅ ACTIVE Status
HIGHWAY I-5 EXPOSURE in Great Tumwater location! General Commercial zoned .63 acres fully fenced 2,724SF well kept building with front portico entry! Great signage opportunity for I-5 exposure! Parking is very ample and building has handicap access. Retail or multi-family is possible in this quickly developing area!!! Tall Signage for I-5 exposure! Amazing long-term investment!!!

5737 Linderson Way SW, Tumwater

Listing courtesy of RE/MAX Parkside Affiliates.

$240,000
2493337 MLS ⋅ ACTIVE Status
You’re probably looking for a property that already has the essentials in place, something that doesn’t require major work but still gives you room to make it your own. This 0.13-acre corner lot already has utilities connected and has seen several recent updates, including a newer septic system, newer roof, fresh paint, and newer flooring. Currently home to a well-loved salon, the space is turnkey but still offers plenty of opportunity to bring your own vision to life. According to the City Planner, the property is mixed-use zoned, allowing for commercial, residential, or a combination of both. Located just off Highway 507, it also offers strong visibility and consistent foot and vehicle traffic. Would it be worth taking a closer look to see if this space could work for your next move?

108 Centre Street S, Rainier

Listing courtesy of Epique Realty.

$80,000
2475009 MLS ⋅ ACTIVE Status
High-Performance Nail Salon for Sale — Prime Lacey, Wa Location Investment Opportunity | Next to Starbucks and walking distance to St. Martin’s University. Fully remodeled nail salon in one of Lacey’s most coveted retail corridors. This turnkey business combines a luxury aesthetic with a proven financial track record. BusinessRate Best of 2025 Awards! Annual gross: $400,000+ | Monthly rent: $4000/month | Space: 1,700 sq ft | Staff: 4 full-time.

1110 College Street SE Unit #F, Lacey

Listing courtesy of Pellego, Inc..

$2,700,000
2469874 MLS ⋅ ACTIVE Status
Standalone Restaurant Building with Large Lot and Plenty of Parking! This full service restaurant building hosts a long term tenant with a long standing restaurant business. The floorplan features a large buffet area, multiple seating areas, including two different banquet areas capable of hosting large groups. Featuring multiple storage areas, large production kitchen, walk-in refrigerators, and walk-in deep freezer. Opportunity knocks.

5580 Martin Way E, Lacey

Listing courtesy of Commencement Bay Brokers LLC.

$495,000
2470682 MLS ⋅ ACTIVE Status
Prime Tenino Commercial location! High visibility on one of the business corners in the downtown, weekend activity thru downtown brings lots of business to the Tenino area. Stone building has over 3500 square feet and is currently configured into 3 separate units – can all be one again. High 15’ ceilings and hardwood floors. Plenty of windows on 2 sides - lots of light for retail, Commercial kitchen on left side, for café options. New HVAC on the right side ($23k value). New HVAC on the left unit by closing. Designated parking spaces plus plenty of street and public parking options. Walking distance to Tenino park and quarry pool. Subject to existing leases.

297 Sussex Avenue W, Tenino

Listing courtesy of Castle Realty Inc.

$2,550,000
2460951 MLS ⋅ ACTIVE Status
Excellent investment opportunity! This 2-story, freestanding mixed-use property is strategically located in the heart of Tumwater's Brewery District. Totaling 21,380 sq ft across 5 units, three are currently leased with additional space ready for tenants. Versatile zoning accommodates daycare, medical/dental, showroom, gym, brewery, restaurant, office, or retail uses. Second-floor storage adds flexibility. Outstanding parking and easy access to downtown, state office buildings, and I-5.

403 Cleveland Avenue SE, Tumwater

Listing courtesy of RE/MAX Town Center.

$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.

$1,400,000
2457717 MLS ⋅ ACTIVE Status
Great investment opportunity, 16 acres with I-5 frontage. Many possibilities with sewer and water in the street ready for development. Also has a nice home and shop that would be move in ready while you work with the county on development plans.

5945 Ivan Way SW, Rochester

Listing courtesy of Frank Dipola Realty.

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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