Refine Search
Sort by
$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.

$575,000
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.

$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.

$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.

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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.