Skip to content
JRJeff ReynoldsCompass · Seattle

Listed by Michael T. Smith, Century 21 Van Dorm Realty

Commercial Industrial
Type
1927
Year built
7,405 sq ft
Lot
308
Days on market

About this property

ICONIC DOWNTOWN OLYMPIA LANDMARK — OWNER-USER / ADAPTIVE REUSE OPPORTUNITY Own one of downtown Olympia's most recognizable historic commercial landmarks. Prominently located on a .17-acre corner lot directly across from City Hall, within Olympia's Historic Creative District and a federally designated Opportunity Zone, 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, the building has served Olympia through multiple eras, including auto dealerships, retail, and most recently a restaurant/bar. The flexible layout includes approximately 6,136 SF of restaurant/hospitality 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 substantial restaurant infrastructure. Beyond hospitality use, the property offers potential for creative office, retail, entertainment, events, brewery/tasting room, hospitality, showroom, or other adaptive-reuse concepts, subject to applicable approvals. A rare opportunity for an owner-user, investor, hospitality operator, or developer to acquire a signature piece of downtown Olympia history with significant long-term potential.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Jeff's Neighborhood Guide

Get to know the Olympia North area

Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.

Property details

Listing details

Listing number
#2455186
Listed
December 8, 2025
Days on market
308
Original list price
$1,800,000

Construction

Year built
1927
Style
60 - Comm Bldg Und 10K
Structure
Unspecified
Roof
CompositionTorch Down

Heating & cooling

Heating
Forced AirHeat Pump
Cooling
Central AirForced AirHeat Pump
Energy source
ElectricNatural Gas

Flooring

Flooring
Ceramic TileConcreteSoftwoodVinylVinyl Plank

Lot

Lot size
7,405 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
City of Olympia
Sewer
City of Olympia
Power
PSE

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Unspecified
  • Composition
  • Torch Down
  • Forced Air
  • Heat Pump
  • Central Air
  • Electric
  • Natural Gas
  • Ceramic Tile
  • Concrete
  • Softwood
  • Vinyl

Listing history

  1. Listed

    $1,800,000

    December 8, 2025

  2. Current price

    $1,495,000

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$8,706

Principal & interest
$7,560
Property tax (est.)
$1,146

Assumes $299,000 down (20%), a $1,196,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of October 12, 2026 at 10:15 AM PDT. 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.