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
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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
Listed
$1,800,000
December 8, 2025
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.
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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.