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JRJeff ReynoldsCompass · Seattle

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

Commercial Industrial
Type
1927
Year built
7,405 sq ft
Lot
262
Days on market

About this property

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.

Location & commute

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

Directions

Property details

Listing details

Listing number
#2455186
Listed
December 8, 2025
Days on market
262
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

    $1,595,000

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

$9,288

Principal & interest
$8,065
Property tax (est.)
$1,223

Assumes $319,000 down (20%), a $1,276,000 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 August 28, 2026 at 12:45 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.