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JRJeff ReynoldsCompass · Seattle

Listed by Michael T. Smith, Van Dorm Realty, Inc

Commercial Industrial
Type
1920
Year built
6,098 sq ft
Lot
217
Days on market

About this property

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.

Location & commute

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

Directions

Property details

Listing details

Listing number
#2455211
Listed
December 8, 2025
Days on market
217
Original list price
$1,300,000

Construction

Year built
1920
Style
60 - Comm Bldg Und 10K
Structure
Unspecified
Roof
CompositionTorch Down

Heating & cooling

Heating
Forced Air
Cooling
Central Air
Energy source
ElectricNatural Gas

Flooring

Flooring
Ceramic TileConcreteVinyl

Lot

Lot size
6,098 sq ft

Terms

Terms offered
CashLease Purchase

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
  • Central Air
  • Electric
  • Natural Gas
  • Ceramic Tile
  • Concrete
  • Vinyl
  • Cash
  • Lease Purchase

Listing history

  1. Listed

    $1,300,000

    December 8, 2025

  2. Current price

    $1,175,000

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

$6,842

Principal & interest
$5,941
Property tax (est.)
$901

Assumes $235,000 down (20%), a $940,000 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 July 13, 2026 at 10:45 PM 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.