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JRJeff ReynoldsCompass · Seattle

Listed by Ashley Larson, Northfork Realty

Commercial Industrial
Type
1901
Year built
7,405 sq ft
Lot
62
Days on market

About this property

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.

Location & commute

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Directions

Property details

Listing details

Listing number
#2522222
Listed
May 12, 2026
Days on market
62

Construction

Year built
1901
Style
60 - Comm Bldg Und 10K
Structure
Unspecified

Heating & cooling

Energy source
Electric

Lot

Lot size
7,405 sq ft

Terms

Terms offered
Cash

Utilities

Water
City of Olympia
Sewer
City of Olympia
Power
PSE

What stands out to you?

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  • Unspecified
  • Electric
  • Cash

Listing history

  1. Listed

    $445,000

    May 12, 2026

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

$2,591

Principal & interest
$2,250
Property tax (est.)
$341

Assumes $89,000 down (20%), a $356,000 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.