Listed by Hyun Rim, Keller Williams South Sound
- Commercial Industrial
- Type
- 1976
- Year built
- 38,188 sq ft
- Lot
- 0
- Days on market
About this property
Discover a rare investment opportunity with this versatile 16,076 SF two-story office building, ideally positioned on a high-visibility corner lot with prime commercial arterial frontage. The property offers convenient access to I-5 (both northbound and southbound), abundant on-site parking, and strong street exposure—making it a compelling choice for a wide range of commercial users. The flexible floor plan is well-suited for conversion into a realtor's office, professional suites for legal or accounting practices, or similar business uses. Currently, three of the six office units are leased, providing immediate income with room for lease-up upside. The building also features two full kitchens and two restrooms, adding practical value for tenants. This is an excellent opportunity for investors seeking a stable, income-producing asset with strong long-term appreciation potential in a highly desirable location. Opportunity knocks—schedule your tour today.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2571859
- Listed
- August 26, 2026
- Days on market
- 0
Parking
- Total spaces
- 62
Construction
- Year built
- 1976
- Style
- 61 - Comm Bldg Ovr 10K
- Structure
- Unspecified
- Roof
- Flat
Heating & cooling
- Heating
- Heat Pump
- Cooling
- Heat Pump
- Energy source
- ElectricNatural Gas
Flooring
- Flooring
- LaminateVinylCarpet
Lot
- Lot size
- 38,188 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- City of Olympia
- Sewer
- City of Olympia
- Power
- Puget Sound Energy
What stands out to you?
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- Unspecified
- Flat
- Heat Pump
- Electric
- Natural Gas
- Laminate
- Vinyl
- Carpet
- Cash
- Conventional
Listing history
Listed
$2,500,000
August 26, 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
$14,558
- Principal & interest
- $12,641
- Property tax (est.)
- $1,917
Assumes $500,000 down (20%), a $2,000,000 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 August 26, 2026 at 4:00 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.