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JRJeff ReynoldsCompass · Seattle
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Listed by Curtis Gibson, Windermere Prof Partners

Commercial Industrial
Type
1948
Year built
0
Days on market

About this property

A unique opportunity for aviation enthusiasts and businesses alike! The Olympia Regional Airport offers substantial hangar space, dedicated office facilities, and room for multiple aircrafts. The expansive main hangar, currently leased to an aircraft mechanic, features two oversized hangar doors and enough room to accommodate four planes, plus ample outdoor aircraft parking.The other half of the building is currently configured as a flight school, complete with a welcoming lobby and reception area, lounge, updated kitchen & half bath, private offices, and an exam room as well as a flight simulation area. Additional storage space throughout adds even more functionality. Whether you are looking to expand an aviation business, house your aircraft collection, or simply enjoy being part of the aviation community, this property offers plenty of possibilities. The land is currently leased through the Port of Olympia with approximately 33 years remaining on the lease. Ample dedicated parking is available in front of the building and outside the runway area. Tenant occupied. Showings by appointment only.

Location & commute

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

Directions

Jeff's Neighborhood Guide

Get to know the Tumwater area

Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.

Property details

Listing details

Listing number
#2592514
Listed
October 9, 2026
Days on market
0

Parking

Total spaces
30

Construction

Year built
1948
Style
60 - Comm Bldg Und 10K
Structure
Unspecified
Roof
CompositionFlatMetal

Heating & cooling

Heating
Wall Furnace
Energy source
ElectricNatural Gas

Flooring

Flooring
ConcreteCarpet

Terms

Terms offered
Cash

Utilities

Water
Public
Sewer
Sewer Connected

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Unspecified
  • Composition
  • Flat
  • Metal
  • Wall Furnace
  • Electric
  • Natural Gas
  • Concrete
  • Carpet
  • Cash
  • Public
  • Sewer Connected

Listing history

  1. Listed

    $1,200,000

    October 9, 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

$6,988

Principal & interest
$6,068
Property tax (est.)
$920

Assumes $240,000 down (20%), a $960,000 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 October 9, 2026 at 4:45 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.