- For Sale $1,300,000
- Property Type Retail
- Property Size 16,076 SF
- Lot Size 0.88 Acre
- Cap Rate % 7.92
- # of Floors 2
- Parking Spaces Avail. 66
- Parking Ratio 4.11 / 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1976
- Date Updated Apr 1, 2026
Description
Martin Way Retail Building For Sale
Investment Property on Martin Way – 87% Occupied with Income Stability and Growth Potential
Two-story office building on a high-visibility corner lot along Martin Way, featuring tall monument signage, ample parking, and an auxiliary parking lot for added convenience. Located just minutes from I-5 at Pacific Avenue Exit 107, this property offers excellent accessibility for tenants and visitors. Stabilized Rent income of $212,018.
Currently 87% occupied, the second floor is fully leased on long-term agreements, while the ground floor includes two tenants and one vacant office suite—ideal for an owner-user or additional leasing upside.
Partial seller financing is available, making this an attractive opportunity for investors seeking flexible terms.
The site is in the testing phase of a Department of Ecology cleanup (Site ID No. 15168) for PCE in soil/groundwater, with monitoring underway.
Highlights
- Ideally located on one of Olympia’s most traveled thoroughfares, the property sits at a signalized intersection with exceptional accessibility and outstanding visibility of the property and the high-profile signage.
- Easy Access
False
Contacts
The Rants Group
The Rants Group
