- For Sale $1,499,000
- Property Type Retail
- Lot Size 0.48 Acre
- # of Floors 2
- Year Built 1925
- Date Updated May 16, 2026
Description
This 13,657 SF building on 4th has so many possibilities. Currently there is a 4,900 SF show room with one restroom and two 1,200 SF storage areas in the back. Ballet NW leases the 6,000 SF that fronts on Jefferson until 5/27 for $76K per year (plus property tax and utilities). The seller is willing to divide the building into two spaces and will sell the front 4,900 SF on 4th plus the two 1,200 SF storage areas for $899,000. The 6,000 SF portion leased to NW Ballet on Jefferson can be purchased for $815,000. Seller has renderings for a new live-work plan for 5 units that would front on 4th Ave, Across the street from Well 80. 4,900 SF of retail space also available for lease for $10.00 NNN.
Highlights
- Age: Over 50 Years Old
- Lot Size: Under 1/2 Acre
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Contacts
Debbie Draper-Aikins
Coldwell Banker Evergreen Olympic Realty, Inc.
Location
Located at 509 4th Ave E, Olympia, WA 98501, this property is part of the Downtown Olympia neighborhood.
Contact Listing Broker
Debbie Draper-Aikins
Coldwell Banker Evergreen Olympic Realty, Inc.
