- For Lease $15.00/SF/YR
- Property Type Office - General Office
- Property Size 32,343 SF
- Lot Size 0.58 Acre
- Parking Spaces Avail. 48
- Parking Ratio 1.51 / 1,000 SF
- Property Tenancy Vacant
- Building Class C
- Year Built 1957
- Date Updated Jun 12, 2025
Reach out to the broker for more info on lease terms and amenities
True
Spaces Available
Full Building |
Premier commercial property in vibrant downtown Olympia.? Ideally situated at 521 Capitol Way, this high-profile site is now available for lease or sale with flexible terms.? Positioned on just over half an acre, this property offers stunning views of Capitol Lake and sits prominently on one of Olympia’s main thoroughfares.? With excellent visibility and high traffic exposure, it’s an ideal location for retail, office, or mixed-use development.? The building boasts ample on-site parking, a highly valuable feature in the downtown core, and offers easy access to nearby amenities, government buildings, and the waterfront.? Tenant improvements are negotiable for lease agreements, offering flexibility to customize the space to meet specific business needs.? |
Contacts
Location
Getting Around
-
Walk Score ®
86/100
Very Walkable
-
Transit Score ®
57/100
Good Transit
-
Bike Score ®
81/100
Very Bikeable
- City Olympia, WA
- Neighborhood Downtown Olympia
- Zip Code 98501
- Market Seattle
Points of Interest
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Capital Aeroporter Airport Shuttle
2.35 miles
-
Olympia-Lacey
6.24 miles
-
Fast Fuel
0.32 miles
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Marathon
0.45 miles
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Chevron
0.55 miles
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Blink
0.58 miles
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Shell
0.60 miles
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Texaco
1.16 miles
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bp pulse
1.46 miles
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arco
1.47 miles
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ChargePoint
1.59 miles
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Electrify America
1.63 miles
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Diamond - Park Here
0.21 miles
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Columbia Garage - State Employees
0.28 miles
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WSECU Employee Parking Garage
0.32 miles
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WA Health Care Authority Employee Parking
0.35 miles
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Truck Dock
0.35 miles
-
Health Care Authority Parking
0.39 miles
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HCA - Visitor (1)
0.40 miles
-
Customer
0.43 miles
-
HCA - Customer Parking (3)
0.45 miles
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Visitor Parking
0.49 miles
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The Governor Hotel, a Coast Hotel
0.06 miles
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Olympia Inn
0.21 miles
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Capitol Plaza Hotel
0.22 miles
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TownePlace Suites Olympia
0.24 miles
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Fertile Ground Guesthouse
0.26 miles
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Short Stay Lodgings
0.26 miles
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DoubleTree by Hilton Olympia
0.31 miles
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Ground Inn
0.40 miles
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Lighthouse Bungalow
0.90 miles
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Swantown Inn Bed and Breakfast
0.97 miles
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Basilico Ristorante
0.03 miles
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Pizzeria La Gitana
0.03 miles
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Asahi Sushi
0.03 miles
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Pho Na ( Saigon Rendezvous)
0.04 miles
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Happy Teriyak
0.04 miles
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Hotstone Authentic Korean Cuisine
0.04 miles
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5th Avenue Sandwich Shop
0.05 miles
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Garcon de Donburi
0.06 miles
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The Mark
0.09 miles
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Waterstreet Cafe
0.10 miles
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WSU Cooperative Extension Energy Program
0.46 miles
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Avanti High School
0.67 miles
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Madison Elementary School
0.74 miles
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Saint Michaels Catholic School
0.76 miles
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Garfield Elementary School
0.92 miles
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Lincoln Elementary School
0.96 miles
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Roosevelt Elementary School
1.21 miles
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Jefferson Middle School
1.44 miles
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Evergreen Christian School
1.47 miles
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Reeves Middle School
1.54 miles
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Play Space
1.46 miles
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Sound to Harbor Friendly Grove Center
2.15 miles
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Cadence Academy Preschool
3.14 miles
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Kindercare Lacey
3.63 miles
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Little Llamas Learning Center
5.86 miles
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Kiddie Academy
6.38 miles
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Tutor Time
6.47 miles
Frequently Asked Questions
The price for office space here is $15.00/SF/YR.
In total, there is 32,343 square feet of office space for lease here. Availability at this location includes 1 Office space. The property offers Vacant commercial space.
Yes, availabilities here could accommodate larger businesses with 1 office space larger than 10,000 square feet available for lease. For a better understanding of how this space could work for you, reach out to schedule a tour.
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
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