- For Sale $4,250,000
- Property Type Retail
- Property Size 15,765 SF
- Lot Size 0.78 Acre
- Cap Rate % 7.36
- NOI / YR $312,610.00
- # of Floors 3
- Building Class B
- Year Built 1984
- Year Renovated 2023
- Date Updated Jun 8, 2026
Description
Well located mixed-use building in the heart of Tumwater, across the street from Tumwater Safeway. Fully remodeled between 2019-2023. Features lots of light and northwest contemporary design. Strong tenant mix with several long-term leases in place.
Investment Highlights Fully renovated building in the heart of Tumwater’s Brewery District Up and coming revitalized commercial district Great access and visibility Ample parking Close to I-5 & downtown Olympia On bus line Fully Stabilized Strong Tenant Mix
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Prime Locations
Location
Located at 321 Cleveland Ave SE, Tumwater, WA 98501, this property is part of the Brewery neighborhood and Seattle market.
Prime Locations