Back to search
509 4th Avenue E Olympia, WA $ 1,650,000
Share Save
$ 1,650,000 Get more info
509 4th Avenue E
$ 1,650,000
Back to search
Share Save

509 4th Avenue E

Olympia, WA, 98501
$ 1,650,000
Bedrooms-- Baths--

Monthly Estimate*

$ 10,294

Listed by Coldwell Banker Evergreen
509 4th Avenue E, Olympia, WA 98501 - Image 1

Commercial Property for sale in Olympia, WA

for $1,650,000. This building was built in 1925 on a lot size of 0.3161.

This 13,657 SF building on 4th has so many possibilities. Currently there is a 4900sq ft show room with one restroom and two 1200sq ft 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 4900 SF on 4th plus the two 1200sq ft storage areas for $899,000. The 6000 sq ft 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. See Attachment for drawings. 4900 sq ft of retail space also available for lease for $12.00 NNN.

See more
Commercial Active

Price

$ 1,650,000

Property Type

Commercial

Taxes

$ 0

Style

Comm Bldg Ovr 10K

Lot Size

0.3161

Year Built

1925

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2327855
Features
General
Living Area 0
Roof Torch Down
HOA Fee 0
Year Built 1925
Property Subtype Commercial Industrial
County Thurston
Property Type Commercial Sale
HOA N
Subdivision Name Olympia
Possible Use Commercial
Special Listing Conditions None
Status Active
Directions North on Capitol Blvd. Right on 4th to property on the right.
City Olympia
Senior Community Y/N N
Zoning Description Commercial
Number Of Units Total 4
MLS Area 447 - Olympia North
Lot Size Units Square Feet
Lot Size Square Feet 13771
Carport Y/N N
Listing Terms Cash Out Owner Financing
Public Remarks This 13 657 SF building on 4th has so many possibilities. Currently there is a 4900sq ft show room with one restroom and two 1200sq ft storage areas in the back. Ballet NW leases the 6 000 SF that fr
Structure Type Unspecified
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Water Company City
Total Actual Rent 7003
Property Style 61 - Comm Bldg Ovr 10K
See more
Interior
Interior Amenities Concrete
Flooring Concrete Other
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Bedrooms Possible 0
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
See more
Exterior
Exterior Amenities Brick
Total Parking 0
Foundation Details Slab
Building Area Total 0
Lot Size Acres 0.3161
Irrigation Water Rights Y/N N
See more
Internal Only
OriginalMLSID NWM2327855
Street Number 1 509
See more
* Excluded Features
List By
Debbie Draper

Listing Agent

Coldwell Banker Evergreen

Broker

Affordability Calculator

$10,294
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,294
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/3/2025$1,650,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

509 4th Avenue E, Olympia, WA, 98501 is a Commercial Property for sale at $1,650,000 with a lot size of 0.3161. 509 4th Avenue E was built in 1925. The property's zip code is 98501 which is in Olympia, WA

Get more info