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501 S Capitol Way Olympia, WA $ 1,100,000
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$ 1,100,000 Get more info
501 S Capitol Way
$ 1,100,000
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501 S Capitol Way

Olympia, WA, 98501
$ 1,100,000
Bedrooms-- Baths--

Monthly Estimate*

$ 6,863

Listed by Coldwell Banker Evergreen
501 S Capitol Way, Olympia, WA 98501 - Image 1

Commercial Property for sale in Olympia, WA

for $1,100,000. This building was built in 1937 on a lot size of 0.0445.

First time on the market for sale! What a great location at the corner of 5th and Capitol in downtown Olympia. 7072 sq ft on the main floor and 1600 sf ft upstairs. Current tenants are Escape Puzzle Room, Harlequin Productions and Super Silver Jewelry store. Tenants are month to month. New HVAC.

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Commercial Active

Price

$ 1,100,000

Property Type

Commercial

Taxes

$ 0

Style

Comm Bldg Und 10K

Lot Size

0.0445

Year Built

1937

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2456143
Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling Forced Air
Possession Subject to Tenant Rights
Roof Flat
HOA Fee 0
Year Built 1937
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 to 5th Ave. South. Property is on the SW corner of 5th and Capitol Way S.
City Olympia
Senior Community Y/N N
Zoning Description Commercial
Number Of Units Total 3
MLS Area 447 - Olympia North
Lot Size Units Square Feet
Lot Size Square Feet 1937
Carport Y/N N
Listing Terms Cash Out Conventional
Public Remarks First time on the market for sale! What a great location at the corner of 5th and Capitol in downtown Olympia. 7072 sq ft on the main floor and 1600 sf ft upstairs. Current tenants are Escape Puzzle
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Water Company City
Property Style 60 - Comm Bldg Und 10K
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Interior
Flooring Concrete
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Water Source Public
Total Parking 0
Building Area Total 0
Lot Size Acres 0.0445
Irrigation Water Rights Y/N N
Lot Number 2
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Internal Only
OriginalMLSID NWM2456143
Street Number 1 501
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* Excluded Features
List By
Debbie Draper

Listing Agent

Coldwell Banker Evergreen

Broker

Affordability Calculator

$6,863
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,863
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.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
11/30/2025$1,100,000 Listed Price

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501 S Capitol Way, Olympia, WA, 98501 is a Commercial Property for sale at $1,100,000 with a lot size of 0.0445. 501 S Capitol Way was built in 1937. The property's zip code is 98501 which is in Olympia, WA

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