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112 Cherry Street NE Olympia, WA $ 1,300,000
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$ 1,300,000 Get more info
112 Cherry Street NE
$ 1,300,000
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112 Cherry Street NE

Olympia, WA, 98501
$ 1,300,000
Bedrooms-- Baths--

Monthly Estimate*

$ 8,110

Listed by Van Dorm Realty, Inc
112 Cherry Street NE, Olympia, WA 98501 - Image 1
112 Cherry Street NE, Olympia, WA 98501 - Image 2

Commercial Property for sale in Olympia, WA

for $1,300,000. This building was built in 1920 on a lot size of 0.14.

Prime downtown Olympia location! This 5,867 SF steel-reinforced concrete building (built in 1920) sits on a 0.14-acre lot and has over 25 years of successful restaurant history. Zoned Retail-Food Downtown Business, the building features large street and alley facing windows, a flexible 50/50 dining and bar layout with skylit dining area with remote solar shades. The large kitchen features two vent hoods, dishwasher area with room for walk-in cooler. The spacious bar with alley facing widows, beverage center and ice bin room. There's a private banquet/VIP room in back with separate alley side entrance. Two HVAC systems and security system. Excellent owner-user or investment opportunity in a high-traffic, established hospitality corridor.

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Commercial Active

Price

$ 1,300,000

Property Type

Commercial

Taxes

$ 13,824

Style

Comm Bldg Und 10K

Lot Size

0.14

Year Built

1920

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2455211
Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling Central A/C
Possession Closing
Roof Composition Torch Down
HOA Fee 0
Year Built 1920
Topography Level
Property Subtype Commercial Industrial
Tax Year 2025
County Thurston
Insurance Expense 10589
Property Type Commercial Sale
HOA N
Subdivision Name Olympia
Possible Use Business Commercial Retail See Remarks
Special Listing Conditions None
Status Active
Directions From exit 105A follow Plum Street to State Ave turn left turn left on Cherry Street NE to destination on your left.
City Olympia
Senior Community Y/N N
Zoning Description Business Commercial Retail See Remarks
Number Of Units Total 0
MLS Area 447 - Olympia North
Lot Size Units Square Feet
Lot Size Square Feet 6098
Carport Y/N N
Listing Terms Cash Out Lease Purchase
Tax Annual Amount 13824
Electric Expense 1660
Property Condition Good
Public Remarks Prime downtown Olympia location! This 5 867 SF steel-reinforced concrete building (built in 1920) sits on a 0.14-acre lot and has over 25 years of successful restaurant history. Zoned Retail-Food Dow
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Water Company City of Olympia
Water Sewer Garbage 1722
Property Style 60 - Comm Bldg Und 10K
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Exterior
Exterior Amenities Cement/Concrete See Remarks Stucco
Water Source Public
Total Parking 0
Foundation Details Poured Concrete Slab
Building Area Total 0
Lot Size Acres 0.14
Irrigation Water Rights Y/N N
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Interior
Flooring Ceramic Tile Concrete Vinyl
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Ceiling Height 16'
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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Internal Only
OriginalMLSID NWM2455211
Street Number 1 112
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* Excluded Features
List By
Michael T. Smith

Listing Agent

Van Dorm Realty, Inc

Broker

Affordability Calculator

$9,262
Per Month
88%
12%
0%
Monthly Principal & Interest
$8,110
Monthly Property Taxes
$1,152
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
12/8/2025$1,300,000 Listed Price

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112 Cherry Street NE, Olympia, WA, 98501 is a Commercial Property for sale at $1,300,000 with a lot size of 0.14. 112 Cherry Street NE was built in 1920. The property's zip code is 98501 which is in Olympia, WA

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