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1128 State Avenue NE Olympia, WA $ 585,000
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1128 State Avenue NE
$ 585,000
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1128 State Avenue NE

Olympia, WA, 98506
$ 585,000
Bedrooms-- Baths--

Monthly Estimate*

$ 3,602

Listed by Redfin
1128 State Avenue NE, Olympia, WA 98506 - Image 1
1128 State Avenue NE, Olympia, WA 98506 - Image 2
1128 State Avenue NE, Olympia, WA 98506 - Image 3
1128 State Avenue NE, Olympia, WA 98506 - Image 4
1128 State Avenue NE, Olympia, WA 98506 - Image 5
1128 State Avenue NE, Olympia, WA 98506 - Image 6
1128 State Avenue NE, Olympia, WA 98506 - Image 7
1128 State Avenue NE, Olympia, WA 98506 - Image 8
1128 State Avenue NE, Olympia, WA 98506 - Image 9
1128 State Avenue NE, Olympia, WA 98506 - Image 10
1128 State Avenue NE, Olympia, WA 98506 - Image 11
1128 State Avenue NE, Olympia, WA 98506 - Image 12
1128 State Avenue NE, Olympia, WA 98506 - Image 13
1128 State Avenue NE, Olympia, WA 98506 - Image 14
1128 State Avenue NE, Olympia, WA 98506 - Image 15
1128 State Avenue NE, Olympia, WA 98506 - Image 16
1128 State Avenue NE, Olympia, WA 98506 - Image 17
1128 State Avenue NE, Olympia, WA 98506 - Image 18
1128 State Avenue NE, Olympia, WA 98506 - Image 19
1128 State Avenue NE, Olympia, WA 98506 - Image 20
1128 State Avenue NE, Olympia, WA 98506 - Image 21
1128 State Avenue NE, Olympia, WA 98506 - Image 22
1128 State Avenue NE, Olympia, WA 98506 - Image 23
1128 State Avenue NE, Olympia, WA 98506 - Image 24
1128 State Avenue NE, Olympia, WA 98506 - Image 25
1128 State Avenue NE, Olympia, WA 98506 - Image 26
1128 State Avenue NE, Olympia, WA 98506 - Image 27
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Commercial Property for sale in Olympia, WA

for $585,000. This building was built in 1912 on a lot size of 0.1446.

Amazing opportunity in the High Density Corridor (HDC-1) zoning district of Olympia, which allows for offices, small-scale commercial use, and moderate to high-density multifamily residential. Currently being used as a single family home, this would make a great live/work space or convert fully into an office. Spacious rooms for offices or meeting spaces downstairs, along with completely remodeled kitchen, mud room, and full bath. Upstairs has another full bath and 3 rooms, one with capped plumbing lines for easy conversion to a kitchen or wet bar. Located on State and Puget, your business will have great exposure with high vehicle and pedestrian traffic. Free street parking on this block!

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Commercial Active

Price

$ 585,000

Property Type

Commercial

Taxes

$ 5,079

Style

Office

Lot Size

0.1446

Year Built

1912

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2517261
Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1912
Topography Level
Property Subtype Commercial Industrial
Tax Year 2026
Waterfront Features Bayfront No Bank Saltwater
County Thurston
Net Operating Income 0
Insurance Expense 1187.31
Property Type Commercial Sale
HOA N
Subdivision Name Olympia
Possible Use Commercial Residential
Special Listing Conditions None
Status Active
Directions Corner of State Ave NE and Puget St NE- free street parking on this block of State St!
City Olympia
Senior Community Y/N N
Zoning Description Commercial Residential
Number Of Units Total 0
MLS Area 447 - Olympia North
Lot Size Units Square Feet
Lot Size Square Feet 6300
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 5079
Electric Expense 4200
Fuel Expense 0
Property Condition Updated/Remodeled
Public Remarks Amazing opportunity in the High Density Corridor (HDC-1) zoning district of Olympia which allows for offices small-scale commercial use and moderate to high-density multifamily residential. Currently
Virtual Tour https://my.matterport.com/show/?m=upEEQyJ3fJY&mls=1
Structure Type Office
Building Area Units Square Feet
Standard Status Active
Water Company City of Olympia
Water Sewer Garbage 3864.48
Property Style 73 - Office
Cap Rate 0
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Exterior
Exterior Amenities Metal/Vinyl Wood
Water Source Public
Total Parking 2
Foundation Details Concrete Ribbon
Building Area Total 0
Lot Size Acres 0.1446
Waterfront Y/N Y
Covered Spaces 0
Irrigation Water Rights Y/N N
Waterfront Footage N/A
Parking Uncovered Total 2
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Interior
Flooring Softwood Vinyl Vinyl Plank Carpet
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Ceiling Height 9ft
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 NWM2517261
Street Number 1 1128
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* Excluded Features
List By
Jessica Kammeyer

Listing Agent

Redfin

Broker

Affordability Calculator

$4,025
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,602
Monthly Property Taxes
$423
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/2/2026$585,000 Listed Price

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1128 State Avenue NE, Olympia, WA, 98506 is a Commercial Property for sale at $585,000 with a lot size of 0.1446. 1128 State Avenue NE was built in 1912. The property's zip code is 98506 which is in Olympia, WA

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