5701 Capitol Boulevard SW Olympia, WA $ 1,225,000
5701 Capitol Boulevard SW
$ 1,225,000
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5701 Capitol Boulevard SW

Olympia, WA, 98501
$ 1,225,000
Bedrooms-- Baths--

Monthly Estimate*

$ 7,735

Listed by Century 21 Van Dorm Realty
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Commercial Property for sale in Olympia, WA

for $1,225,000. This building was built in 1952 on a lot size of 0.83.

Super high visibility commercial building with 180 feet of Capitol Blvd frontage! Over 10,000 square feet of retail & warehouse space and an additional vacant lot with 12,240 square feet providing room for expansion or parking. Front retail building has 3 large rooms, 2 bathrooms and delivery shop area. Middle warehouse has its own bathroom and tall ceilings for storage & inventory. Rear Warehouse has a retail area, a bathroom, multiple bays with high ceilings, and an upper storage area to accommodate a multitude of business types! This property has tons of potentional with a fantastic location right off of I-5 and is ready for your vision!

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Commercial Active

Price

$ 1,225,000

Property Type

Commercial

Taxes

$ 13,506

Style

Comm Bldg Ovr 10K

Lot Size

0.83

Year Built

1952

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2577018

Features
General
Living Area 0
Sewer Sewer Connected
Possession Closing
Roof Composition Metal
HOA Fee 0
Year Built 1952
Topography Level
Property Subtype Commercial Industrial
Tax Year 2026
County Thurston
Property Type Commercial Sale
HOA N
Subdivision Name Tumwater
Possible Use Commercial
Building Features Signage Included
Special Listing Conditions None
Status Active
Directions I-5 to Exit 102. East of Trosper to South on Capitol Blvd to property on right.
City Olympia
Senior Community Y/N N
Zoning Description Commercial
MLS Area 443 - Tumwater
Lot Size Units Square Feet
Lot Size Square Feet 36154
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 13506
Public Remarks Super high visibility commercial building with 180 feet of Capitol Blvd frontage! Over 10 000 square feet of retail & warehouse space and an additional vacant lot with 12 240 square feet providing ro
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Water Company City of Tumwater
Property Style 61 - Comm Bldg Ovr 10K
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Exterior
Exterior Amenities Brick Cement/Concrete
Water Source Public
Total Parking 16
Foundation Details Poured Concrete Slab
Building Area Total 0
Lot Size Acres 0.83
Covered Spaces 5
Irrigation Water Rights Y/N N
Site Frontage 428
Parking Uncovered Total 11
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Interior
Flooring Concrete Vinyl Vinyl Plank
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
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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Internal Only
OriginalMLSID NWM2577018
Street Number 1 5701
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* Excluded Features
List By
Mike Fisk

Listing Agent

Century 21 Van Dorm Realty

Broker

Affordability Calculator

$8,860
Per Month
87%
13%
0%
Monthly Principal & Interest
$7,735
Monthly Property Taxes
$1,126
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
9/3/2026$1,225,000 Listed Price

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5701 Capitol Boulevard SW, Olympia, WA, 98501 is a Commercial Property for sale at $1,225,000 with a lot size of 0.83. 5701 Capitol Boulevard SW was built in 1952. The property's zip code is 98501 which is in Olympia, WA