7529 Old Hwy 99 SE Olympia, WA $ 1,200,000
7529 Old Hwy 99 SE
$ 1,200,000
Recently Listed
Share Save

7529 Old Hwy 99 SE

Olympia, WA, 98501
$ 1,200,000
Bedrooms-- Baths--

Monthly Estimate*

$ 8,288

Listed by Windermere Prof Partners
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 1
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 2
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 3
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 4
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 5
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 6
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 7
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 8
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 9
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 10
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 11
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 12
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 13
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 14
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 15
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 16
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 17
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 18
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 19
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 20
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 21
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 22
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 23
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 24
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 25
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 26
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 27
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 28
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 29
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 30
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 31
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 32
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 33
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 34
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 35
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 36
7529 Old Hwy 99 SE, Olympia, WA 98501 - Image 37

Commercial Property for sale in Olympia, WA

for $1,200,000. This building was built in 1948.

A unique opportunity for aviation enthusiasts and businesses alike! The Olympia Regional Airport offers substantial hangar space, dedicated office facilities, and room for multiple aircrafts. The expansive main hangar, currently leased to an aircraft mechanic, features two oversized hangar doors and enough room to accommodate four planes, plus ample outdoor aircraft parking.The other half of the building is currently configured as a flight school, complete with a welcoming lobby and reception area, lounge, updated kitchen & half bath, private offices, and an exam room as well as a flight simulation area. Additional storage space throughout adds even more functionality. Whether you are looking to expand an aviation business, house your aircraft collection, or simply enjoy being part of the aviation community, this property offers plenty of possibilities. The land is currently leased through the Port of Olympia with approximately 33 years remaining on the lease. Ample dedicated parking is available in front of the building and outside the runway area. Tenant occupied. Showings by appointment only.

See more

Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 3,864

Style

Comm Bldg Und 10K

Year Built

1948

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2592514

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Furnace
Possession Negotiable Subject To Tenant Rights
Roof Composition Flat Metal
HOA Fee 0
Year Built 1948
Topography Level
Property Subtype Commercial Industrial
Tax Year 2026
County Thurston
Net Operating Income 96116
Insurance Expense 12600
Property Type Commercial Sale
HOA N
Subdivision Name Tumwater
Possible Use Business Commercial Industrial
Special Listing Conditions None
Status Active
Directions From I-5 take the Tumwater Blvd exit to right on Capitol Blvd SW. Follow to building on the right.
City Olympia
Senior Community Y/N N
Zoning Description Business Commercial Industrial-Light
Number Of Units Total 3
MLS Area 443 - Tumwater
Lot Size Units Square Feet
Lot Size Square Feet 0
Carport Y/N N
Listing Terms Cash
Tax Annual Amount 3864
Electric Expense 7900
Property Condition Updated/Remodeled
Public Remarks A unique opportunity for aviation enthusiasts and businesses alike! The Olympia Regional Airport offers substantial hangar space dedicated office facilities and room for multiple aircrafts. The expan
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Total Actual Rent 13150
Water Sewer Garbage 2520
Property Style 60 - Comm Bldg Und 10K
Cap Rate 8
See more
Exterior
Exterior Amenities Metal/Vinyl Wood
Water Source Public
Total Parking 30
Foundation Details Poured Concrete
Building Area Total 0
Lot Size Acres 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 30
See more
Interior
Flooring Concrete Carpet
Total Fireplaces 0
Air Conditioning Y/N N
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
See more
Internal Only
OriginalMLSID NWM2592514
Street Number 1 7529
See more
* Excluded Features
List By
Curtis Gibson

Listing Agent

Windermere Prof Partners

Broker

curtisgibson@windermere.com

Email

Affordability Calculator

$8,610
Per Month
96%
4%
0%
Monthly Principal & Interest
$8,288
Monthly Property Taxes
$322
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
Pricing History
DatePricePrice ChangeDescription
10/9/2026$1,200,000 Listed Price

Map


See all

7529 Old Hwy 99 SE, Olympia, WA, 98501 is a Commercial Property for sale at $1,200,000. 7529 Old Hwy 99 SE was built in 1948. The property's zip code is 98501 which is in Olympia, WA