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116 NE State Avenue Olympia, WA $ 763,000
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$ 763,000 Get more info
116 NE State Avenue
$ 763,000
Back to search
Share Save

116 NE State Avenue

Olympia, WA, 98501
$ 763,000
Bedrooms-- Baths--

Monthly Estimate*

$ 4,760

Listed by Globenex Realty
116 NE State Avenue, Olympia, WA 98501 - Image 1
116 NE State Avenue, Olympia, WA 98501 - Image 2
116 NE State Avenue, Olympia, WA 98501 - Image 3
116 NE State Avenue, Olympia, WA 98501 - Image 4
116 NE State Avenue, Olympia, WA 98501 - Image 5
116 NE State Avenue, Olympia, WA 98501 - Image 6
116 NE State Avenue, Olympia, WA 98501 - Image 7
116 NE State Avenue, Olympia, WA 98501 - Image 8
116 NE State Avenue, Olympia, WA 98501 - Image 9
116 NE State Avenue, Olympia, WA 98501 - Image 10
116 NE State Avenue, Olympia, WA 98501 - Image 11

Commercial Property for sale in Olympia, WA

for $763,000. This building was built in 1946 on a lot size of 0.14.

In the Heart of Downtown Olympia, rare 2 retails stores for sale! Full occupied with long term tenants. Great Cap Rate for investment opportunity! Full fence parking lot in the back!

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Commercial Active

Price

$ 763,000

Property Type

Commercial

Taxes

$ 3,097

Style

Retail

Lot Size

0.14

Year Built

1946

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2441215
Features
General
Living Area 0
Sewer Septic Tank
Heating Heat Pump
Cooling HEPA Air Filtration
Possession Negotiable
HOA Fee 0
Year Built 1946
Property Subtype Commercial Industrial
Tax Year 2024
County Thurston
Insurance Expense 3540
Property Type Commercial Sale
HOA N
Subdivision Name Olympia
Possible Use Commercial Retail
Special Listing Conditions None
Status Active
Directions 1-5 Southbound Exit 105B and Follow on Plum Street SE. Turn left on Sate Ave NE. The property on the right hand.
City Olympia
Senior Community Y/N N
Zoning Description Commercial Retail
Number Of Units Total 2
MLS Area 447 - Olympia North
Lot Size Units Square Feet
Lot Size Square Feet 6098
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 3097
Electric Expense 2000
Public Remarks In the Heart of Downtown Olympia rare 2 retails stores for sale! Full occupied with long term tenants. Great Cap Rate for investment opportunity! Full fence parking lot in the back!
Structure Type Retail
Building Area Units Square Feet
Standard Status Active
Total Actual Rent 5760
Water Sewer Garbage 1500
Property Style 75 - Retail
Cap Rate 7.6
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Interior
Flooring Hardwood Vinyl
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
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
Foundation Details Block
Building Area Total 0
Lot Size Acres 0.14
Irrigation Water Rights Y/N N
Lot Number 6
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Internal Only
OriginalMLSID NWM2441215
Street Number 1 116
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* Excluded Features
List By
Dan Zhou

Listing Agent

Globenex Realty

Broker

Affordability Calculator

$5,018
Per Month
95%
5%
0%
Monthly Principal & Interest
$4,760
Monthly Property Taxes
$258
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/4/2025$763,000 Listed Price

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116 NE State Avenue, Olympia, WA, 98501 is a Commercial Property for sale at $763,000 with a lot size of 0.14. 116 NE State Avenue was built in 1946. The property's zip code is 98501 which is in Olympia, WA

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