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7131 Martin Way E Olympia, WA $ 11,000,000
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7131 Martin Way E
$ 11,000,000
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7131 Martin Way E

Olympia, WA, 98516
$ 11,000,000
Bedrooms-- Baths--

Monthly Estimate*

$ 75,974

Listed by Best Choice Realty LLC
7131 Martin Way E, Olympia, WA 98516 - Image 1
7131 Martin Way E, Olympia, WA 98516 - Image 2
7131 Martin Way E, Olympia, WA 98516 - Image 3
7131 Martin Way E, Olympia, WA 98516 - Image 4
7131 Martin Way E, Olympia, WA 98516 - Image 5
7131 Martin Way E, Olympia, WA 98516 - Image 6
7131 Martin Way E, Olympia, WA 98516 - Image 7
7131 Martin Way E, Olympia, WA 98516 - Image 8
7131 Martin Way E, Olympia, WA 98516 - Image 9
7131 Martin Way E, Olympia, WA 98516 - Image 10
7131 Martin Way E, Olympia, WA 98516 - Image 11

Commercial Property for sale in Olympia, WA

for $11,000,000. This building was built in 1962 on a lot size of 4.66.

Excellent opportunity to acquire Lacey Urban Center, a well-established multi-tenant retail center located along the highly traveled Martin Way E corridor. The property features approximately 44,603 SF of building area on approximately 4.66 acres with 214 parking spaces. Currently 100% occupied with a diverse mix of restaurant, retail, service, and professional tenants. Strong visibility, convenient access, ample parking, and established surrounding residential and commercial development make this a highly desirable investment property. Conveniently located near I-5, JBLM, Hawks Prairie, and major retail and employment centers. Please do not disturb tenants. Showings by appointment only.

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Commercial Active

Price

$ 11,000,000

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

4.66

Year Built

1962

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2591309
Features
General
Living Area 0
Sewer Sewer Connected
Possession Closing
HOA Fee 0
Year Built 1962
Topography Level
Property Subtype Commercial Industrial
County Thurston
Property Type Commercial Sale
HOA N
Subdivision Name Tanglewilde
Possible Use Commercial Retail
Special Listing Conditions None
Status Active
Directions From I-5 take Exit 111 toward Marvin Rd. Head south on Marvin Rd then west on Martin Way E. Property is located on Martin Way E at Lacey Urban Center.
City Olympia
Senior Community Y/N N
Zoning Description Commercial Retail
Number Of Units Total 0
MLS Area 450 - Lacey
Lot Size Units Square Feet
Lot Size Square Feet 202990
Carport Y/N N
Listing Terms Cash Conventional
Public Remarks Excellent opportunity to acquire Lacey Urban Center a well-established multi-tenant retail center located along the highly traveled Martin Way E corridor. The property features approximately 44 603 S
Structure Type Retail
Building Area Units Square Feet
Standard Status Active
Property Style 75 - Retail
Cap Rate 6
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
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 214
Building Area Total 0
Lot Size Acres 4.66
Irrigation Water Rights Y/N N
Parking Uncovered Total 214
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Internal Only
OriginalMLSID NWM2591309
Street Number 1 7131
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* Excluded Features
List By
Hae Kyoung Cho

Listing Agent

Best Choice Realty Llc

Broker

harah08@gmail.com

Email

Affordability Calculator

$75,974
Per Month
100%
0%
0%
Monthly Principal & Interest
$75,974
Monthly Property Taxes
--
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.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/6/2026$11,000,000 Listed Price

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7131 Martin Way E, Olympia, WA, 98516 is a Commercial Property for sale at $11,000,000 with a lot size of 4.66. 7131 Martin Way E was built in 1962. The property's zip code is 98516 which is in Olympia, WA

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