509 E 4th Ave
Olympia WA 98501

Downtown Olympia Gem

509 E 4th Ave Olympia WA 98501

Listing #: 700804 | Status: Available | Last Modified: 4/14/2026 |

For Sale
Deborah Draper-Aikins
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 1,499,000.0
  • $/SF$ 76.9
  • Listing StatusAvailable
  • Days on Market263
  • Asset ClassRetail
  • Terms
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings2
  • # of Floors2
  • # of Units
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF19490
  • Net Rentable Area19490
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF20974
  • Acres0.48
Property Type
  • Property TypeRetail
  • Office Type
  • InvestmentYes
  • Building Class
Location
  • CountyThurston
  • Vicinity
  • Location Description
  • Second Address105 Columbia Street
  • Cross Street
  • Market AreaOlympia
  • Tax ID #78505400200
  • Additional Parcels99001796600
  • ZoningDB
Construction
  • Year Built1925
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Downtown Gem

Public Comments

This 13,657 sq ft building on 4th has so many possibilities. The front showroom has 4900 sq ft + two 1200 sq ft storage areas (one with garage door to alley) The 4900 sq ft is vacant and also for lease for $10 NNN. There is also 6,000 sq ft of space that fronts on Jefferson and is home to Ballet NW. They have a lease until 5/27 & pay $76K per year + taxes & utilities. Also have new renderings for live work lofts for the 4900 sq ft portion.

Listing Images