203 4th Ave E
Olympia WA 98501

Security Building

203 4th Ave E Olympia WA 98501

Listing #: 704446 | Status: Available | Last Modified: 4/15/2026 |

For Sale
Zeke Rehn
  • Phone:(360) 915-5678
  • Email:zeke@rantsgroup.com
  • Office Name:The Rants Group
  • Office Phone:(360) 943-8060
  • Office Website:
Patrick Rants, CCIM, CPM
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 4,100,000.0
  • $/SF$ 92.8
  • Listing StatusAvailable
  • Days on Market188
  • Asset ClassRetail, Office
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 8.00 %
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
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors5
  • # of Units
  • # of Elevators1
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF44160
  • Net Rentable Area37453
  • Total Office SF37453
  • Largest Contiguous SF
  • Lot SF14484
  • Acres0.33
Property Type
  • Property TypeOffice
  • Office Type
  • Building ClassB
Location
  • CountyThurston
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaOlympia
  • Tax ID #78502400100
  • Additional Parcels
  • ZoningDB
Construction
  • Year Built1926
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction TypeMasonry

Security & White Buildings - Stabilized Multi-Tena

Public Comments

The Security & White Buildings present a rare opportunity to acquire a high-occupancy, multi-tenant investment portfolio in the heart of Downtown Olympia. Comprised of 44,419 square feet across 95 tenant spaces and currently 93% leased, the property delivers diversified in-place income supported by strong demand for executive office and street-level retail space. Offered at $4,100,000, this downtown corner asset combines immediate cash flow, recent capital improvements, and long-term positioning in Washington’s capital city.

Listing Images