501 S Capitol Way
Olympia WA 98501

5th & Capitol

501 S Capitol Way Olympia WA 98501

Listing #: 705433 | Status: Available | Last Modified: 4/14/2026 |

For Sale
Deborah Draper-Aikins
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 995,000.0
  • $/SF$ 114.7
  • Listing StatusAvailable
  • Days on Market156
  • 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
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors2
  • # of Units
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF8672
  • Net Rentable Area8672
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF7405
  • Acres0.17
Property Type
  • Property TypeRetail
  • Office Type
  • Building Class
Location
  • CountyThurston
  • Vicinity
  • Location DescriptionSW corner of 5th and Capitol
  • Second Address109 5th Ave SW
  • Cross Street5th
  • Market AreaOlympia
  • Tax ID #78500600200
  • Additional Parcels
  • ZoningDB
Construction
  • Year Built1937
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

5th and Capitol Blvd.

Public Comments

First time on the market for sale! Highly visible corner location at 5th and Capitol. The front corner suite is 3360 sq ft and is vacant for owner user. Other tenants are Exit Puzzle, Harlequin, and Super Silver. Tenants are currently month to month. New HVAC.

Public Building Comments

Located at the SW corner of very busy 5th and Capitol in downtown Olympia. Former clothing store with great storefront on both streets. 3,360sf.

Search Tags

Restaurant, Showroom, Street Retail, Mini-Mart/C-Store, Salon/Spa, Bank, Bar/Tavern/Night Club