301 - 303 Capitol Way N
Olympia WA 98501
301-303 Capitol Way N & 302 Columbia St NW
301 - 303 Capitol Way N Olympia WA 98501
Listing #: 705863 | Status: Available | Last Modified: 3/13/2026 |
For Sale
- Phone:(360) 789-5060
- Email:terryw@greenecommercial.com
- Office Name:Greene Commercial
- Office Phone:(360) 528-4167
- Office Website:
- Agent Phone:(360) 701-6439
- Agent Email:spenceri@greenecommercial.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 1,300,000.0
- $/SF$ 107.3
- Listing StatusAvailable
- Days on Market140
- Asset ClassRetail, Industrial
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 0.00 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Dock High Doors
- Semi-Dock Doors
- Grade Level Door Count
- Crane Count
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings1
- # of Floors2
- # of Units5
- # of Elevators0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF12120
- Net Rentable Area12120
- Total Office SF2400
- Largest Contiguous SF
- Lot SF14375
- Acres0.33
- Property TypeRetail
- Office Type
- Building ClassC
- CountyThurston
- Vicinity
- Location Description
- Second Address
- Cross StreetOlympia Ave
- Market AreaOlympia
- Tax ID #78500200700
- Additional Parcels
- ZoningUrban Waterfront
- # Covered Spaces0
- # Uncovered Spaces10
- Total Parking Spots10
- Parking Ratio
- Year Built1923
- Year Renovated
- Completion Date
- Roof Type
- SprinklersYes
- Construction TypeMasonry
301-303 Capitol Way N
Prime Olympia Waterfront Investment Opportunity Located in the heart of downtown Olympia at 301 N Capitol Way, this property sits steps from Percival Landing and the scenic waterfront. Currently home to four diverse tenants, it offers immediate income potential while presenting an exceptional redevelopment opportunity. With stunning water views and a vibrant downtown setting, this property is ideal for investors seeking a high-value location—whether you choose to maintain its income-producing status or transform it into a landmark development.
