403 SE Cleveland Ave
Tumwater WA 98501
Tumwater Triangle
403 SE Cleveland Ave Tumwater WA 98501
Listing #: 706233 | Status: Available | Last Modified: 3/11/2026 |
For Sale
- Phone:(425) 922-1343
- Email:brokeramy.wang@gmail.com
- Office Name:Re/Max Town Center
- Office Phone:(425) 224-8400
- Office Website:
- Agent Phone:(253) 205-6944
- Agent Email:panyao62@hotmail.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 2,550,000.0
- $/SF$ 119.3
- Listing StatusAvailable
- Days on Market142
- Asset ClassRetail, Office
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses15,206
- Net Operating Income-15,206
- CAP Rate 3.80 %
- 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
- 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 Units
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF21380
- Net Rentable Area21380
- Total Office SF
- Largest Contiguous SF
- Lot SF39373
- Acres0.9
- Property TypeRetail
- Office Type
- InvestmentYes
- Building Class
- CountyThurston
- Vicinity
- Location Description
- Second Address
- Cross StreetCapital Blvd
- Market AreaOlympia
- Tax ID #84900300800
- Additional Parcels
- ZoningBD
- # Covered Spaces0
- # Uncovered Spaces0
- Total Parking Spots0
- Parking Ratio
- Year Built1973
- Year Renovated1995
- Completion Date
- Roof Type
- Construction TypeBrick, Masonry
Excellent Investment Opportunity
Excellent investment opportunity! This 2-story, freestanding mixed-use property is strategically located in the heart of Tumwater's Brewery District. Totaling 21,380 sq ft across 5 units, three are currently leased with additional space ready for tenants. Versatile zoning accommodates daycare, medical/dental, showroom, gym, brewery, restaurant, office, or retail uses. Second-floor storage adds flexibility. Outstanding parking and easy access to downtown, state office buildings, and I-5. The building can also be leased out. Open House: March 14, 1:00pm to 3:00pm
Excellent Tumwater location with Cleveland Rd frontage and Capitol Blvd access at the back. Former 911 call center and credit union. In the BD zoning. The parking lot has 46 parking spots, with parking in both front and back. Bus stops right in front for
Medical/Dental, Mixed-Use, Multi-Tenant, Data Center/Call Center
