209 E 4th Avenue
Olympia WA 98501
White Building
209 E 4th Avenue Olympia WA 98501
Listing #: 711001 | Status: Available | Last Modified: 4/15/2026 |
For Sale
- Phone:(360) 915-5678
- Email:zeke@rantsgroup.com
- Office Name:The Rants Group
- Office Phone:(360) 943-8060
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 1,035,900.0
- $/SF$ 79.9
- Listing StatusAvailable
- Days on Market32
- Asset ClassRetail, Office
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 7.50 %
- 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 SF12960
- Net Rentable Area10126
- Total Office SF5151
- Largest Contiguous SF
- Lot SF14484
- Acres0.33
- Property TypeOffice
- Office TypeOther
- Building ClassB
- CountyThurston
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaOlympia
- Tax ID #78502400100
- Additional Parcels
- ZoningDB
- Year Built1908
- Year Renovated
- Completion Date
- Roof Type
- Construction TypeMasonry
The White Building - Retail and Office Investment
The historic White Building, currently 97.4% occupied, is now available for purchase as a standalone investment opportunity. The property consists of 21 rentable suites with two (2) ground-level retail spaces along busy 4th Ave. and 19 executive office suites on the 2nd floor. The building is occupied by a diverse group of tenants ranging from law offices to health practitioners. Offered at $1,035,900 at a 7.5% cap rate, the property provides immediate cashflow, and the current average rent of $14.05 per Sq Ft brings value add potential to new ownership.
