203 4th Ave E
Olympia WA 98501
Security Building
203 4th Ave E Olympia WA 98501
Listing #: 711118 | 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$ 3,216,000.0
- $/SF$ 72.8
- Listing StatusAvailable
- Days on Market28
- Asset ClassRetail, Office
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 8.00 %
- 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
- 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 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 TypeOffice
- Office Type
- Building ClassB
- CountyThurston
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaOlympia
- Tax ID #78502400100
- Additional Parcels
- ZoningDB
- Year Built1926
- Year Renovated
- Completion Date
- Roof Type
- Construction TypeMasonry
The Security Building - Office and Retail Investme
Olympia’s original skyscraper, The Security Building, is now available for purchase as a standalone investment opportunity. Currently over 94% occupied with 74 individual suites, consisting of 6 ground level retail spaces and 69 executive office suites on floors 2 – 5. The buildings appeal to a diverse group of tenants ensures continued high occupancy and with some tenants currently below market rate rents, the investment provides a solid value-add component.
