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1931 4th Ave E Olympia WA 98506
Listing #: 696194 | Status: Available | Last Modified: 11/21/2025
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 168,545 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 15,836 |
| Net Operating Income | 152,709 |
| CAP Rate | 6.33 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Retail Asset Class Info | |
|---|---|
| Crane Tonnage | 0 |
| Financial Summary | |
|---|---|
| CAP Rate | 6.329 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 1 |
| A/C | Yes |
| Total Building SF | 2,586 SF |
| Net Rentable Area | 2,586 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 6,098 SF |
| Acres | 0.14 |
| Year Built | 1930 |
| Property Type | |
|---|---|
| Property Type | Retail |
| Building Class | B |
| Location | |
|---|---|
| County | Thurston |
| Market Area | Olympia |
| Tax ID # | 47100100700 |
| Zoning | HDC-2 |
Two fully leased income properties on busy 4th Ave in Olympia — the Trek Bicycle retail store with a new lease extension plus an income generating duplex. Strong financials, a 6.33% cap rate, and long-term tenants make this a reliable, turnkey mixed-use investment in a prime Eastside location.
1931 4th Ave E
1931 4th Ave E Olympia WA 98506
Listing #: 696194 | Status: Available | Listing Date: 4/22/2025 | Last Modified: 11/21/2025 | Email Listing





