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The Madrone
120 Water St NW Olympia WA 98501
Listing #: 702852 | Status: Available | Last Modified: 3/20/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Price Information | |
|---|---|
| Min Rent per SF | $ 37.00 |
| Max Rent per SF | $ 37.00 |
| Total Monthly Rent | $ 6,108.08 |
| Lease Type | Modified Gross |
| Listing Status | Available |
| Days on Market | 215 |
| Asset Class | Retail |
| Space Information | |
|---|---|
| Currently Vacant | 1981 |
| Available SF | 1,981 SF |
| Divisible To | 1,981 SF |
| Retail Asset Class Info | |
|---|---|
| Crane Tonnage | 0 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 5 |
| # of Units | 60 |
| Total Building SF | 55,020 SF |
| Net Rentable Area | 55,020 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 22,600 SF |
| Acres | 0.52 |
| Year Built | 2022 |
| Construction Type | Framed |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Building Class | A |
| Location | |
|---|---|
| County | Thurston |
| Cross Street | State Ave NW |
| Market Area | Olympia |
| Tax ID # | 78507300100 |
| Zoning | UWH |
207 State Ave NW
Incredible location across the street from popular Row restaurant. Currently built out as spa/salon. Great views and lots of foot traffic.
3 tax parcels are included, 78507300301, 78507300100 and 78507300400.
Mixed-Use, Residential
The Madrone
120 Water St NW Olympia WA 98501
Listing #: 702852 | Status: Available | Listing Date: 9/22/2025 | Last Modified: 3/20/2026 | Date Available: N/A | Email Listing
For Lease
The Madrone
