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301 - 303 Capitol Way N Olympia WA 98501
Listing #: 705863 | Status: Available | Last Modified: 4/23/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 0 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 0 |
| Net Operating Income | 0 |
| CAP Rate | 0.00 % |
| 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 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 2 |
| # of Units | 5 |
| # of Elevators | 0 |
| Total Building SF | 12,120 SF |
| Net Rentable Area | 12,120 SF |
| Total Office SF | 2,400 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 14,375 SF |
| Acres | 0.33 |
| Year Built | 1923 |
| Sprinklers | Yes |
| Construction Type | Masonry |
| Property Type | |
|---|---|
| Property Type | Retail |
| Building Class | C |
| Location | |
|---|---|
| County | Thurston |
| Cross Street | Olympia Ave |
| Market Area | Olympia |
| Tax ID # | 78500200700 |
| Zoning | Urban Waterfront |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 10 |
| Total Parking Spots | 10 |
Prime Olympia Waterfront Investment Opportunity Located in the heart of downtown Olympia at 301 N Capitol Way, this property sits steps from Percival Landing and the scenic waterfront. Currently home to four diverse tenants, it offers immediate income potential while presenting an exceptional redevelopment opportunity. With stunning water views and a vibrant downtown setting, this property is ideal for investors seeking a high-value location—whether you choose to maintain its income-producing status or transform it into a landmark development.
301-303 Capitol Way N & 302 Columbia St NW
301 - 303 Capitol Way N Olympia WA 98501
Listing #: 705863 | Status: Available | Listing Date: 12/3/2025 | Last Modified: 4/23/2026 | Email Listing





































