Prepared by https://www.commercialmls.com
403 SE Cleveland Ave Tumwater WA 98501
Listing #: 706233 | Status: Available | Last Modified: 3/11/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 0 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 15,206 |
| Net Operating Income | -15,206 |
| CAP Rate | 3.80 % |
| 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 |
| Total Building SF | 21,380 SF |
| Net Rentable Area | 21,380 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 39,373 SF |
| Acres | 0.9 |
| Year Built | 1973 |
| Year Renovated | 1995 |
| Construction Type | Brick, Masonry |
| Property Type | |
|---|---|
| Property Type | Retail |
| Investment | Yes |
| Location | |
|---|---|
| County | Thurston |
| Cross Street | Capital Blvd |
| Market Area | Olympia |
| Tax ID # | 84900300800 |
| Zoning | BD |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 0 |
| Total Parking Spots | 0 |
Excellent investment opportunity! This 2-story, freestanding mixed-use property is strategically located in the heart of Tumwater's Brewery District. Totaling 21,380 sq ft across 5 units, three are currently leased with additional space ready for tenants. Versatile zoning accommodates daycare, medical/dental, showroom, gym, brewery, restaurant, office, or retail uses. Second-floor storage adds flexibility. Outstanding parking and easy access to downtown, state office buildings, and I-5. The building can also be leased out. Open House: March 14, 1:00pm to 3:00pm
Excellent Tumwater location with Cleveland Rd frontage and Capitol Blvd access at the back. Former 911 call center and credit union. In the BD zoning. The parking lot has 46 parking spots, with parking in both front and back. Bus stops right in front for
Medical/Dental, Mixed-Use, Multi-Tenant, Data Center/Call Center
Tumwater Triangle
403 SE Cleveland Ave Tumwater WA 98501
Listing #: 706233 | Status: Available | Listing Date: 12/12/2025 | Last Modified: 3/11/2026 | Email Listing
























































