LISTING DETAILS

2505 Olympic Highway N

2505 Olympic Hwy N Shelton WA 98584

Listing #: 708680 | Status: Available | Last Modified: 4/13/2026

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	7.75 %

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	3
# of Floors	1
Total Building SF	62,006 SF
Net Rentable Area	62,006 SF
Total Office SF	0 SF
Largest Contiguous SF	0 SF
Lot SF	211,412 SF
Acres	4.85
Year Built	1975

Property Type
Property Type	Retail

Location
County	Mason
Market Area	Mason County
Tax ID #	42013-54-00006
Zoning	Commercial

Gateway Center

Public Comments

We are pleased to present the opportunity to acquire the Gateway Center in Shelton, Washington, a 100% occupied shopping center investment anchored by Department of Social & Health Services (DSHS) and Mason General Hospital. Both tenants have occupied the property for 20+ years, providing a strong foundation of consistent occupancy and dependable cash flow. The average rental rate at the Gateway Center stands at an exceptionally low $13.42 psf – substantially below market averages – creating a compelling value-add opportunity through base rent increases and transitioning leases to NNN lease structures.

2505 Olympic Highway N
2505 Olympic Hwy N Shelton WA 98584

Listing #: 708680 | Status: Available | Listing Date: 2/16/2026 | Last Modified: 4/13/2026 | Email Listing

For Sale

2505 Olympic Highway N

Listing Images