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509 4th Avenue E

Olympia, WA 98501
  • $1,399,000
  • STATUS: Active
  • MLS #: 2327855
UPDATED: 13 min ago
$1,399,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1925
County:

School Ratings & Info

Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Coldwell Banker Evergreen.
Mortgage Calculator is provided by BoomTown.

Description

This 13,657 SF building on 4th has so many possibilities. Currently there is a 4900sq ft show room with one restroom and two 1200sq ft storage areas in the back. Ballet NW leases the 6,000 SF that fronts on Jefferson until 5/27 for $76K per year (plus property tax and utilities). Seller has renderings for a new live-work plan for 5 units that would front on 4th Ave, Across the street from Well 80. See Attachment for drawings. 4900 sq ft of retail space also available for lease for $12.00 NNN.

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MLS Grid logo

IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Tri-Cities Realty Group, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-10-13T21:15:26.82. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-10-13T21:15:26.82. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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509 4th Avenue E Olympia, WA 98501

  • Price: $1,399,000
  • Status: Active
  • On Site: Days
  • Updated: 13 min ago
  • MLS #: 2327855
0
Beds
0
Baths
0
½ Baths
0.32
Acres
1925
Built
Neighborhood:
Olympia
County:
Thurston
Area:
Olympia North
Property Description
This 13,657 SF building on 4th has so many possibilities. Currently there is a 4900sq ft show room with one restroom and two 1200sq ft storage areas in the back. Ballet NW leases the 6,000 SF that fronts on Jefferson until 5/27 for $76K per year (plus property tax and utilities). Seller has renderings for a new live-work plan for 5 units that would front on 4th Ave, Across the street from Well 80. See Attachment for drawings. 4900 sq ft of retail space also available for lease for $12.00 NNN.
Exterior Features

Carport YN No Exterior Features Brick Open Parking YN No Roof Torch Down Structure Type Unspecified Style Code 61 - Comm Bldg Ovr 10K

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 0 Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring ConcreteOther Heating YN No Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Energy Source ElectricNatural Gas Foundation Details Slab Irrigation Water Rights YN No Listing Terms CashLease PurchaseOwner Will Carry Possession Subject To Tenant Rights Possible Use Commercial Power Company PSE Power Production Type ElectricNatural Gas Property Sub Type Commercial Industrial Senior Community YN No Sewer Company City Special Listing Conditions None Water Company City Year Built Effective 1925 Zoning Description Commercial Zoning Jurisdiction City

MLS Grid logo

IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Tri-Cities Realty Group, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-10-13T21:15:26.82. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-10-13T21:15:26.82. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Digital Millennium Copyright Act
 
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Tri-Cities Realty Group, LLC
1919 N 20th Ave
Pasco WA, 99301
Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Coldwell Banker Evergreen.
Mortgage Calculator is provided by BoomTown.