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$425,000
2555576 MLS ⋅ ACTIVE Status
Exceptional opportunity to purchase both the building space and an established restaurant business in a prime Lacey location. This well-known teriyaki restaurant has successfully served the community for over 20 years and enjoys a strong local reputation. The 1,200 SF building is fully equipped with a commercial kitchen, Type I hood system, walk-in refrigerator, and all the essential equipment for immediate operation. Continue the existing business or bring your own restaurant concept to this turnkey space. Ample on-site parking, excellent visibility, and easy access to I-5, JBLM, and the Martin Way corridor provide outstanding exposure and customer convenience. Ideal for dine-in, takeout, and delivery operations. Motivated seller—don't miss this excellent investment opportunity!

9323 Martin Way E Unit ##110, Olympia

Listing courtesy of Keller Williams South Sound.

$575,000
2556969 MLS ⋅ ACTIVE Status
Exceptional Mixed-Use Opportunity in Olympia's Desirable Eastside with 2 property addresses and power meters allowing numerous opportunities for this one of a kind property. Owner financing! Discover a rare property featuring two separate buildings with individual addresses on a 7,000-square-foot lot, offering outstanding flexibility for owner-users, investors, or entrepreneurs. The front building is an attractive, approximately 900-square-foot Craftsman-style office that was extensively updated around 1995 with new electrical, plumbing, and HVAC. A full basement provides valuable storage or additional workspace while preserving the building's classic character. Built in 2001, the rear building combines approximately 850 square feet of living space with a spacious 22' x 25' garage/warehouse featuring 12-foot ceilings and an oversized 11' high by 12' wide overhead door. Ideal for contractors, hobbyists, small businesses, or secure RV and equipment storage, the versatile shop space is a standout feature. The dual-building layout creates endless possibilities, including a live/work setup, professional office with warehouse, rental income, or investment opportunity. Conveniently located just minutes from downtown Olympia, the Capitol Campus, I-5, shopping, dining, and waterfront amenities, this is a truly unique property with exceptional versatility. Opportunities like this are rarely available—don't miss your chance to own one of Olympia's most distinctive mixed-use properties.

1806 4th Avenue E, Olympia

Listing courtesy of Hayden Outdoors LLC.

$2,200,000
2550358 MLS ⋅ ACTIVE Status
Exceptional investment opportunity in the heart of Downtown Olympia's Creative District. This historic mixed-use commercial building is occupied with eight established tenants, providing a diversified income stream from street-level retail, artist lofts, music studios, and office space. Located on the prominent corner of 4th Avenue and Franklin Street, the property offers approximately 180 feet of high-visibility frontage with strong pedestrian and vehicle traffic, metered street parking, and a public parking lot directly across the street. Less than one mile from the Washington State Capitol Campus, the property benefits from a strong daytime workforce, surrounding restaurants, retail, entertainment, and continued downtown revitalization. Situated within a federally designated Opportunity Zone, this asset offers potential tax advantages for qualified investors and significant long-term upside through rental growth, capital improvements, repositioning, or future redevelopment, subject to buyer verification.The established tenant mix has created a vibrant destination within Downtown Olympia while providing stable occupancy and consistent cash flow. A rare opportunity to acquire a well-positioned commercial asset with exceptional visibility, strong in-place income, and outstanding long-term investment potential in one of Olympia's premier commercial corridors. Ideal for investors seeking a stable asset with future appreciation potential in a highly desirable downtown location.

302 304 4th Avenue E, Olympia

Listing courtesy of John L. Scott, Inc.

$999,000
2533851 MLS ⋅ ACTIVE Status
Remarkable opportunity in the heart of Tumwater's evolving Brewing District. This high-visibility retail/office building has great frontage exposure on high-traffic Custer Way. Abundant parking in the rear of the building offers maximum exposure. Modern construction and strong curb appeal. Building offers flexibility with multiple units/suites, creating opportunities for the savvy investor or owner/user. Don't miss this tremendous once-in-a-generation opportunity. The adjacent parcel is also listed for sale.

510 Custer Way, Tumwater

Listing courtesy of Greene Commercial.

$399,000
2528423 MLS ⋅ ACTIVE Status
This well maintained professional complex of 15 units is conveniently located off of Evergreen Park Dr. SW with great freeway access. A-102 has 4 large private offices/treatment rooms, one larger conference room, large reception and office area. Sink in suite with restrooms shared by two other offices.

2401 Bristol Court SW Unit #A-102, Olympia

Listing courtesy of Coldwell Banker Evergreen.

$445,000
2522222 MLS ⋅ ACTIVE Status
Unlock the potential of this uniquely positioned commercial property in the heart of Olympia! Zoned HDC-4 per the City of Olympia, this property offers a wide range of development opportunities including multi-family, office, retail, mixed-use, and more. Situated between Pacific Ave and Martin Way, this location offers excellent visibility and accessibility for your next investment venture. Minutes from I-5. Existing home structure was originally built in 1901 and relocated to the property in 1964. The structure has sustained fire damage and is currently not habitable, presenting an opportunity to rehabilitate, repurpose, or redevelop utilizing the existing footprint. Bring your vision and creativity to this versatile property with endless possibilities. Buyer to verify all information and development potential to their own satisfaction. Bring your agent and check out this investment property.

509 Dehart Drive SE, Olympia

Listing courtesy of Northfork Realty.

$4,500,000
2521649 MLS ⋅ ACTIVE Status
Commercial buildings and business offering.

Olympia

Listing courtesy of Keller Williams South Sound.

$1,695,000
2503222 MLS ⋅ ACTIVE Status
This building is currently in 4 suites but could easily be combined. The Suites are currently: 3,022,2155 &2512 & 758 sf. The building will be vacant at closing. A lot split for this building from 3910 will result in 42 parking stalls. 3910 and 3912 are currently on the market for $3,695,000 3910 has leases in place. Utilize 3912 for owner for owner user and 3910 for investment property.

3912 Martin Way E, Olympia

Listing courtesy of Coldwell Banker Evergreen.

$649,000
2504600 MLS ⋅ ACTIVE Status
HIGHWAY I-5 EXPOSURE in Great Tumwater location! General Commercial zoned .63 acres fully fenced 2,724SF well kept building with front portico entry! Great signage opportunity for I-5 exposure! Parking is very ample and building has handicap access. Retail or multi-family is possible in this quickly developing area!!! Tall Signage for I-5 exposure! Amazing long-term investment!!!

5737 Linderson Way SW, Tumwater

Listing courtesy of RE/MAX Parkside Affiliates.

$240,000
2493337 MLS ⋅ ACTIVE Status
You’re probably looking for a property that already has the essentials in place, something that doesn’t require major work but still gives you room to make it your own. This 0.13-acre corner lot already has utilities connected and has seen several recent updates, including a newer septic system, newer roof, fresh paint, and newer flooring. Currently home to a well-loved salon, the space is turnkey but still offers plenty of opportunity to bring your own vision to life. According to the City Planner, the property is mixed-use zoned, allowing for commercial, residential, or a combination of both. Located just off Highway 507, it also offers strong visibility and consistent foot and vehicle traffic. Would it be worth taking a closer look to see if this space could work for your next move?

108 Centre Street S, Rainier

Listing courtesy of Epique Realty.

$2,700,000
2469874 MLS ⋅ ACTIVE Status
Standalone Restaurant Building with Large Lot and Plenty of Parking! This full service restaurant building hosts a long term tenant with a long standing restaurant business. The floorplan features a large buffet area, multiple seating areas, including two different banquet areas capable of hosting large groups. Featuring multiple storage areas, large production kitchen, walk-in refrigerators, and walk-in deep freezer. Opportunity knocks.

5580 Martin Way E, Lacey

Listing courtesy of Commencement Bay Brokers LLC.

$495,000
2470682 MLS ⋅ ACTIVE Status
Prime Tenino Commercial location! High visibility on one of the business corners in the downtown, weekend activity thru downtown brings lots of business to the Tenino area. Stone building has over 3500 square feet and is currently configured into 3 separate units – can all be one again. High 15’ ceilings and hardwood floors. Plenty of windows on 2 sides - lots of light for retail, Commercial kitchen on left side, for café options. New HVAC on the right side ($23k value). New HVAC on the left unit by closing. Designated parking spaces plus plenty of street and public parking options. Walking distance to Tenino park and quarry pool. Subject to existing leases.

297 Sussex Avenue W, Tenino

Listing courtesy of Castle Realty Inc.

$1,595,000
2455186 MLS ⋅ ACTIVE Status
Here's your opportunity to own one of downtown Olympia's most recognizable historic commercial landmarks. Prominently located on a .17-acre corner lot across from City Hall and within Olympia's Historic Creative District, this 8,400 SF terra-cotta Gothic Revival influenced building offers exceptional character, visibility, and flexibility. Designed by renowned Olympia architect Joseph Wohleb and built by the historic Titus family, this architecturally significant property has served Olympia through multiple eras, including auto dealerships, retail, and most recently a successful restaurant/bar. Zoned Retail – Food Downtown Business, the property features approximately 6,136 SF of restaurant space, 1,200 SF of office, 1,064 SF of warehouse/storage, and an 812 SF private banquet/event room. Existing improvements include two walk-in coolers, commercial vent hoods, a Wood Stone wood-fired pizza oven, HVAC, fire protection, security systems, and established restaurant infrastructure. Beyond continued hospitality use, the property's flexible layout and landmark location provide excellent potential for adaptive reuse including creative office, retail, entertainment, event venue, brewery/tasting room, hospitality, or mixed-use concepts. A rare opportunity for an investor, owner-user, or visionary developer to acquire a signature downtown Olympia asset with historic significance and long-term potential.

520 4th Avenue E, Olympia

Listing courtesy of Century 21 Van Dorm Realty.

$1,175,000
2455211 MLS ⋅ ACTIVE Status
Prime downtown Olympia location! This 5,867 SF steel-reinforced concrete building (built in 1920) sits on a 0.14-acre lot and has over 25 years of successful restaurant history. Zoned Retail-Food Downtown Business, the building features large street and alley facing windows, a flexible 50/50 dining and bar layout with skylit dining area with remote solar shades. The large kitchen features two vent hoods, dishwasher area with room for walk-in cooler. The spacious bar with alley facing widows, beverage center and ice bin room. There's a private banquet/VIP room in back with separate alley side entrance. Two HVAC systems and security system. Excellent owner-user or investment opportunity in a high-traffic, established hospitality corridor.

112 Cherry Street NE, Olympia

Listing courtesy of Van Dorm Realty, Inc.

$995,000
2456143 MLS ⋅ ACTIVE Status
First time on the market for sale! What a great location at the corner of 5th and Capitol in downtown Olympia. 7072 sq ft on the main floor and 1600 sf ft upstairs. Current tenants are Escape Puzzle Room, Harlequin Productions and Super Silver Jewelry store. Tenants are month to month. New HVAC.

501 S Capitol Way, Olympia

Listing courtesy of Coldwell Banker Evergreen.

$950,000
2441268 MLS ⋅ ACTIVE Status
Exceptional investment opportunity! This dynamic commercial property features 3 buildings, each with its own power supply & restroom—perfect for multiple tenants or diverse business operations. 2 buildings are already leased, providing immediate income, while a long-standing convenience store anchors the site with steady customer traffic. Adding to the draw, a designated food truck space brings in extra lease revenue & shopper influx. W/prime visibility, easy accessibility, and versatile use potential for retail, office, or service-based businesses, this property is a rare find. Whether you’re growing your portfolio or launching your own venture, it offers built-in income and endless opportunity. Store inventory/non-lease equipment conveys.

20639 Old Hwy 99 SW, Centralia

Listing courtesy of Northfork Realty.

$1,199,000
2429172 MLS ⋅ ACTIVE Status
DOWNTOWN CORE - MIXED USE on Great Downtown Street!!! INCOME from 7 Apartments (all rented...!), $6,600/monthly!. Street Retail (6,000sf) with existing booths, kitchen, hood, Bar...!! Other great Retail Uses possible!!! Streetside Frontage with great Signage, tall ceilings and separate entrances for upper floor Apartments. [Tenants require 90 day notice for vacating during any sale].

213 4th Avenue E, Olympia

Listing courtesy of RE/MAX Parkside Affiliates.

$519,900
2363620 MLS ⋅ ACTIVE Status
Rare investment opportunity! Just over 23,000+/- sqft lot with high visibility in the fast-growing City of Tumwater. Zoned Capitol Blvd Community allowing for multiple uses. Home has undergone recent mechanical and roofing updates making it move in ready while you explore your options. Property presents a unique chance for investors or owner-users to acquire an asset with redevelopment potential.

6017 S Capitol Boulevard, Tumwater

Listing courtesy of Olympic Sotheby's Int'l Realty.

$549,999
2358483 MLS ⋅ ACTIVE Status
This well cared for Chiropractic clinic offers 4 treatment rooms, reception, office and restroom on the main floor. Below there are 4 more treatment rooms, perfect for massage or spa. Great Tumwater location with 9 parking spaces.

204 Erie Street SE, Tumwater

Listing courtesy of Coldwell Banker Evergreen.

$359,000
2283246 MLS ⋅ ACTIVE Status
Prime commercial property in the heart of Tenino and on the corner of one of the town's busiest intersections. This high-visibility building, previously operating as a restaurant with dine-in and drive-through options, is situated on over a third of an acre. Featuring ample parking and is conveniently located within walking distance of schools, parks, stores, and more. This versatile property offers immediate use as a turnkey business, steady rental income or future development. City-approved plans are in place for a three-building tri-plex, totaling nine units. With Tenino’s continued growth, this is an investment opportunity you won’t want to miss.

472 Sussex Avenue E, Tenino

Listing courtesy of BHGRE - Northwest Home Team.

$1,399,000
2063929 MLS ⋅ ACTIVE Status
ICONIC LACEY COMMERCIAL PROPERTY - Three separate buildings. Lacey Shoe Repair in the main building with an amazing 2BR residential remodeled unit above. Another Large Separate Building in front with current tenants (with 2 car garage), and a stand alone Small House behind with cute yard. Monthly income of $7,500 (and another space currently unrented, which could get another ~$2,000/month). Many development possibilities at this high traffic exposure corner!

4221 Pacific Avenue SE, Lacey

Listing courtesy of RE/MAX Parkside Affiliates.

Based on information submitted to the MLS GRID as of . 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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