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101 Division St NW (2005 Ascension Ave NW) 2005 Ascension NW Ave 1,620 SF Retail Building Olympia, WA 98502 $973,405 CAD ($600.87 CAD/SF)



Investment Highlights
- Stand-Alone Building
- High Traffic Visibility
- Dedicated Parking Lot
Executive Summary
This 1,620 square foot standalone restaurant presents a rare turnkey ownership opportunity on the Westside of Olympia. Originally constructed in 1904, this single-tenant building occupies a 0.18-acre lot and previously served as the location for the highly rated La Petite Maison.
The facility is a fully operational and licensed restaurant business ready for immediate use by new operators. As an owner-occupied retail space, it provides a unique chance to acquire a local gem in a well-established neighborhood. The two-story structure is situated at the intersection of Ascension and Division, and is classified for retail mixed use.
Prospective buyers may consider various financing options, including cash-out, conventional, or SBA loans.
The facility is a fully operational and licensed restaurant business ready for immediate use by new operators. As an owner-occupied retail space, it provides a unique chance to acquire a local gem in a well-established neighborhood. The two-story structure is situated at the intersection of Ascension and Division, and is classified for retail mixed use.
Prospective buyers may consider various financing options, including cash-out, conventional, or SBA loans.
Property Facts
Sale Type
Owner User
Property Type
Retail
Building Size
1,620 SF
Year Built
1904
Price
$973,405 CAD
Price Per SF
$600.87 CAD
Tenancy
Single
Building Height
2 Stories
Zoning
HDC-3 - High Density Corridor -3
Frontage
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 70400103800 | Improvements Assessment | $122,988 CAD |
| Land Assessment | $333,167 CAD | Total Assessment | $456,155 CAD |
Property Taxes
Parcel Number
70400103800
Land Assessment
$333,167 CAD
Improvements Assessment
$122,988 CAD
Total Assessment
$456,155 CAD
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101 Division St NW (2005 Ascension Ave NW) | 2005 Ascension NW Ave
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