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416 State Ave NE 2,278 SF Retail Building Olympia, WA 98501 $696,564 CAD ($305.78 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Great Exposure
  • Located in an Opportunity Zone

EXECUTIVE SUMMARY

Downtown Olympia office or redevelopment opportunity! 2,278 SF office building situated on a .16-acre parcel with 5 stalls, plus a .13-acre parcel with 10 additional stalls. Excellent candidate for owner-use, investment, or redevelopment. Located in an Opportunity Zone. Combine with 400 NE State Ave (.45 acres) CBA listing #39501888.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,278 SF
Building Class
C
Year Built
1940
Price
$696,564 CAD
Price Per SF
$305.78 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
UW - Urban Waterfront
Parking
15 Spaces (6.58 Spaces per 1,000 SF Leased)
Frontage
64’ on State Ave NE

AMENITIES

  • Bus Line
  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 2,278 SF
  • Retail
  • -
  • Now

2,278 SF office building with 5 offices, a breakroom, and 2 restrooms, plus 15 parking stalls. Excellent visibility with over 14,000 cars per day.

Space Size Space Use Position Available
1st Floor 2,278 SF Retail - Now

1st Floor

Size
2,278 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 2,278 SF
Space Use Retail
Position -
Available Now

2,278 SF office building with 5 offices, a breakroom, and 2 restrooms, plus 15 parking stalls. Excellent visibility with over 14,000 cars per day.

Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

U.S. Bank
Bank of America
CrossFit
Jazzercise
Columbia Bank
Chase Bank
Anthony's Hearthfire Grill

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 78504200500
  • 78504200502
Land Assessment
$612,669 CAD (2024)
Improvements Assessment
$389,183 CAD (2024)
Total Assessment
$1,001,852 CAD (2024)
  • Listing ID: 37787581

  • Date on Market: 2025-09-23

  • Last Updated:

  • Address: 416 State Ave NE, Olympia, WA 98501

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