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420 Capitol Way S
Olympia, WA 98501
 Retail Property For Sale

Mixed Use Properties Washington Olympia 420 Capitol Way S, Olympia, WA 98501

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INVESTMENT HIGHLIGHTS

  • Ready to be remodeled into more living space or offices.
  • New roof, heatpumps and electrical panels.

EXECUTIVE SUMMARY

Lots of character in this 6,291 sq ft building built in 1883. Former Talcott Jewelry store with soaring brick walls and vault. Would be a great restaurant! Upstairs is 3,240 sq ft of former living space (this space was leased for 5 years instead of a sale)

PROPERTY FACTS Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,291 SF
Building Class
C
Year Built/Renovated
1883/1955
Price
$1,151,634 CAD
Price Per SF
$183.06 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.87
Lot Size
0.08 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
DB - Downtown Business
Frontage
36’ on Capitol Way S

AMENITIES

  • Bus Line
  • Signage

PROPERTY TAXES

Parcel Number 78501400701 Improvements Assessment $953,272 CAD
Land Assessment $175,387 CAD Total Assessment $1,128,659 CAD

PROPERTY TAXES

Parcel Number
78501400701
Land Assessment
$175,387 CAD
Improvements Assessment
$953,272 CAD
Total Assessment
$1,128,659 CAD
 

  • Listing ID: 34665815

  • Date on Market: 2025-01-30

  • Last Updated:

  • Address: 420 Capitol Way S, Olympia, WA 98501

The Downtown Olympia Retail Property at 420 Capitol Way S, Olympia, WA 98501 is currently available. Contact Coldwell Banker/Evergreen for more information.

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