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502 Custer Way SE
Olympia, WA 98501
 Industrial Property For Sale

Warehouses Washington Olympia 502 Custer Way SE, Olympia, WA 98501

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Investment Highlights

  • Highly Flexible Layout
  • Versatile User Appeal
  • Strong Commercial Trade Corridor
  • Prime Brewery District Location
  • Secure Site Assets

Executive Summary

This is a rare opportunity to own a unique property in Tumwater's Brewery District. The flexible space includes an industrial warehouse, a secure private parking garage, and retail or office frontage on Custer Way. The building is well-suited for a brewery, tap room, or small contractor. Rare combination of street-level retail with warehouse. Opportunities like this do not come up often.

Property Facts

Sale Type Investment or Owner User Rentable Building Area 10,000 SF
Cap Rate 4.62% No. Stories 1
Property Type Industrial Year Built 1948
Property Subtype
Warehouse
  • Flex Showroom
  • General Retail Storefront Retail/Office
  • OfficeLoft Creative Space
 Parking Ratio 1.3/1,000 SF
Building Class C Clear Ceiling Height 15’4”
Lot Size 0.19 AC No. Drive In / Grade-Level Doors 1
Zoning BD - Brewery District
Sale Type Investment or Owner User
Cap Rate 4.62%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Showroom
  • General Retail Storefront Retail/Office
  • OfficeLoft Creative Space
Building Class C
Lot Size 0.19 AC
Rentable Building Area 10,000 SF
No. Stories 1
Year Built 1948
Parking Ratio 1.3/1,000 SF
Clear Ceiling Height 15’4”
No. Drive In / Grade-Level Doors 1
Zoning BD - Brewery District

Amenities

  • Mezzanine
  • Signage
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Smoke Detector
  • Breakroom

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

Links

Property Taxes

Parcel Number 84900201300 Improvements Assessment $734,942 CAD
Land Assessment $444,396 CAD Total Assessment $1,179,338 CAD

Property Taxes

Parcel Number
84900201300
Land Assessment
$444,396 CAD
Improvements Assessment
$734,942 CAD
Total Assessment
$1,179,338 CAD

  • Listing ID: 40757013

  • Date on Market: 2026-06-02

  • Last Updated:

  • Address: 502 Custer Way SE, Olympia, WA 98501

The South Olympia Industrial Property at 502 Custer Way SE, Olympia, WA 98501 is currently available. Contact Greene Commercial for more information.

INDUSTRIAL PROPERTIES IN NEARBY NEIGHBORHOODS

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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View Street
Map
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502 Custer Way SE, Olympia, WA for sale Floor Plan- Image 8 of 27
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Warehouse
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Warehouse
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Mezzanine Storage
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Warehouse
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Unit A (Vacant)
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Unit A (Vacant)
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Unit A (Vacant)
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Unit A (Vacant)
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Unit A (Vacant)
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Unit A (Vacant)
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Unit A (Vacant)
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Unit B (Lines of Denmark)
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Unit B (Lines of Denmark)
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Unit B (Lines of Denmark)
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Data/Electrical Room in Suite A
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Lower Floor (Garage)
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Lower Floor (Garage)
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