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$1,650,000
73 Days On Site

509 4th Avenue E
Olympia, WA 98501

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1925
Built
Cumulative Days On Market:
411
Subdivision:
Olympia
County:
Thurston
Courtesy of NWMLS
Listing courtesy of Debbie Draper of Coldwell Banker Evergreen
Call Now: (360) 507-3775
Is this the home for you? We can help make it yours.
(360) 507-3775
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This 13,657 SF building on 4th has so many possibilities. Currently there is a 4900sq ft show room with one restroom and two 1200sq ft storage areas in the back. Ballet NW leases the 6,000 SF that fronts on Jefferson until 5/27 for $76K per year (plus property tax and utilities). The seller is willing to divide the building into two spaces and will sell the front 4900 SF on 4th plus the two 1200sq ft storage areas for $899,000. The 6000 sq ft portion leased to NW Ballet on Jefferson can be purchased for $815,000. Seller has renderings for a new live-work plan for 5 units that would front on 4th Ave, Across the street from Well 80. See Attachment for drawings. 4900 sq ft of retail space also available for lease for $12.00 NNN.

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Listing Snapshot
Price 
$1,650,000
Days On Site 
73 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3161 Acres
Year Built 
1925
MLS® Number 
2327855
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.3161
Additional Property Use 
Commercial
Foundation 
Slab
Zoning 
Commercial
Interior Features
Flooring 
ConcreteOther
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Exterior Features
Construction Details 
Brick
Community Features
Financing Terms Available 
Lease Purchase
MLS Area 
447 - Olympia North
Courtesy of NWMLS
Listing courtesy of Debbie Draper of Coldwell Banker Evergreen



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2025-04-17 11:34 PM PDT

Neighborhood & Commute
Source: Walkscore
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