Rockhood
$499,000List price
Active

1806 4th Avenue E · Olympia, WA 98506

Source: NWMLS · Hayden Outdoors LLC · Paul W Valentine #NWM2556969

About this home

Exceptional Mixed-Use Opportunity in Olympia's Desirable Eastside with 2 property addresses and power meters allowing numerous opportunities for this one of a kind property. Owner financing! Discover a rare property featuring two separate buildings with individual addresses on a 7,000-square-foot lot, offering outstanding flexibility for owner-users, investors, or entrepreneurs. The front building is an attractive, approximately 900-square-foot Craftsman-style office that was extensively updated around 1995 with new electrical, plumbing, and HVAC. A full basement provides valuable storage or additional workspace while preserving the building's classic character. Built in 2001, the rear building combines approximately 850 square feet of living space with a spacious 22' x 25' garage/warehouse featuring 12-foot ceilings and an oversized 11' high by 12' wide overhead door. Ideal for contractors, hobbyists, small businesses, or secure RV and equipment storage, the versatile shop space is a standout feature. The dual-building layout creates endless possibilities, including a live/work setup, professional office with warehouse, rental income, or investment opportunity. Conveniently located just minutes from downtown Olympia, the Capitol Campus, I-5, shopping, dining, and waterfront amenities, this is a truly unique property with exceptional versatility. Opportunities like this are rarely available—don't miss your chance to own one of Olympia's most distinctive mixed-use properties.

Location

Basics

Property type
Commercial Industrial
Style
Comm Bldg Und 10K
Year built
1917 (renovated 1995)
Lot size
7,000 sq ft (0.16 acres)
County
Thurston
MLS #
NWM2556969

Interior

Heating
Forced Air, Heat Pump
Cooling
Forced Air, Heat Pump

Exterior & lot

Exterior features
Wood
Roof
Composition
Foundation
Poured Concrete

Utilities

Sewer
Sewer Connected
Power
Electric, Natural Gas

Community & fees

Subdivision
Eastside Olympia
Property tax
$5,783 (2026)

Transaction

Original list price
$575,000 (13.2% price cut)
Listed on
Jul 18, 2026
Days on market
64
Listing terms
Cash, Conventional, Owner Will Carry
Possession
Closing

More homes nearby

Schools

High
Olympia High School
SchoolDigger 5 stars · Top 7% in WA

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Listing provided courtesy of: Hayden Outdoors LLC

Listing agent: Paul W Valentine.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by 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. IDX information provided exclusively for consumers' 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.

Data last updated 2026-09-01.