501 S Capitol Way · Olympia, WA 98501
Source: NWMLS · Coldwell Banker Evergreen · Debbie Draper #NWM2456143
About this home
First time on the market for sale! What a great location at the corner of 5th and Capitol in downtown Olympia. 7072 sq ft on the main floor and 1600 sf ft upstairs. Current tenants are Escape Puzzle Room, Harlequin Productions and Super Silver Jewelry store. Tenants are month to month. New HVAC.
Location
Basics
- Property type
- Commercial Industrial
- Style
- Comm Bldg Und 10K
- Year built
- 1937
- Lot size
- 1,937 sq ft (0.04 acres)
- County
- Thurston
- MLS #
- NWM2456143
Interior
- Heating
- Forced Air
- Cooling
- Forced Air
- Flooring
- Concrete
Exterior & lot
- Roof
- Flat
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric, Natural Gas
Community & fees
- Subdivision
- Olympia
Transaction
- Original list price
- $1,100,000 (9.5% price cut)
- Listed on
- Nov 22, 2025
- Days on market
- 291
- Listing terms
- Cash, Conventional
- Possession
- Subject To Tenant Rights
More homes nearby
Schools
- High
- Olympia High SchoolSchoolDigger 5 stars · Top 7% in WA
Listing provided courtesy of: Coldwell Banker Evergreen
Listing agent: Debbie Draper.
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 2026-09-17.