509 4th Avenue E · Olympia, WA 98501
Source: NWMLS · Coldwell Banker Evergreen · Debbie Draper #NWM2327855
About this home
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). 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.
Location
Basics
- Property type
- Commercial Industrial
- Style
- Comm Bldg Ovr 10K
- Year built
- 1925
- Lot size
- 13,771 sq ft (0.32 acres)
- County
- Thurston
- MLS #
- NWM2327855
Interior
- Heating
- None
- Cooling
- None
- Flooring
- Concrete, Other
Exterior & lot
- Exterior features
- Brick
- Roof
- Torch Down
- Foundation
- Slab
Utilities
- Power
- Electric, Natural Gas
Community & fees
- Subdivision
- Olympia
Transaction
- Original list price
- $1,650,000 (15.2% price cut)
- Listed on
- Feb 3, 2025
- Days on market
- 917
- Listing terms
- Cash, Lease Purchase, Owner Will Carry
- 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.