About this home

Unlock the potential of this uniquely positioned commercial property in the heart of Olympia! Zoned HDC-4 per the City of Olympia, this property offers a wide range of development opportunities including multi-family, office, retail, mixed-use, and more. Situated between Pacific Ave and Martin Way, this location offers excellent visibility and accessibility for your next investment venture. Minutes from I-5. Existing home structure was originally built in 1901 and relocated to the property in 1964. The structure has sustained fire damage and is currently not habitable, presenting an opportunity to rehabilitate, repurpose, or redevelop utilizing the existing footprint. Bring your vision and creativity to this versatile property with endless possibilities. Buyer to verify all information and development potential to their own satisfaction. Bring your agent and check out this investment property.

Location

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Basics

Property type: Commercial Industrial
Style: Comm Bldg Und 10K
Year built: 1901
Lot size: 7,405 sq ft (0.17 acres)
County: Thurston
MLS #: NWM2522222

Interior

Heating: None
Cooling: None

Utilities

Water: Public
Power: Electric

Community & fees

Subdivision: Eastside Olympia

Transaction

Listed on: May 12, 2026
Days on market: 131
Listing terms: Cash
Possession: Closing

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Schools

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

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Listing provided courtesy of: Northfork Realty

Listing agent: Ashley Larson.

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 2026-05-12.