520 4th Avenue E · Olympia, WA 98501
Source: NWMLS · Century 21 Van Dorm Realty · Michael T. Smith #NWM2455186
About this home
ICONIC DOWNTOWN OLYMPIA LANDMARK — OWNER-USER / ADAPTIVE REUSE OPPORTUNITY Own one of downtown Olympia's most recognizable historic commercial landmarks. Prominently located on a .17-acre corner lot directly across from City Hall, within Olympia's Historic Creative District and a federally designated Opportunity Zone, this 8,400 SF terra-cotta Gothic Revival-influenced building offers exceptional character, visibility, and flexibility. Designed by renowned Olympia architect Joseph Wohleb and built by the historic Titus family, the building has served Olympia through multiple eras, including auto dealerships, retail, and most recently a restaurant/bar. The flexible layout includes approximately 6,136 SF of restaurant/hospitality space, 1,200 SF of office, 1,064 SF of warehouse/storage, and an 812 SF private banquet/event room. Existing improvements include two walk-in coolers, commercial vent hoods, a Wood Stone wood-fired pizza oven, HVAC, fire protection, security systems, and substantial restaurant infrastructure. Beyond hospitality use, the property offers potential for creative office, retail, entertainment, events, brewery/tasting room, hospitality, showroom, or other adaptive-reuse concepts, subject to applicable approvals. A rare opportunity for an owner-user, investor, hospitality operator, or developer to acquire a signature piece of downtown Olympia history with significant long-term potential.
Location
Basics
- Property type
- Commercial Industrial
- Style
- Comm Bldg Und 10K
- Condition
- Good
- Year built
- 1927
- Lot size
- 7,405 sq ft (0.17 acres)
- County
- Thurston
- MLS #
- NWM2455186
Interior
- Heating
- Forced Air, Heat Pump
- Cooling
- Central Air, Forced Air, Heat Pump
- Flooring
- Ceramic Tile, Concrete, Softwood, Vinyl, Vinyl Plank
Exterior & lot
- Exterior features
- Cement/Concrete, See Remarks
- Roof
- Composition, Torch Down
- Foundation
- Poured Concrete, Slab
- Topography
- Level
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric, Natural Gas
Community & fees
- Subdivision
- Olympia
- Property tax
- $13,824 (2025)
Transaction
- Original list price
- $1,800,000 (16.9% price cut)
- Listed on
- Dec 8, 2025
- Days on market
- 286
- Listing terms
- Cash, Conventional
- Possession
- Closing
More homes nearby
Schools
- High
- Olympia High SchoolSchoolDigger 5 stars · Top 7% in WA

Listing provided courtesy of: Century 21 Van Dorm Realty
Listing agent: Michael T. Smith.
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.