Rockhood
$1,495,000List price
Active

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 School
SchoolDigger 5 stars · Top 7% in WA

Curious about this home?

Just talk to Bowerbird,
your AI agent with real opinions.

Download App

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.