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Toril White

1toril@torilsellshouses.com +1(253) 350-2638

Listed by:Century 21 Van Dorm Realty • Michael T. Smith

$1,595,000

Est. payment - /mo

7,405 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Olympia

MLS Listing ID 2455186

Style 60 - Comm Bldg Und 10K

Year Built 1927

Annual Tax Amount $13,824

Lot Size 7,405 Sqft

Property Sub-Type Commercial Industrial

Property Description

Here's your opportunity to own one of downtown Olympia's most recognizable historic commercial landmarks. Prominently located on a .17-acre corner lot across from City Hall and within Olympia's Historic Creative District, 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, this architecturally significant property has served Olympia through multiple eras, including auto dealerships, retail, and most recently a successful restaurant/bar. Zoned Retail – Food Downtown Business, the property features approximately 6,136 SF of restaurant 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 established restaurant infrastructure. Beyond continued hospitality use, the property's flexible layout and landmark location provide excellent potential for adaptive reuse including creative office, retail, entertainment, event venue, brewery/tasting room, hospitality, or mixed-use concepts. A rare opportunity for an investor, owner-user, or visionary developer to acquire a signature downtown Olympia asset with historic significance and long-term potential.

Location

State WA

County Thurston

Area 447 - Olympia North

Interior

Flooring Ceramic Tile, Concrete, Softwood, Vinyl, Vinyl Plank

Fireplace false

Exterior

Exterior Feature Cement/Concrete, See Remarks

Roof Type Composition,Torch Down

Building

Sewer Sewer Connected

Water Public

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Toril White

+1(253) 350-2638

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520 4th AVE E Olympia, WA 98501

Toril White

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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