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All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 1,981 SF
  • Negotiable
  • $32.00 /SF/YR $2.67 /SF/MO $63,392 /YR $5,283 /MO
  • Retail
  • Full Build-Out
  • Now

Incredible location across the street from popular Row restaurant. Currently built out as spa/salon. Great views and lots of foot traffic. The Madrone is the newest downtown waterfront project with 4 floors of apartments and ground floor retail. 1,981 SF retail space for lease. $32.00 per SF plus utilities =$6,108 per month. Totally built out for salon/spa space with many other uses possible. 8 private rooms, ADA restroom and reception. Great visibility with water view. 2 hour parking close by.

  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor 1,981 SF Negotiable $32.00 /SF/YR $2.67 /SF/MO $63,392 /YR $5,283 /MO Retail Full Build-Out Now

1st Floor

Size
1,981 SF
Term
Negotiable
Rental Rate
$32.00 /SF/YR $2.67 /SF/MO $63,392 /YR $5,283 /MO
Space Use
Retail
Build-Out
Full Build-Out
Available
Now

1st Floor

Size 1,981 SF
Term Negotiable
Rental Rate $32.00 /SF/YR
Space Use Retail
Build-Out Full Build-Out
Available Now

Incredible location across the street from popular Row restaurant. Currently built out as spa/salon. Great views and lots of foot traffic. The Madrone is the newest downtown waterfront project with 4 floors of apartments and ground floor retail. 1,981 SF retail space for lease. $32.00 per SF plus utilities =$6,108 per month. Totally built out for salon/spa space with many other uses possible. 8 private rooms, ADA restroom and reception. Great visibility with water view. 2 hour parking close by.

  • Lease rate does not include utilities, property expenses or building services

Property Facts

Total Space Available 1,981 SF
No. Units 60
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 56,091 SF
Year Built 2023
Very walkable
80/100
Exceptionally drivable
100/100
Strong public transit
80/100
Moderately bikeable
60/100

Nearby Major Retailers

Jazzercise
Bank of America
U.S. Bank
Columbia Bank
Chase Bank
CrossFit
Anthony's Hearthfire Grill
  • Listing ID: 40810273

  • Date on Market: 6/5/2026

  • Last Updated:

  • Address: 120 Water St NW, Olympia, WA 98501

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