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1920 State Ave NE
Olympia, WA 98506
Office Property For Sale

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INVESTMENT HIGHLIGHTS

  • Very high traffic, across from Ralph's Thriftway
  • Perfect for retail or office use.
  • Parking in rear for about 18+ cars.
  • Owner will consider owner financing.

EXECUTIVE SUMMARY

Built in 1955 this beautifully maintained home has been a commercial property for many years. Approximately 1759 sq ft on main floor which includes the fully finished garage. Beautiful hardwood floors and lots of picture windows. Four large offices, reception, kitchen and ADA restroom on main floor. Very functional full basement that was living space in the past. Also a floral shop for many years before becoming a chiropractic clinic.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
1,759 SF
Building Class
B
Year Built
1955
Price
$489,000
Price Per SF
$278.00
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,759 SF
Building FAR
0.24
Lot Size
0.17 AC
Zoning
HDC-2
Parking
4 Spaces (2.27 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
55300401000
Land Assessment
$174,300
Improvements Assessment
$213,800
Total Assessment
$388,100
  • Listing ID: 37886035

  • Date on Market: 9/30/2025

  • Last Updated:

  • Address: 1920 State Ave NE, Olympia, WA 98506

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