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302 Columbia St NW
Olympia, WA 98501
Industrial Property For Sale
Investment Highlights
- Great Exposure
- Excellent Walk Score
- Close to Shopping and Services
Executive Summary
Prime Olympia Waterfront Investment Opportunity
Located in the heart of downtown Olympia at 301 N Capitol Way, this property sits steps from Percival Landing and the scenic waterfront. Currently home to four diverse tenants, it offers immediate income potential while presenting an exceptional redevelopment opportunity. With stunning water views and a vibrant downtown setting, this property is ideal for investors seeking a high-value location—whether you choose to maintain its income-producing status or transform it into a landmark development.
Located in the heart of downtown Olympia at 301 N Capitol Way, this property sits steps from Percival Landing and the scenic waterfront. Currently home to four diverse tenants, it offers immediate income potential while presenting an exceptional redevelopment opportunity. With stunning water views and a vibrant downtown setting, this property is ideal for investors seeking a high-value location—whether you choose to maintain its income-producing status or transform it into a landmark development.
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1923 |
| Property Subtype | Service | Parking Ratio | 1.17/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.33 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 8,527 SF | ||
| Zoning | UW - Urban Waterfront | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.33 AC |
| Rentable Building Area | 8,527 SF |
| No. Stories | 1 |
| Year Built | 1923 |
| Parking Ratio | 1.17/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | UW - Urban Waterfront |
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 78500200700 | Improvements Assessment | $697,900 |
| Land Assessment | $689,100 | Total Assessment | $1,387,000 |
Property Taxes
Parcel Number
78500200700
Land Assessment
$689,100
Improvements Assessment
$697,900
Total Assessment
$1,387,000
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