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502 Custer Way SE
Olympia, WA 98501
 Industrial Property For Sale

Warehouses Washington Olympia 502 Custer Way SE, Olympia, WA 98501

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Investment Highlights

  • Highly Flexible Layout
  • Versatile User Appeal
  • Strong Commercial Trade Corridor
  • Prime Brewery District Location
  • Secure Site Assets

Executive Summary

This is a rare opportunity to own a unique property in Tumwater's Brewery District. The flexible space includes an industrial warehouse, a secure private parking garage, and retail or office frontage on Custer Way. The building is well-suited for a brewery, tap room, or small contractor. Rare combination of street-level retail with warehouse. Opportunities like this do not come up often.

Property Facts

Sale Type Investment or Owner User Rentable Building Area 10,000 SF
Cap Rate 4.62% No. Stories 1
Property Type Industrial Year Built 1948
Property Subtype
Warehouse
  • Flex Showroom
  • General Retail Storefront Retail/Office
  • OfficeLoft Creative Space
 Parking Ratio 1.3/1,000 SF
Building Class C Clear Ceiling Height 15’4”
Lot Size 0.19 AC No. Drive In / Grade-Level Doors 1
Zoning BD - Brewery District
Sale Type Investment or Owner User
Cap Rate 4.62%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Showroom
  • General Retail Storefront Retail/Office
  • OfficeLoft Creative Space
Building Class C
Lot Size 0.19 AC
Rentable Building Area 10,000 SF
No. Stories 1
Year Built 1948
Parking Ratio 1.3/1,000 SF
Clear Ceiling Height 15’4”
No. Drive In / Grade-Level Doors 1
Zoning BD - Brewery District

Amenities

  • Mezzanine
  • Signage
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Smoke Detector
  • Breakroom

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

Links

Property Taxes

Parcel Number 84900201300 Improvements Assessment $531,200
Land Assessment $321,200 Total Assessment $852,400

Property Taxes

Parcel Number
84900201300
Land Assessment
$321,200
Improvements Assessment
$531,200
Total Assessment
$852,400

  • Listing ID: 40757013

  • Date on Market: 6/2/2026

  • Last Updated:

  • Address: 502 Custer Way SE, Olympia, WA 98501

The South Olympia Industrial Property at 502 Custer Way SE, Olympia, WA 98501 is currently available. Contact Greene Commercial for more information.

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Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View Street
Map
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502 Custer Way SE, Olympia, WA for sale Floor Plan- Image 8 of 27
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Warehouse
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Warehouse
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Mezzanine Storage
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Warehouse
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Unit A (Vacant)
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Unit A (Vacant)
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Unit A (Vacant)
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Unit A (Vacant)
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Unit A (Vacant)
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Unit A (Vacant)
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Unit A (Vacant)
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Unit B (Lines of Denmark)
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Unit B (Lines of Denmark)
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Unit B (Lines of Denmark)
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Data/Electrical Room in Suite A
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Lower Floor (Garage)
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Lower Floor (Garage)
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