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Former Rite Aid Pharmacy 520 W Washington St 17,278 SF Retail Building Sequim, WA 98382 For Sale

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INVESTMENT HIGHLIGHTS

  • 17,278 Square foot former Rite Aid located on 1.48 Acres located in central Sequim
  • Adjacent to a Safeway anchored shopping center with branded gas station, Chase Bank, and Burger King
  • Mild and dry climate makes Sequim a desirable place to live or stay while visiting Olympic National Park and other sights
  • Located at a signalized intersection on the main thoroughfare with a dual drive through
  • Large big box retailers including a Walmart supercenter, Home Depot and Costco draw shoppers from a large trade area
  • Available for Sale and Lease

EXECUTIVE SUMMARY

The subject property is a 17,278 square foot former Rite Aid drugstore located on a 1.48 Acre lot. Positioned at a signalized intersection in central Sequim it is directly adjacent to a grocery anchored shopping center which includes a Safeway market and gas station, Chase Bank and Burger King. Walgreens, McDonald’s and Wells Fargo are located
across the street. Additionally, Sequim is home to a number of big box retailers including a Walmart supercenter, Home Depot and Costco all of which attract shoppers from a large trade area.
Known as the “Lavender Capital of North America” Sequim lies within the rain shadow of the Olympic Mountains and receives, on average, less than 16 inches of rain per year – about the same as Los Angeles, California, but is relatively close to some of the wettest temperate rainforests of the contiguous United States. This unique location offers
Residents and visitors, a blend of both coastal and mountainous landscapes with the Strait of Juan de Fuca located to the North and the towering peaks of the Olympic Mountains to the South.
Ideal for an owner/occupant or investor this offering provides the opportunity to establish a presence in central Sequim at a signalized intersection on the main thoroughfare adjacent to a grocery anchored shopping center.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
17,278 SF
Building Class
C
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
1.48 AC
Opportunity Zone
Yes
Zoning
CMU - CMU - Community Mixed Use
Frontage
200’ on W Washington St

AMENITIES

  • Mezzanine
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Drive Thru
  • Storage Space
  • Monument Signage
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 17,278 SF
  • Retail
  • -
  • Now

The subject property is a 17,278 square foot former Rite Aid drugstore located on a 1.48 Acre lot. Positioned at a signalized intersection in central Sequim it is directly adjacent to a grocery anchored shopping center which includes a Safeway market and gas station, Chase Bank and Burger King. Walgreens, McDonald’s and Wells Fargo are located across the street. Additionally, Sequim is home to a number of big box retailers including a Walmart supercenter, Home Depot and Costco all of which attract shoppers from a large trade area. Known as the “Lavender Capital of North America” Sequim lies within the rain shadow of the Olympic Mountains and receives, on average, less than 16 inches of rain per year – about the same as Los Angeles, California, but is relatively close to some of the wettest temperate rainforests of the contiguous United States. This unique location offers Residents and visitors, a blend of both coastal and mountainous landscapes with the Strait of Juan de Fuca located to the North and the towering peaks of the Olympic Mountains to the South. Ideal for an owner/occupant or investor this offering provides the opportunity to establish a presence in central Sequim at a signalized intersection on the main thoroughfare adjacent to a grocery anchored shopping center.

Space Size Space Use Position Available
1st Floor 17,278 SF Retail - Now

1st Floor

Size
17,278 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 17,278 SF
Space Use Retail
Position -
Available Now

The subject property is a 17,278 square foot former Rite Aid drugstore located on a 1.48 Acre lot. Positioned at a signalized intersection in central Sequim it is directly adjacent to a grocery anchored shopping center which includes a Safeway market and gas station, Chase Bank and Burger King. Walgreens, McDonald’s and Wells Fargo are located across the street. Additionally, Sequim is home to a number of big box retailers including a Walmart supercenter, Home Depot and Costco all of which attract shoppers from a large trade area. Known as the “Lavender Capital of North America” Sequim lies within the rain shadow of the Olympic Mountains and receives, on average, less than 16 inches of rain per year – about the same as Los Angeles, California, but is relatively close to some of the wettest temperate rainforests of the contiguous United States. This unique location offers Residents and visitors, a blend of both coastal and mountainous landscapes with the Strait of Juan de Fuca located to the North and the towering peaks of the Olympic Mountains to the South. Ideal for an owner/occupant or investor this offering provides the opportunity to establish a presence in central Sequim at a signalized intersection on the main thoroughfare adjacent to a grocery anchored shopping center.

Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

The YMCA
Safeway
Chase
WaFd Bank
U.S. Bank
KeyBank
Grocery Outlet
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20962
Land Assessment
$871,589
Improvements Assessment
$2,478,775
Total Assessment
$3,350,364
  • Listing ID: 36381322

  • Date on Market: 6/24/2025

  • Last Updated:

  • Address: 520 W Washington St, Sequim, WA 98382

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