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Highlights

  • Highly visible storefront along downtown Olympia's Capitol Way corridor.
  • Large storefront windows provide natural light and merchandise visibility.
  • Historic storefront presence creates a distinctive street-facing identity.
  • Located blocks from the Washington State Capitol Campus.
  • Open showroom layout supports a variety of retail and service users.
  • Surrounded by restaurants, shopping, entertainment, and professional offices.

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor, Ste 534
  • 2,562 SF
  • Negotiable
  • $16.00 /SF/YR $1.33 /SF/MO $40,992 /YR $3,416 /MO
  • Retail
  • Full Build-Out
  • Now

The space features an open showroom layout with dressing rooms, private office space, and access to common area restrooms. The flexible interior configuration can accommodate a variety of retail, showroom, or customer-facing business operations.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Natural Light
  • Common Parts WC Facilities
  • Open-Plan
  • Private office space
  • Flexible configurations
  • Abundant natural light
  • Fully Built-Out as Standard Retail Space
  • Partitioned Offices
  • Mostly Open Floor Plan Layout
  • Display Window
  • Open showroom layout with dressing rooms
  • Access to common area restrooms
  • Large storefront windows
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor, Ste 534 2,562 SF Negotiable $16.00 /SF/YR $1.33 /SF/MO $40,992 /YR $3,416 /MO Retail Full Build-Out Now

1st Floor, Ste 534

Size
2,562 SF
Term
Negotiable
Rental Rate
$16.00 /SF/YR $1.33 /SF/MO $40,992 /YR $3,416 /MO
Space Use
Retail
Build-Out
Full Build-Out
Available
Now

1st Floor, Ste 534

Size 2,562 SF
Term Negotiable
Rental Rate $16.00 /SF/YR
Space Use Retail
Build-Out Full Build-Out
Available Now

The space features an open showroom layout with dressing rooms, private office space, and access to common area restrooms. The flexible interior configuration can accommodate a variety of retail, showroom, or customer-facing business operations.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Partitioned Offices
  • Natural Light
  • Mostly Open Floor Plan Layout
  • Common Parts WC Facilities
  • Display Window
  • Open-Plan
  • Open showroom layout with dressing rooms
  • Private office space
  • Access to common area restrooms
  • Flexible configurations
  • Large storefront windows
  • Abundant natural light

Property Facts

Total Space Available 2,562 SF
No. Units 36
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 27,072 SF
Year Built 1994

About the Property

Located in the heart of downtown Olympia, 534 Capitol Way S offers a highly visible retail storefront positioned just blocks from the Washington State Capitol Campus. The property benefits from frontage along one of Olympia's most recognized downtown corridors, providing exposure to both pedestrian and vehicle traffic generated by nearby government offices, professional services, restaurants, retailers, entertainment venues, and community destinations. The storefront's historic character creates a distinctive street presence while large display windows enhance visibility and natural light throughout the space. The interior features an open showroom configuration supported by dressing rooms, private office space, and access to common area restrooms, allowing flexibility for a variety of retail, showroom, service-oriented, or creative commercial users. The surrounding downtown environment includes a concentration of restaurants, shopping destinations, financial institutions, arts venues, and recreational amenities that contribute to daily activity throughout the area. Nearby attractions such as Capitol Lake, Heritage Park, the Washington Center for the Performing Arts, Olympia Farmers Market, and numerous local businesses further support customer and employee convenience. This location offers occupiers the opportunity to establish a presence within Olympia's central business district while benefiting from the accessibility, visibility, and historic character associated with downtown Capitol Way.

Very walkable
80/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
70/100

Nearby Major Retailers

U.S. Bank
Bank of America
CrossFit
Jazzercise
Columbia Bank
Chase Bank
  • Listing ID: 41634922

  • Date on Market: 8/10/2026

  • Last Updated:

  • Address: 534-550 Capitol Way S, Olympia, WA 98501

Contact the Leasing Agent

Stuart Place Apartments | 534-550 Capitol Way S

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