116 NE State Avenue

Olympia, WA 98501

  • Bed

  • Bath

  • 0 SqFt

  • 373 DOM

  • Built: 1946

  • Status: Active

$736,000

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116 NE State Avenue

Olympia 98501

$736000

  • Bed

  • Bath

  • 0 SqFt

  • 373 DOM

  • Built: 1946

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

Prime Downtown Investment Opportunity – Fully Leased Retail with Rare On-Site Parking Located in the heart of downtown Olympia, this fully renovated mixed-use retail property presents a rare opportunity for investors seeking stable cash flow and long-term upside (Great CAP Rate). This 2000+ SF building features two fully leased retail storefronts, generating consistent income with strong tenant demand in a high-visibility location. Recent upgrades include a brand-new roof and interior renovations, significantly reducing near-term capital expenditures and enhancing tenant appeal. Ideal for investors seeking a turnkey, income-producing asset with both stability and future appreciation potential.

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