Map of Property

For Sale

509 4th Ave E

509 4th Ave E, Olympia, WA 98501

This 13,657 SF building on 4th has so many possibilities. Currently there is a 4,900 SF show room with one restroom and two 1,200 SF storage areas in the back. Ballet NW leases the 6,000 SF that fronts on Jefferson until 5/27 for $76K per year (plus property tax and utilities). The seller is willing to divide the building into two spaces and will sell the front 4,900 SF on 4th plus the two 1,200 SF storage areas for $899,000. The 6,000 SF portion leased to NW Ballet on Jefferson can be purchased for $815,000. Seller has renderings for a new live-work plan for 5 units that would front on 4th Ave, Across the street from Well 80. 4,900 SF of retail space also available for lease for $10.00 NNN.

Key features

  • Age Over 50 Years Old
  • Lot Size Under 12 Acre
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Reach out to the broker for more info on lease terms and amenities

Contacts

Debbie Draper-Aikins

Coldwell Banker Evergreen Olympic Realty, Inc.

Building Details

  • For Sale $1,499,000
  • Property Type Retail
  • Lot Size 0.48 Acre
  • # of Floors 2
  • Year Built 1925
  • Date Updated Jul 2, 2026

Attachments

Getting Around

  • Walk Score ®

    Walker's Paradise (94)

  • Transit Score ®

    Good Transit (62)

  • Bike Score ®

    Biker's Paradise (95)
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Location

  • City Olympia, WA
  • Neighborhood Downtown Olympia
  • Zip Code 98501
  • Market Seattle

Points of Interest

Olympia-Lacey

6.10 miles

Fast Fuel

0.20 miles

Chevron

0.42 miles

Shell

0.48 miles

Blink

0.64 miles

Texaco

1.13 miles

Conoco

1.29 miles

bp pulse

1.73 miles

arco

1.74 miles

ChargePoint

1.88 miles

WA Health Care Authority Employee Parking

0.19 miles

Health Care Authority Parking

0.20 miles

Customer

0.21 miles

HCA - Visitor (1)

0.22 miles

Truck Dock

0.31 miles

WSECU Employee Parking Garage

0.33 miles

HCA - Customer Parking (3)

0.39 miles

Columbia Garage - State Employees

0.47 miles

St.Michaels Lower Parking

0.58 miles

Compass Rose

0.25 miles

Sound and Vision Living

0.25 miles

Bayview Thriftway

0.53 miles

Ralph's Thriftway

1.00 miles

Olympia Food Co-op

1.21 miles

Grocery Outlet

1.45 miles

JCPenney

1.69 miles

TJ Maxx

1.72 miles

Safeway

1.81 miles

509 4th Ave E Listing Summary

  • What is the asking price at 509 4th Ave E?

    509 4th Ave E is currently listed for sale at Contact for pricing.

  • What is the total size of 509 4th Ave E?

    509 4th Ave E has a total of 13,657 square feet.

  • What is the year built for 509 4th Ave E?

    The year built for 509 4th Ave E is 1925.

Contact Listing Broker
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