Map of Property

For Sale

321 Cleveland Ave SE

321 Cleveland Ave SE, Tumwater, WA 98501

Well located mixed-use building in the heart of Tumwater, across the street from Tumwater Safeway. Fully remodeled between 2019-2023. Features lots of light and northwest contemporary design. Strong tenant mix with several long-term leases in place.

Investment Highlights Fully renovated building in the heart of Tumwater’s Brewery District Up and coming revitalized commercial district Great access and visibility Ample parking Close to I-5 & downtown Olympia On bus line Fully Stabilized Strong Tenant Mix     

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Reach out to the broker for more info on lease terms and amenities

Contacts

Zach Kosturos

Prime Locations

Building Details

  • For Sale $4,250,000
  • Property Type Retail
  • Property Size 15,765 SF
  • Lot Size 0.78 Acre
  • Cap Rate % 7.36
  • NOI / YR $312,610.00
  • # of Floors 3
  • Building Class B
  • Year Built 1984
  • Year Renovated 2023
  • Date Updated Jun 8, 2026

Getting Around

  • Walk Score ®

    Somewhat Walkable (64)

  • Transit Score ®

    Some Transit (37)

  • Bike Score ®

    Bikeable (54)
Powered by Walk Score ®

Location

  • City Tumwater, WA
  • Neighborhood Brewery
  • Zip Code 98501
  • Market Seattle

Points of Interest

Olympia-Lacey

5.28 miles

Safeway Fuel Station

0.06 miles

7-Eleven

1.19 miles

Blink

1.23 miles

Shell

1.24 miles

bp pulse

1.34 miles

arco

1.34 miles

Chevron

1.40 miles

Fred Meyer

1.41 miles

USA Gasoline

1.49 miles

Visitor Parking

1.18 miles

Electric Car Charging

1.30 miles

Employee Only

1.30 miles

Olympia Woodland Trail

1.32 miles

Lot H

1.41 miles

Lot F

1.42 miles

Lot G

1.43 miles

Lot E

1.45 miles

Fred Meyer

1.51 miles

Walmart Supercenter

1.84 miles

Compass Rose

1.87 miles

Archibald Sisters

1.89 miles

Sound and Vision Living

1.94 miles

Bayview Thriftway

1.95 miles

Trader Joe's

2.13 miles

Haggen

2.28 miles

JCPenney

2.30 miles

321 Cleveland Ave SE Listing Summary

  • What is the asking price at 321 Cleveland Ave SE?

    321 Cleveland Ave SE is currently listed for sale at Contact for pricing.

  • What is the total size of 321 Cleveland Ave SE?

    321 Cleveland Ave SE has a total of 15,765 square feet.

  • What is the year built for 321 Cleveland Ave SE?

    The year built for 321 Cleveland Ave SE is 1984.

Contact Listing Broker
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