509 4th Avenue E, Olympia, WA 98501 | MLS #NWM2327855 | Coldwell Banker Evergreen Olympic Realty, Inc.

Listing provided courtesy of Coldwell Banker EvergreenNWMLSMLS# NWM2327855

This 13,657 SF building on 4th has so many possibilities. Currently there is a 4900sq ft show room with one restroom and two 1200sq ft 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). Seller has renderings for a new live-work plan for 5 units that would front on 4th Ave, Across the street from Well 80. See Attachment for drawings. 4900 sq ft of retail space also available for lease for $12.00 NNN.

Source: NWMLS, MLS#: NWM2327855

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Property Type

Commercial Sale
Lot

0.32 acres

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Julie Cooke
Broker
Coldwell Banker Evergreen Olympic Realty
Direct 360-878-7545

Median Age

39
Population Density

1,220
College Educated

55%
Estimated Median Income

$78,324
Estimated Total Home Owners

10,333
Estimated Total Renters

7,364
Owner / Renter Divide

58% / 42%
Estimated Average Household Size

2
Total Population

43,584
Community data courtesy of LiveBy, Inc.

Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 509 4th Avenue E

Schools

School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value	Agent
2/18/2026Source: NWMLS	Price Reduction	$1,499,000 -6.3%	Debbie Draper Listing Agent
1/15/2026Source: NWMLS	Price Reduction	$1,599,000 -3.1%	Debbie Draper Listing Agent
2/3/2025Source: NWMLS	Added to Database	February 03, 2025	Debbie Draper Listing Agent