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$1,495,000
279 Days On Site

520 4th Avenue E
Olympia, WA98501

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths

SqFt

/SqFt
1927
Built
Cumulative Days On Market:
280
Subdivision:
Olympia
County:
Thurston
Courtesy of NWMLS
Listing courtesy of Michael T. Smith of Century 21 Van Dorm Realty

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253-268-1714
520 4th Avenue E520 4th Avenue E520 4th Avenue E520 4th Avenue E
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ICONIC DOWNTOWN OLYMPIA LANDMARK — OWNER-USER / ADAPTIVE REUSE OPPORTUNITY Own one of downtown Olympia's most recognizable historic commercial landmarks. Prominently located on a .17-acre corner lot directly across from City Hall, within Olympia's Historic Creative District and a federally designated Opportunity Zone, this 8,400 SF terra-cotta Gothic Revival-influenced building offers exceptional character, visibility, and flexibility. Designed by renowned Olympia architect Joseph Wohleb and built by the historic Titus family, the building has served Olympia through multiple eras, including auto dealerships, retail, and most recently a restaurant/bar. The flexible layout includes approximately 6,136 SF of restaurant/hospitality space, 1,200 SF of office, 1,064 SF of warehouse/storage, and an 812 SF private banquet/event room. Existing improvements include two walk-in coolers, commercial vent hoods, a Wood Stone wood-fired pizza oven, HVAC, fire protection, security systems, and substantial restaurant infrastructure. Beyond hospitality use, the property offers potential for creative office, retail, entertainment, events, brewery/tasting room, hospitality, showroom, or other adaptive-reuse concepts, subject to applicable approvals. A rare opportunity for an owner-user, investor, hospitality operator, or developer to acquire a signature piece of downtown Olympia history with significant long-term potential.

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Listing Snapshot
Price 
$1,495,000
Days On Site 
279 Days
Bedrooms 
N/A
Inside Area (SqFt) 
0 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.17 Acres
Year Built 
1927
MLS® Number 
2455186
Status 
Active
Property Tax 
$13,824
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
4 days agoPrice changed to $1,495,000
3 months agoStatus changed to Active
9 months agoListing first seen on site
General Features
Acres 
0.17
Additional Property Use 
CommercialRetailSee Remarks
Foundation 
Slab
Utilities 
Sewer Connected
Water Source 
Public
Zoning 
Business,Commercial,Retail,See Remarks
Interior Features
Cooling 
Central AirHeat Pump
Flooring 
WoodCeramic TileConcreteSoftwoodVinyl
Heating 
ElectricNatural GasForced AirHeat Pump
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Exterior Features
Construction Details 
See Remarks
Lot Features 
Level
Roof 
Composition
Community Features
MLS Area 
447 - Olympia North
Financing Terms Available 
CashConventional
Courtesy of NWMLS
Listing courtesy of Michael T. Smith of Century 21 Van Dorm Realty



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-09-13 07:35 PM PDT

Neighborhood & Commute
Source: Walkscore
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