Contacts
The Rants Group
The Rants Group
Property Details
- Property Type Retail
- Property Size 16,076 SF
- Lot Size 0.88 Acre
- Cap Rate % 7.92
- # of Floors 2
- Parking Spaces Avail. 66
- Parking Ratio 4.11 / 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1976
- Date Updated Apr 1, 2026
Martin Way Retail Building For Sale
Investment Property on Martin Way – 87% Occupied with Income Stability and Growth Potential
Two-story office building on a high-visibility corner lot along Martin Way, featuring tall monument signage, ample parking, and an auxiliary parking lot for added convenience. Located just minutes from I-5 at Pacific Avenue Exit 107, this property offers excellent accessibility for tenants and visitors. Stabilized Rent income of $212,018.
Currently 87% occupied, the second floor is fully leased on long-term agreements, while the ground floor includes two tenants and one vacant office suite—ideal for an owner-user or additional leasing upside.
Partial seller financing is available, making this an attractive opportunity for investors seeking flexible terms.
The site is in the testing phase of a Department of Ecology cleanup (Site ID No. 15168) for PCE in soil/groundwater, with monitoring underway.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Ideally located on one of Olympia’s most traveled thoroughfares, the property sits at a signalized intersection with exceptional accessibility and outstanding visibility of the property and the high-profile signage.
- Easy Access
Attachments
Getting around
-
66/100
Walk Score ®
-
41/100
Transit Score ®
-
80/100
Bike Score ®
Location
- City Olympia, WA
- Neighborhood Redwood Estates
- Zip Code 98501
- Market Seattle
Points of Interest
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Capital Aeroporter Airport Shuttle
3.92 miles
-
Olympia-Lacey
5.03 miles
-
Shell
0.18 miles
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Conoco
0.20 miles
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Texaco
0.36 miles
-
Chevron
0.45 miles
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Fast Fuel
0.92 miles
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Marathon
1.36 miles
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Tesla Supercharger
1.44 miles
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Blink
1.58 miles
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bp pulse
3.01 miles
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ChargePoint
3.25 miles
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Lions Park Parking 2
0.45 miles
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Madison scenic park parking
0.80 miles
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New Bridge Parking
0.83 miles
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St.Michaels Lower Parking
1.13 miles
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Olympia Woodland Trail
1.28 miles
-
Customer
1.34 miles
-
HCA - Visitor (1)
1.38 miles
-
Health Care Authority Parking
1.38 miles
-
WA Health Care Authority Employee Parking
1.42 miles
-
HCA - Customer Parking (3)
1.44 miles
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Martin Way Diner
0.11 miles
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Twister Donuts
0.22 miles
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Vic's Eastside
0.31 miles
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Eastside Big Tom
0.34 miles
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T & J's Bar and Grill
0.38 miles
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Left Bank Pastry
0.43 miles
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Zoe Juice Bar
0.55 miles
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State & Central
0.83 miles
-
Subway
0.83 miles
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Shari's
0.86 miles
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Olympia Food Co-op
0.46 miles
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Ralph's Thriftway
0.50 miles
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Ross
0.87 miles
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Albertsons
0.90 miles
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US Foods Chef Store
0.94 miles
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Target
1.35 miles
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Kohl's
1.36 miles
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Marshalls
1.38 miles
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Fred Meyer
1.62 miles
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Safeway
1.69 miles