The Security Building - 94% Occupied

For Sale

201-205 4th Ave E Olympia, Olympia, WA 98501

This Olympia property for sale is located at 201-205 4th Ave E Olympia. The general use of The Security Building - 94% Occupied is mixed use and it incorporates 31,549 square feet of class B mixed use space. The current listed sale price for The Security Building - 94% Occupied is $3,216,000. The Security Building - 94% Occupied is situated on a lot that is 0.17 acre in size.

Contacts

Zeke Rehn

The Rants Group

Pat Rants

The Rants Group

Property Details

  • Property Type Mixed Use - Office / Retail
  • Property Size 31,549 SF
  • Lot Size 0.17 Acre
  • Cap Rate % 8
  • Zoning DB
  • # of Floors 5
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1908
  • Date Updated Apr 15, 2026

Olympia’s original skyscraper, The Security Building, is now available for purchase as a standalone investment opportunity. Currently over 94% occupied with 74 individual suites, consisting of 6 ground level retail spaces and 69 executive office suites on floors 2 – 5. The buildings appeal to a diverse group of tenants ensures continued high occupancy and with some tenants currently below market rate rents, the investment provides a solid value-add component.

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Getting around

  • 91/100

    Walk Score ®

  • 58/100

    Transit Score ®

  • 98/100

    Bike Score ®

Powered by Walk Score ®

Location

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

Points of Interest

  • Capital Aeroporter Airport Shuttle

    2.47 miles

  • Olympia-Lacey

    6.24 miles

  • Fast Fuel

    0.19 miles

  • Marathon

    0.34 miles

  • Chevron

    0.53 miles

  • Shell

    0.59 miles

  • Blink

    0.67 miles

  • Texaco

    1.23 miles

  • Conoco

    1.48 miles

  • bp pulse

    1.58 miles

  • Electrify America

    1.70 miles

  • ChargePoint

    1.71 miles

  • Diamond - Park Here

    0.18 miles

  • WA Health Care Authority Employee Parking

    0.31 miles

  • Health Care Authority Parking

    0.34 miles

  • WSECU Employee Parking Garage

    0.35 miles

  • HCA - Visitor (1)

    0.35 miles

  • Truck Dock

    0.36 miles

  • Customer

    0.37 miles

  • Columbia Garage - State Employees

    0.39 miles

  • HCA - Customer Parking (3)

    0.46 miles

  • Visitor Parking

    0.60 miles

  • The Governor Hotel, a Coast Hotel

    0.18 miles

  • DoubleTree by Hilton Olympia

    0.23 miles

  • Fertile Ground Guesthouse

    0.30 miles

  • Capitol Plaza Hotel

    0.31 miles

  • Short Stay Lodgings

    0.31 miles

  • Olympia Inn

    0.32 miles

  • TownePlace Suites Olympia

    0.33 miles

  • Ground Inn

    0.44 miles

  • Lighthouse Bungalow

    0.78 miles

  • Swantown Inn Bed and Breakfast

    0.94 miles

  • Archibald Sisters

    0.06 miles

  • Compass Rose

    0.07 miles

  • Sound and Vision Living

    0.08 miles

  • Bayview Thriftway

    0.35 miles

  • Olympia Food Co-op

    1.06 miles

  • Ralph's Thriftway

    1.19 miles

  • Grocery Outlet

    1.27 miles

  • JCPenney

    1.51 miles

  • TJ Maxx

    1.53 miles

  • Capital Mall - Westfield

    1.65 miles

Contact The Security Building - 94% Occupied
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