Contacts
The Rants Group
The Rants Group
Property Details
- Property Type Mixed Use - Office / Retail
- Property Size 12,960 SF
- Lot Size 0.17 Acre
- Cap Rate % 7.5
- Zoning DB
- # of Floors 2
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1908
- Date Updated Apr 15, 2026
The historic White Building, currently 97.4% occupied, is now available for purchase as a standalone investment opportunity. The property consists of 21 rentable suites with two (2) ground-level retail spaces along busy 4th Ave. and 19 executive office suites on the 2nd floor. The building is occupied by a diverse group of tenants ranging from law offices to health practitioners. Offered at $1,035,900 at a 7.5% cap rate, the property provides immediate cashflow, and the current average rent of $14.05 per Sq Ft brings value add potential to new ownership.
Reach out to the broker for more info on lease terms and amenities
Getting around
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92/100
Walk Score ®
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57/100
Transit Score ®
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98/100
Bike Score ®
Location
- City Olympia, WA
- Neighborhood Downtown Olympia
- Zip Code 98501
- Market Seattle
Points of Interest
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Capital Aeroporter Airport Shuttle
2.48 miles
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Olympia-Lacey
6.23 miles
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Fast Fuel
0.19 miles
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Marathon
0.34 miles
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Chevron
0.53 miles
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Shell
0.58 miles
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Blink
0.67 miles
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Texaco
1.23 miles
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Conoco
1.47 miles
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bp pulse
1.59 miles
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Electrify America
1.70 miles
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ChargePoint
1.72 miles
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Diamond - Park Here
0.18 miles
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WA Health Care Authority Employee Parking
0.30 miles
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Health Care Authority Parking
0.34 miles
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WSECU Employee Parking Garage
0.35 miles
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HCA - Visitor (1)
0.35 miles
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Truck Dock
0.36 miles
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Customer
0.36 miles
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Columbia Garage - State Employees
0.39 miles
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HCA - Customer Parking (3)
0.46 miles
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Visitor Parking
0.60 miles
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The Governor Hotel, a Coast Hotel
0.18 miles
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DoubleTree by Hilton Olympia
0.24 miles
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Fertile Ground Guesthouse
0.30 miles
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Capitol Plaza Hotel
0.31 miles
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Short Stay Lodgings
0.31 miles
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Olympia Inn
0.32 miles
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TownePlace Suites Olympia
0.33 miles
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Ground Inn
0.44 miles
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Lighthouse Bungalow
0.78 miles
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Swantown Inn Bed and Breakfast
0.93 miles
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Archibald Sisters
0.07 miles
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Compass Rose
0.07 miles
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Sound and Vision Living
0.08 miles
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Bayview Thriftway
0.35 miles
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Olympia Food Co-op
1.07 miles
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Ralph's Thriftway
1.18 miles
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Grocery Outlet
1.28 miles
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JCPenney
1.51 miles
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TJ Maxx
1.54 miles
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Capital Mall - Westfield
1.65 miles