Map of Property

321 Cleveland Ave SE

For Sale

321 Cleveland Ave SE, Tumwater, WA 98501

This Tumwater property for sale is located at 321 Cleveland Ave SE. The general use of 321 Cleveland Ave SE is retail and it incorporates 15,765 square feet of class B retail space. The current listed sale price for 321 Cleveland Ave SE is $4,250,000. 321 Cleveland Ave SE is situated on a lot that is 0.78 acre in size.

Contacts

Zach Kosturos

Prime Locations

Property Details

  • Property Type Retail
  • Property Size 15,765 SF
  • Lot Size 0.78 Acre
  • Cap Rate % 7.36
  • NOI / YR $312,610.00
  • # of Floors 3
  • Building Class B
  • Year Built 1984
  • Year Renovated 2023
  • Date Updated Jun 8, 2026

Well located mixed-use building in the heart of Tumwater, across the street from Tumwater Safeway. Fully remodeled between 2019-2023. Features lots of light and northwest contemporary design. Strong tenant mix with several long-term leases in place.

Investment Highlights Fully renovated building in the heart of Tumwater’s Brewery District Up and coming revitalized commercial district Great access and visibility Ample parking Close to I-5 & downtown Olympia On bus line Fully Stabilized Strong Tenant Mix     

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 64/100

    Walk Score ®

  • 37/100

    Transit Score ®

  • 54/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Tumwater, WA
  • Neighborhood Brewery
  • Zip Code 98501
  • Market Seattle

Points of Interest

  • Capital Aeroporter Airport Shuttle

    1.95 miles

  • Olympia-Lacey

    5.28 miles

  • Valero

    0.05 miles

  • Safeway Fuel Station

    0.06 miles

  • 7-Eleven

    1.19 miles

  • Blink

    1.23 miles

  • Shell

    1.24 miles

  • bp pulse

    1.34 miles

  • arco

    1.34 miles

  • Chevron

    1.40 miles

  • Fred Meyer

    1.41 miles

  • USA Gasoline

    1.49 miles

  • Buses

    0.76 miles

  • Visitor Parking

    1.18 miles

  • Electric Car Charging

    1.30 miles

  • Employee Only

    1.30 miles

  • Olympia Woodland Trail

    1.32 miles

  • Lot H

    1.41 miles

  • Lot F

    1.42 miles

  • Lot G

    1.43 miles

  • Lot E

    1.45 miles

  • Domino's

    0.07 miles

  • Papa John's

    0.08 miles

  • Bonzai Wok Teriyaki

    0.08 miles

  • Pellegrino's Italian Kitchen

    0.09 miles

  • Zen Ramen

    0.11 miles

  • Uncork & Unwind

    0.12 miles

  • Subway

    0.13 miles

  • 316 Bistro

    0.15 miles

  • The Lucky Lunchbox

    0.46 miles

  • Vic's Pizzeria

    0.46 miles

  • Safeway

    0.13 miles

  • Fred Meyer

    1.51 miles

  • Walmart Supercenter

    1.84 miles

  • Compass Rose

    1.87 miles

  • Archibald Sisters

    1.89 miles

  • Sound and Vision Living

    1.94 miles

  • Bayview Thriftway

    1.95 miles

  • Trader Joe's

    2.13 miles

  • Haggen

    2.28 miles

  • JCPenney

    2.30 miles

Contact Listing Broker
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.