Property Details
1005 Olympia Avenue NE
Olympia, WA 98506
$750,000
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Property Overview
Experience a bite of Old Olympia when you own this classic piece of Olympia's storied history! The Rudkin home is on the local Historic Register. Dazzling curb appeal and splendid views of the Capitol Dome, the Black Hills, and the Olympics! Largely level lot with the room to expand your business profile by buying the vacant lot contiguous to the east. Oozing with nuances of Old World charm. So conveniently close to all amenities!
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Thurston
Neighborhood
Bigelow
Listed
Jul 23, 2026
Structure Type
Office
Parcel Number
68100200400
Tax & HOA
Annual Property Tax
$5,807 (2026)
Est. Monthly Tax
$484/mo
Financial Summary
Cap Rate
6.00%
Net Operating Income
$47,071
Gross Scheduled Income
$79,200
Gross Rent Multiplier
9.47
Total Expenses
$32,129
Total Actual Rent
$6,600/mo
Building & Use
Building Sq Ft
5,032
Total Units
6
Sq Ft Rented
3,529
Zoning
Business,Commercial,Office,Residential
Possible Use
Business, Commercial, Office, Residential
Lot Size
7,279 sqft
Year Built
1905
Exterior & Lot
Lot Size
0.17 sqft
Year Built
1905
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Wood
Community & Access
Directions
East on Olympia Ave from East Bay Dr. to property on right.
Location
City
Olympia
County
Thurston
Coordinates
47.04716, -122.88994
Additional Information
Tax Year
2026
Annual Taxes
$5,807
Possession
Array
Based on information submitted to the MLS GRID as of August 1, 2026 8:30 PM. All data is obtained from various sources and may not have been verified by 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
