Property Details
115 Eastside Street NE
Olympia, WA 98506
$929,600
Active
Schedule a Showing
Select your date preference
Request More Info
1 / 34
Property Overview
Exceptional redevelopment and investment opportunity in the heart of Olympia. Ideally located just 6 minutes from the Washington State Capitol, this General Commercial-zoned property offers outstanding flexibility for a wide range of commercial, residential, and mixed-use possibilities. Situated on 0.24 acres, the property includes two separate buildings totaling over 5,500 square feet, making it ideal for an owner-user, investor, or developer seeking income-producing potential. The 936 SF cottage can function as a private residence, executive office, or administrative space and includes an additional 936 SF basement providing abundant storage or workspace. This versatile building also offers excellent potential for supplemental rental income. The larger 3,712 SF commercial building, formerly a fully operational veterinary clinic, features 2,104 SF on the main floor and 1,608 SF on the second level, complete with a vaulted flex space and full bathroom. The flexible floor plan lends itself to professional offices, medical or wellness uses, educational facilities, or creative workspaces. With General Commercial zoning, existing infrastructure, four on-site parking spaces plus ample street parking, and preliminary potential for conversion into multiple residential units (approximately 3-bedroom, 2-bedroom, and 1-bedroom configurations-buyer to verify), this property presents an exceptional opportunity for adaptive reuse or future redevelopment.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Thurston
Neighborhood
Eastside Olympia
Listed
Aug 11, 2026
Structure Type
Office
Parcel Number
68100300100
Tax & HOA
Annual Property Tax
$13,150 (2026)
Est. Monthly Tax
$1,096/mo
Building & Use
Building Sq Ft
5,584
Zoning
Business,Commercial,Multi-Family,Office,Retail
Possible Use
Business, Commercial, Multi-Family, Office, Retail
Lot Size
10,332 sqft
Year Built
2013
Exterior & Lot
Lot Size
0.24 sqft
Year Built
2013
Exterior Materials
Brick, Wood
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Brick, Wood Products
Community & Access
Directions
Exit 105 towards Port of Olympia, Merge onto 14th Ave SE, R onto Henderson Blvd, R on Union Ave SE, L onto Eastside St SE
Location
City
Olympia
County
Thurston
Coordinates
47.04636, -122.88896
Additional Information
Tax Year
2026
Annual Taxes
$13,150
Possession
Array
Based on information submitted to the MLS GRID as of August 11, 2026 7:15 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.
