Property Details
510 Custer Way
Tumwater, WA 98501
$999,000
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Property Overview
Remarkable opportunity in the heart of Tumwater's evolving Brewing District. This high-visibility retail/office building has great frontage exposure on high-traffic Custer Way. Abundant parking in the rear of the building offers maximum exposure. Modern construction and strong curb appeal. Building offers flexibility with multiple units/suites, creating opportunities for the savvy investor or owner/user. Don't miss this tremendous once-in-a-generation opportunity. The adjacent parcel is also listed for sale.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Thurston
Neighborhood
Tumwater
Listed
May 29, 2026
Parcel Number
84900201200
Tax & HOA
Annual Property Tax
$11,071 (2026)
Est. Monthly Tax
$923/mo
Financial Summary
Cap Rate
4.20%
Net Operating Income
$41,910
Gross Scheduled Income
$60,780
Total Expenses
$18,870
Total Actual Rent
$5,065/mo
Building & Use
Total Units
5
Sq Ft Rented
5,244
Zoning
Commercial
Possible Use
Commercial
Year Built
2004
Exterior & Lot
Lot Size
0.28 sqft
Year Built
2004
Exterior Materials
Brick, Metal/Vinyl
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Brick, Metal/Vinyl
Community & Access
Directions
From I-5, take Exit 103. Follow signs for Custer Way. The property is at 510 Custer Way, situated between Capitol Blvd SE and Cleveland Ave SE in the Brewery District.
Location
City
Tumwater
County
Thurston
Coordinates
47.01689, -122.89956
Additional Information
Tax Year
2026
Annual Taxes
$11,071
Possession
Array
Based on information submitted to the MLS GRID as of June 3, 2026 12:00 AM. 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.
