Map of Property

Capitol Blvd Retail Center

For Sale

6528 Capitol Blvd SE, Olympia, WA 98501

This Olympia property for sale is located at 6528 Capitol Blvd SE. The current listed sale price for Capitol Blvd Retail Center is $1,990,000. Capitol Blvd Retail Center is situated on a lot that is 23,958 square feet in size.

Contacts

broker
Maggie Verger

Kidder Mathews

broker
Kevin Simpson-Verger

Kidder Mathews

Property Details

  • Property Type Retail
  • Property Size 7,500 SF
  • Lot Size 23,958 SF
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 19
  • Parking Ratio 2.53 / 1,000 SF
  • Year Built 1992
  • Date Updated Nov 19, 2024
  • Visibility/Traffic Count (VPD) 14,175

Kidder Mathews is pleased to present the opportunity to acquire a 7,500 SF neighborhood retail center, ideally suited for an owner-user. The property is fully occupied, with two tenants on month-to-month leases, offering flexibility for an owner-user to occupy up to 5,160 SF (69%) of the property while maintaining rental income from the remaining space. Priced at just $265 per square foot, this offering is well below replacement cost, making it an exceptional value. The retail center benefits from its prime location in a densely populated residential area, with over 2,763 homes and an average household income of $89,377 within a 1-mile radius, providing strong consumer demand. Additionally, the property boasts excellent accessibility, being minutes from major freeways such as I-5 and its location on Capitol Blvd, with 14,175 vehicles per day (VPD). This exposure enhances its appeal for retail businesses seeking visibility and convenience, making it an ideal investment for an owner-user looking to establish a business in strong market.

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Getting around

  • 64/100

    Walk Score ®

  • 35/100

    Transit Score ®

  • 51/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Olympia, WA
  • Neighborhood Southeast Capitol Boulevard
  • Zip Code 98501
  • Market Seattle

Points of Interest

  • Capital Aeroporter Airport Shuttle

    2.73 miles

  • Olympia-Lacey

    5.32 miles

  • Shell

    0.31 miles

  • Chevron

    0.39 miles

  • Costco Gasoline

    0.75 miles

  • Fred Meyer

    0.77 miles

  • USA Gasoline

    0.86 miles

  • Texaco

    1.08 miles

  • Jorgensen Air Service

    1.26 miles

  • bp pulse

    2.79 miles

  • Tesla Supercharger

    2.86 miles

  • ChargePoint

    3.08 miles

  • Town Center Parking Garage

    0.32 miles

  • Labor and Industries Parking

    0.71 miles

  • Police Parking

    0.81 miles

  • Labor & Industries Parking

    0.88 miles

  • Buses

    2.34 miles

  • Lot D

    2.49 miles

  • Lot E

    2.53 miles

  • Lot F

    2.55 miles

  • Lot G

    2.61 miles

  • Lot 29

    2.61 miles

  • DQ Grill & Chill

    0.03 miles

  • Eagan's Drive In

    0.10 miles

  • Niko Teriyaki

    0.41 miles

  • Inferno's Brick Oven Pizza

    0.43 miles

  • Red Wagon

    0.45 miles

  • Flaming Pigs BBQ

    0.45 miles

  • Koibito Sushi Teriyaki

    0.45 miles

  • Pho 111

    0.45 miles

  • Meconi's Italian Subs

    0.46 miles

  • Domino's

    0.52 miles

  • Walmart Supercenter

    0.70 miles

  • Fred Meyer

    0.73 miles

  • Safeway

    0.81 miles

  • Trader Joe's

    3.37 miles

  • Haggen

    3.49 miles

  • Big Lots

    3.74 miles

  • Compass Rose

    3.81 miles

  • Archibald Sisters

    3.84 miles

  • JCPenney

    3.84 miles

  • Macy's

    3.84 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Capitol Blvd Retail Center