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 current listed sale price for 321 Cleveland Ave SE is $4,250,000.

Contacts

broker
Joni Baker

Prime Locations

Property Details

  • Property Type Retail
  • Property Size 15,765 SF
  • Cap Rate % 7.36
  • NOI / YR $312,610.00
  • Date Updated Mar 25, 2025

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     

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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

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 Listing Broker
broker
Joni Baker

Prime Locations

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