Listing Office: Morrison House Sotheby's Intl Northwest Multiple Listing Service Logo

115 Eastside Street Ne, Olympia, WA

$929,600

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0.24

Acres

About 115 Eastside Street Ne

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.

Features of 115 Eastside Street Ne

MLS® # 2562553
Price $929,600
Acres 0.24
Year Built 2013
Type Commercial Sale
Sub-Type Commercial Industrial
Status Active

Community Information

Address 115 Eastside Street Ne
Area 447 - Olympia North
Subdivision Eastside Olympia
City Olympia
County Thurston
State WA
Zip Code 98506

Amenities

Parking Spaces 10
Is Waterfront No

Interior

Heating 90%+ High Efficiency
Cooling Central Air
Fireplace No

Exterior

Exterior Features Brick, Wood Products
Foundation See Remarks

Additional Information

Date Listed August 11th, 2026
Days on Market 16
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMorrison House Sotheby's Intl

Listing Map

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