For Sale
$995,000

118 Cherry St Olympia, WA 98501

Downtown Olympia mixed-use space.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
Discover the Spoon Building, a meticulously renovated 6,502 square foot mixed-use property located at 118 Cherry St NE, Olympia, WA 98501. This single-story, 1923 building underwent a complete renovation in 2024, presenting a blank canvas for a variety of commercial ventures. The property boasts a prime location in Olympia's Downtown Business District (DB zoning), benefiting from high visibility and traffic counts on 4th Ave and State Ave. With separate entrances and a warehouse/garage door bay, the space is highly versatile, suitable for single or multi-tenant occupancy. Imagine a restaurant, brewery, or a combination of retail, office, and dining spaces. The 0.15-acre lot offers ample space, and the building features one dock-high door. The asking price is $995,000. Currently vacant, the property is ready for immediate occupancy starting July 8, 2024. This redevelopment opportunity presents a unique blend of location, flexibility, and potential for significant return on investment. The property's Class B designation reflects its recent renovation and modern appeal. This is an exceptional chance to establish a thriving business in a vibrant downtown setting. The property's APN is 78200400100.

Highlights

  • Excellent location with high visibility and traffic counts.
  • Highly flexible space suitable for owner-occupancy, investment, or a combination of both.

Property Details for 118 Cherry St

Property type
Retail properties, Restaurants
Square Feet
6,502 SF
Class
B
Year Built/Renovated
1923/2024
Buildings
1
Stories
1
Lot Size (sq. ft)
6,534 SF

Location Insight

City
Olympia
County
Thurston
State
Washington
Latitude
47.0460201
Longitude
-122.895244

FAQs

What type of property is this?
Retail property - Downtown Olympia mixed-use space.
Where is the retail property located?
The property is located at 118 Cherry St Olympia, WA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Excellent location with high visibility and traffic counts.; Highly flexible space suitable for owner-occupancy, investment, or a combination of both.;
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
118 Cherry St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message