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.

Courtesy of NWMLS
Listing courtesy of Christina Keller of Morrison House Sotheby's Intl



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-09-09 10:31 PM PDT