101 Division St NW - Restaurant FOR SALE


Olympia, WA 98502- West Olympia
$699,999 USD
360-688-8333
101 Division St NW, Olympia, WA for Sale
$699,999 USD
Restaurant - FOR SALE
1/17
null | Request Cap Rate

101 Division St NW
Olympia, WA 98502
West Olympia


HIGHLIGHTS

  • Stand-Alone Building
  • Dedicated Parking Lot
  • High Traffic Visibility

OVERVIEW

This 1,620 square foot standalone restaurant presents a rare turnkey ownership opportunity on the Westside of Olympia. Originally constructed in 1904, this single-tenant building occupies a 0.18-acre lot and previously served as the location for the highly rated La Petite Maison. The facility is a fully operational and licensed restaurant business ready for immediate use by new operators. As an owner-occupied retail space, it provides a unique chance to acquire a local gem in a well-established neighborhood. The two-story structure is situated at the intersection of Ascension and Division, and is classified for retail mixed use. Prospective buyers may consider various financing options, including cash-out, conventional, or SBA loans.

FOR SALE DETAILS

PRICE

$699,999 USD

PRICE/SF

$365 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

101 Division St NW (2005 Ascension Ave NW)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1904

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,710 SF

ZONING

HDC-3

APN/PARCEL ID

70400103800

ASK ABOUT THIS PROPERTY

Quint NewellGreene CommercialMore Info
360-688-8333

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Quint NewellGreene CommercialMore Info
360-688-8333

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.