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$2,750,000
2401443 MLS ⋅ ACTIVE Status
Prime Planned Industrial Development Opportunity – 9.4 Acres | Rail-Served | I-5 Access Unlock the potential of this rare Planned Industrial-zoned property comprising three parcels totaling 9.4 acres, strategically located just minutes from Interstate 5 with direct rail service access—ideal for logistics, warehousing, manufacturing, or distribution. This property offers a unique blend of industrial functionality and existing residential infrastructure with two on-site residences, perfect for live/work arrangements, site management, or transitional use. The flat, usable land and excellent transportation connectivity make this an outstanding investment or owner-user opportunity.

20710 Old Hwy 9 SW, Centralia

Listing courtesy of St Clair Realty.

$1,750,000
2339340 MLS ⋅ PENDING Status
Exceptional opportunity to own a fully leased 11-unit transitional housing property in the heart of Olympia, generating a strong $148,073 in annual NOI. Spread across three buildings, this triplex-configured asset delivers consistent performance with long-term tenancy and stable returns. Features include shared laundry and ample off-street parking—enhancing tenant retention in this central location. Residents benefit from close proximity to shopping, dining, and transit. This is an ideal acquisition for impact-focused buyers or investors seeking immediate cash flow and long-term potential. Don’t miss this rare opportunity to own a high-performing asset in one of Olympia’s most accessible neighborhoods.

3532 Mary Elder Road NE, Olympia

Listing courtesy of COMPASS.

$1,150,000
2340375 MLS ⋅ ACTIVE Status
AMAZING FLAT 5 ACRES NEAR HWY I-5--- Small older structure on property. Near quickly developing Tumwater (HOME DEPOT, COSTCO, WALMART, STARBUCKS, Etc... nearby). Tall trees on paved dead-end Prine Drive. Zoned GC General Commercial.

7740 Prine Drive SW, Tumwater

Listing courtesy of RE/MAX Parkside Affiliates.

$1,300,000
2330261 MLS ⋅ ACTIVE Status
**Opportunity:** This is a rare opportunity to acquire 5-acre piece of commercial land in a sought-after location. Easily accessible from major highways, This property provides the flexibility to fulfill various business needs. Frontage on the busy intersection of West Road and 103rd Street ensuring high traffic exposure. City of Yelm utilities (water, reclaimed water and sewer). Level topography, ready for development. Adjacent to other commercial properties, including a movie theatre, hotel and many popular restaurants

10344 SE West Road, Yelm

Listing courtesy of Beyond Real Estate.

$1,475,000
2327855 MLS ⋅ ACTIVE Status
This 13,657 SF building on 4th has so many possibilities. Currently there is a 4900sq ft show room with one restroom and two 1200sq ft storage areas in the back. Ballet NW leases the 6,000 SF that fronts on Jefferson until 5/27 for $76K per year (plus property tax and utilities). Seller has renderings for a new live-work plan for 5 units that would front on 4th Ave, Across the street from Well 80. See Attachment for drawings. 4900 sq ft of retail space also available for lease for $12.00 NNN.

509 4th Avenue E, Olympia

Listing courtesy of Coldwell Banker Evergreen.

$1,999,000
2269470 MLS ⋅ ACTIVE Status
Over 100 acres of recreational timberland located just east of Centralia! Thompson Creek Road frontage along entire west side and an old road grade/trail along the creek side on the East. Commercially managed stands with 80+/- acres of 27 year old Douglas Fir and about 18 acres of 13 year old Douglas Fir. Gentle topography and sweeping territorial views would make for a nice home site!

217 XX Thompson Creek Road, Tenino

Listing courtesy of Coldwell Banker Bain.

$1,399,000
2063929 MLS ⋅ ACTIVE Status
ICONIC LACEY COMMERCIAL PROPERTY - Three separate buildings. Lacey Shoe Repair in the main building with an amazing 2BR residential remodeled unit above. Another Large Separate Building in front with current tenants (with 2 car garage), and a stand alone Small House behind with cute yard. Monthly income of $7,500 (and another space currently unrented, which could get another ~$2,000/month). Many development possibilities at this high traffic exposure corner!

4221 Pacific Avenue SE, Lacey

Listing courtesy of RE/MAX Parkside Affiliates.

$1,800,000
1885029 MLS ⋅ PENDING Status
New on the market, 5.99 (SHY 6) acres providing an excellent investment opportunity. There are a few structures on the property but the value is in the land. This listing consists of two parcels: Parcel #11826120104 (3.47 ac) and Parcel #11826120102 (2.52 ac). The property is zoned moderate density and is within the Urban Growth Area of Lacey. Property has Timber on it, which has been “Cruised” to establish a value. City Sewer and water on Marvin Rd SE. This property offers very quick access to I-5 with an abundance of shopping, dining and recreational opportunities (including the Regional Athletic Center (RAC) in the Hawks Prairie area.

2602 Marvin Road SE, Olympia

Listing courtesy of Virgil Adams Real Estate, Inc..

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by 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.
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