520 4th Avenue E, Olympia, WA 98501 For Sale

A rare downtown Olympia landmark offering historic architectural significance, turnkey hospitality infrastructure, private event potential, and exceptional adaptive reuse opportunities in one of the city’s most supply-constrained locations.

• Iconic Downtown Olympia Landmark – One of the city’s most recognizable historic commercial buildings, designed by renowned Olympia architect Joseph Wohleb and constructed by the historic Titus family.
• Prime Civic Core Location – Highly visible 0.17-acre corner property directly across from Olympia City Hall, positioned within the city’s civic, retail, dining, and cultural district.
• 8,400 SF Historic Trophy Asset – Distinctive terra-cotta Gothic Revival architecture offering irreplaceable character, branding value, and prominent downtown presence.
• Located in Olympia’s Historic Creative District – A unique opportunity to own a signature building within a growing district of restaurants, cultural venues, creative businesses, government uses, and downtown redevelopment activity.
• Flexible Hospitality & Commercial Infrastructure – Existing improvements support immediate continued use for restaurant, bar, brewery, event venue, or entertainment concepts while providing significant value for future adaptive reuse.
• 812 SF Private Event / Banquet Space – Dedicated private dining and event area offering potential for corporate functions, receptions, civic gatherings, and additional revenue opportunities.
• Established Restaurant Build-Out – Former restaurant and bar location featuring substantial existing infrastructure, reducing conversion costs for hospitality users.
• Extensive Commercial Improvements – Includes two walk-in coolers, commercial vent hoods with fire suppression, Wood Stone wood-fired pizza oven, HVAC, security systems, and existing food-service utilities.
• Exceptional Adaptive Reuse Potential – Flexible layout and historic character create opportunities for creative office, retail, showroom, gallery, hospitality, mixed-use, or destination concepts.
• Retail – Food Downtown Business Zoning – Supports restaurant, bar, brewery, tasting room, retail, and other compatible downtown commercial uses.
• Strategic Downtown Positioning – Steps from City Hall, the Washington State Capitol Campus, government offices, restaurants, retail, and downtown employers.
• Rare Long-Term Ownership Opportunity – A true legacy asset in a supply-constrained historic downtown environment where comparable landmark properties rarely become available.