Listed by Kidder Mathews Tacoma, Kidder Mathews Olympia
$3,600,000
115 New View Ct NE
Details
Property Type Office
Sub Type Medical Office
Square Footage 9,520
Units 4
Tenancy Vacant
Price per SqFt $378
Class A
Year Built 2009
Stories 2
Acreage 1.100
Zoning HDC - High Density Corridor
Parking Spaces 4.20 per 1,000 sq ft
Investment Type Owner/User
Office | 9,520 SqFt
Marketing description
Kidder Mathews is pleased to present a unique healthcare investment opportunity at 115 New View Ct NE, Olympia, WA.
The 9,520 SF building is purpose-suited for a standalone ASC or medical clinic, situated on 1.1 acres within the HDC High Density Corridor zone. The property was built/renovated in 2009 and offers turnkey potential for an owner-user or healthcare operator looking to establish or expand a clinical presence in one of Olympia's most medically concentrated corridors. The site's proximity to Providence St. Peter Hospital and the healthcare-dense Lilly Road corridor makes it an exceptional location for patient accessibility and referral network integration.
Investment highlights
- Situated in Olympia's most medically concentrated corridor along Lilly Road NE, 115 New View Ct NE offers immediate access to a robust referral network. Providence St. Peter Hospital is less than 1 mile away, with neighboring providers including South Sound Radiology, Pulse Heart Institute, Oly Heart & Vascular Institute, Gastro Health, and more. I-5 is just 0.5 miles south, providing quick regional access for patients and staff alike.
- The 9,520 SF Class A building is fully built out for clinical and surgical use, featuring 6+ exam rooms, 2 ASC operatory rooms, 5 private office suites, a large reception and waiting area, and a separate ASC lobby. An incoming operator can expect minimal out-of-pocket buildout costs and a fast path to occupancy.
- The property offers on-site parking at 4.2/1,000 SF — well above the typical medical office standard — supporting high patient volume and multi-provider operations without the parking constraints common in dense medical campuses.
- The sale includes the opportunity to acquire two additional adjacent lots totaling 1.47 acres, available for overflow parking, future building expansion, or ground-up development, priced at $700,000. This is a rare chance to control meaningful land in an established medical corridor where vacant sites are essentially nonexistent.
- 115 New View Ct NE is a true Class A medical asset — a well-maintained, purpose-built facility with a professional exterior presence that reflects the quality of care delivered inside. Properties of this caliber and buildout specificity rarely come to market in the South Sound.
- Priced at $3,600,000.00, this offering is well-suited for an owner-user practice seeking a permanent clinical home or an investor looking to acquire a stabilized, healthcare-specific asset in a supply-constrained submarket.
Listing Contacts
Listed by Kidder Mathews Tacoma, Kidder Mathews Olympia
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