1800 Cooper Point Road SW, #2, Olympia, WA 98502

$814,999
Active for Sale
 
Listing ID 55023834
Property Type Commercial
County Thurston
Unit 2
Total Tax $6,018
Tax ID 82870000200
FEMA Flood Map fema.gov/portal
Year Built 1996
Virtual Tour
Positioned in Olympia's highly sought-after Cooper Point professional corridor, this meticulously maintained office building offers a rare turnkey investment opportunity. Fully occupied with stable, low-impact tenants, the property provides immediate income and long-term upside with minimal management requirements. Designed for functionality and flexibility, the building features two mirrored suites-each complete with reception areas, private offices, kitchenettes, and ADA-compliant restrooms-plus a total of 12 private offices. Thoughtful upgrades include sound-retention construction in select spaces, water access beneath the flooring for adaptable layouts, and digital punch-code door locks throughout for streamlined access control. Interior and exterior camera systems add an extra layer of security, while rain chains and drainage enhancements reflect the property's careful upkeep. Located within a well-established 23-building professional office park, the property benefits from strong surrounding tenancy including legal, medical, and service-based professionals. Excellent visibility, ample shared parking, and convenient access to I-5, shopping, dining, and state offices further enhance its appeal. As an added value, ownership includes a 4.5% interest in Building #13-providing shared amenities and additional income potential. With a history of easy, hands-off management and long-term tenant stability, this asset is ideal for investors, owner-users, or 1031 exchange buyers.
Property Details
  • 0.34 Acres
  • 15015 SF Lot
  • Built in 1996
  • Unit 2
  • 12 Units
Interior Features
  • Carpet Flooring
  • Forced Air
Exterior Features
  • Asphalt Shingles Roof
  • Community Water
  • Subdivision: Olympia
Commercial Info
  • 5.00% Cap. Rate
Income/Expenses
  • Net Income $47,119
  • Insurance Exp $2,700
  • Electric Exp $6,186
Taxes and Fees
  • $6,018 Total Tax
  • Tax Year 2026
  • $350 per month Maintenance
Listed By
eXp Realty
Office: 888-317-5197
eXp Realty
Office: 888-317-5197
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