510 State Avenue NE, Olympia, WA

Retail for Lease - $20 SqFt/Year - 92,017 SqFt Available


Agent Info

Debbie Draper-Aikins
Coldwell Banker Evergreen Olympic Realty, Inc.

Property Info

CIMLS#492369
Location
  510 State Avenue NE
  Olympia WA 98501
UpdatedJune 16th, 2026
TypeRetail
Price$20 SqFt/Year
Building92,017 SqFt

Property Description

Available Retail Space | 1,550 & 2,073 SF

Lease rate is $20.00 per square foot plus $8.00 in NNN fees

Generous tenant improvement allowance for qualified tenants

PROJECT DESCRIPTION

Newly built Westman Mill is located on historic State Ave. in downtown Olympia. With daily traffic counts reaching 13,000, this is the doorway to downtown Olympia.

Coupled with this great visibility, retail tenants will also benefit from a vibrant surrounding community. Across the street to the north is the state’s most popular children’s museum, bringing over 300,000 visitors each year. One block south is City Hall with over 550 daily employees and visitors. Also, just blocks away are two thriving marinas, Percival Plaza Boardwalk, Farmers Market and a number of great restaurants. Just a few blocks east is the bustling Bigelow and East Bay neighborhoods, home to 8,043 residents, that have long supported businesses in downtown Olympia.

Westman Mill has been designed for a restaurant on the East end with outdoor seating. Both suites would be great retail space or general office. Next door to the new Sophie’s Scoops. Two remaining retail/office spaces. These tenants will also be supported by a built-in customer base in the 85 residential units built in the five floors above.

Westman Mills truly represents a special opportunity for retailers and restauranteurs looking for a unique and thriving environment from which to operate.



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