509 Dehart Drive SE Olympia, WA 98501
Unlock the potential of this uniquely positioned commercial property in the heart of Olympia! Zoned HDC-4 per the City of Olympia, this property offers a wide range of development opportunities including multi-family, office, retail, mixed-use, and more. Situated between Pacific Ave and Martin Way, this location offers excellent visibility and accessibility for your next investment venture. Minutes from I-5. Existing home structure was originally built in 1901 and relocated to the property in 1964. The structure has sustained fire damage and is currently not habitable, presenting an opportunity to rehabilitate, repurpose, or redevelop utilizing the existing footprint. Bring your vision and creativity to this versatile property with endless possibilities. Buyer to verify all information and development potential to their own satisfaction. Bring your agent and check out this investment property.
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Based on information submitted to the MLS GRID as of 6/5/2026 12:00:00 AM (date and time MLS GRID Data was obtained). 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID
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Price History
| date | event | price | source |
|---|---|---|---|
|
05/12/2026
05/12/2026
|
Active |
$445,000
|
NWMLS - Northwest MLS - Seattle |
Market Trends
Source: Constellation1
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