Date
Details
Price
Change
Source
8/26/2026
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,500,000 Just Listed
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Property Description
Discover a rare investment opportunity with this versatile 16,076 SF two-story office building, ideally positioned on a high-visibility corner lot with prime commercial arterial frontage. The property offers convenient access to I-5 (both northbound and southbound), abundant on-site parking, and strong street exposure-making it a compelling choice for a wide range of commercial users. The flexible floor plan is well-suited for conversion into a realtor's office, professional suites for legal or accounting practices, or similar business uses. Currently, three of the six office units are leased, providing immediate income with room for lease-up upside. The building also features two full kitchens and two restrooms, adding practical value for tenants. This is an excellent opportunity for investors seeking a stable, income-producing asset with strong long-term appreciation potential in a highly desirable location. Opportunity knocks-schedule your tour today.
Full Property Details
Full Property Details for 2607 Martin Way E
General
- Price: $2,500,000
- Status: Active
- Type: Industrial
- Source: NWMLS
- MLS ID: 2571859
- Updated: 8/26/2026
- Added to Site: 2 day(s) ago
Interior
- Flooring: Laminate, Vinyl, Carpet
Parking
- Uncovered Spaces: 62
Location
- Area: 447 - Olympia North
- County: Thurston
- Subdivision: Olympia
- Driving Directions: (Exit 109) West on Martin Way, Left @ Phoenix Left 1st driveway.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Heat Pump
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Unspecified
- Exterior Const.: Cement/Concrete
- Foundation: Poured Concrete
- Roof: Flat
- Year Built: 1976
Lot Features
- Lot Size (Acres): 0.8767
- Lot Size (Sq. Ft.): 38,188
- Lot Size Source: Public Records
- Topography: Level
- Zoning: Commercial, Office
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 11818320900
Listed by Hyun Rim | Keller Williams South Sound | (360) 786-6900
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NMLS#: 1598647
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Schools
Schools serving 2607 Martin Way E
School District:Olympia School District
| Name | Grades | Distance |
|---|---|---|
Olympia Regional Learning Academy B 2400 15th Avenue Southeast, Olympia, WA 98501 | K-5 | 0.6 mi |
Roosevelt Elementary School, Olympia, WA 1417 San Francisco Avenue Northeast, Olympia, WA 98506 | K-5 | 1.2 mi |
Reeves Middle School 2200 Quince Street Northeast, Olympia, WA 98506 | 6-8 | 1.8 mi |
Olympia High School 1302 North Street Southeast, Olympia, WA 98501 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2607 Martin Way E
Tax History
Tax History for 2607 Martin Way E
Year
Property Taxes
Change
Tax Assessment
Change
2026
$24,500
1%
$2,323,700
—
2025
$24,353
-7%
$2,326,700
-7%
2024
$26,048
-16%
$2,494,000
22%
2021
$30,881
4%
$2,041,800
-31%
2023
$29,572
-4%
$2,968,800
24%
2021
$30,881
2%
$2,395,700
5%
2020
$30,135
28%
$2,280,700
19%
2019
$23,461
-9%
$1,912,500
—
2018
$25,692
6%
$1,909,100
-2%
2017
$24,317
-10%
$1,950,050
-13%
2016
$27,144
-12%
$2,242,550
-9%
2015
$30,765
3%
$2,465,250
5%
2014
$29,907
—
$2,343,350
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2607 Martin Way E
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- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 2Total Baths
- 1,740Sq. Ft.
Listed by Greg Gallagher | Real Estate Gladiators
- Single Family
- Active
- Updated 19 hours ago
- 3Beds
- 3Total Baths
- 1,630Sq. Ft.
Listed by Ashleigh Camberg | PCS Home Group
- Manufactured Home
- Active
- Updated 5 days ago
- 2Beds
- 2Total Baths
- 1,248Sq. Ft.
Listed by Steven Pust | Century 21 Van Dorm Realty
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 1,872Sq. Ft.
Listed by Susan Roewe | RE/MAX Advantage
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- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 3Total Baths
- 1,826Sq. Ft.
Listed by Tami Spurbeck | Redfin
- Single Family
- Active
- Updated 10 hours ago
- 3Beds
- 3Total Baths
- 2,216Sq. Ft.
Listed by Ted Leland | Abbey Realty Inc
- Single Family
- Active
- Updated 3 days ago
- 6Beds
- 4Total Baths
- 3,334Sq. Ft.
Listed by Mel Durham | Coldwell Banker Evergreen
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 1,877Sq. Ft.
Listed by Nathaniel Dickison | Century 21 Van Dorm Realty
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- Single Family
- Closed
- 3Beds
- 3Total Baths
- 4,247Sq. Ft.
Listed by Tim Fischer | Windermere West Metro and Corey B Richardson | Windermere West Metro
Sold by Denise Steigers | Olympic Sotheby's Int'l Realty
Sold by Denise Steigers | Olympic Sotheby's Int'l Realty
2607 Martin Way E, Olympia, WA 98506 (MLS# 2571859) is a Industrial property. 2607 Martin Way E is currently listed for $2,500,000 and was received on August 26, 2026. Want to learn more about 2607 Martin Way E? Do you have questions about finding other Industrial real estate for sale in Downtown Olympia? You can browse all Downtown Olympia real estate or contact a Coldwell Banker agent to request more information.