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$950,000 -$49,000 (-4.9%) Price Reduced
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Property Description
Remarkable opportunity in the heart of Tumwater's evolving Brewing District. This high-visibility retail/office building has great frontage exposure on high-traffic Custer Way. Abundant parking in the rear of the building offers maximum exposure. Modern construction and strong curb appeal. Building offers flexibility with multiple units/suites, creating opportunities for the savvy investor or owner/user. Don't miss this tremendous once-in-a-generation opportunity. The adjacent parcel is also listed for sale.
Full Property Details
Full Property Details for 510 Custer Wy
General
- Price: $950,000
- Taxes: $11,071 (2026)
- Status: Active
- Type: Industrial
- Source: NWMLS
- MLS ID: 2533851
- Updated: 9/4/2026
- Added to Site: 99 day(s) ago
Interior
- Flooring: Concrete, Carpet
Location
- Area: 448 - Olympia South
- County: Thurston
- Subdivision: Tumwater
- Driving Directions: From I-5, take Exit 103. Follow signs for Custer Way. The property is at 510 Custer Way, situated between Capitol Blvd SE and Cleveland Ave SE in the Brewery District.
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.: Brick, Metal/Vinyl
- Foundation: Poured Concrete
- Roof: See Remarks
- Office: 5,244 Sq. Ft.
- Year Built: 2004
- Property Condition: Good
Lot Features
- Lot Size (Acres): 0.2774
- Lot Size (Sq. Ft.): 12,082
- Lot Size Source: Assessor
- Topography: Level
- Zoning: Commercial
Financial Considerations
- Tax Amount: $11,071
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 84900201200
Listed by Quint Newell | Greene Commercial | (360) 528-4167
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Schools
Schools serving 510 Custer Wy
School District:Tumwater School District
| Name | Grades | Distance |
|---|---|---|
Tumwater Hill Elementary School 3120 Ridgeview Loop Southwest, Tumwater, WA 98512 | K-5 | 1.2 mi |
Tumwater Middle School, Tumwater, WA 6335 Littlerock Road Southwest, Tumwater, WA 98512 | 6-8 | 2.1 mi |
A G West Black Hills High School 7741 Littlerock Road SW, Tumwater, WA 98512 | 9-12 | 3.5 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 510 Custer Wy
Date
Details
Price
Change
Source
9/04/2026
Price Reduced
$950,000
-4.9%
MLS
5/29/2026
Listed
$999,000
399.5%
MLS
4/01/1991
Sold
$200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 510 Custer Wy
Year
Property Taxes
Change
Tax Assessment
Change
2026
$11,071
4%
$1,111,800
4%
2025
$10,656
16%
$1,071,800
33%
2021
$9,202
-22%
$804,700
-33%
2023
$11,774
28%
$1,208,000
68%
2021
$9,202
-5%
$718,000
-2%
2020
$9,727
26%
$735,900
18%
2019
$7,700
-4%
$621,300
—
2018
$8,041
2%
$623,300
4%
2017
$7,856
-9%
$599,600
-5%
2016
$8,588
4%
$633,300
4%
2015
$8,246
8%
$606,200
11%
2014
$7,611
—
$547,950
—
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 510 Custer Wy
510 Custer Way, Tumwater, WA 98501 (MLS# 2533851) is a Industrial property. 510 Custer Way is currently listed for $950,000 and was received on May 29, 2026. Want to learn more about 510 Custer Way? Do you have questions about finding other Industrial real estate for sale in Tumwater? You can browse all Tumwater real estate or contact a Coldwell Banker agent to request more information.

