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$1,150,000

Reduced $150,000 — was $1,300,000

112 Cherry Street

Olympia, WA 98501

Active

Beds

Baths

Sq Ft

Lot

0.14 ac

Year built

1920

Type

Commercial Sale

Days listed

279

MLS #

2455211

About this home

Prime downtown Olympia location! This 5,867 SF steel-reinforced concrete building (built in 1920) sits on a 0.14-acre lot and has over 25 years of successful restaurant history. Zoned Retail-Food Downtown Business, the building features large street and alley facing windows, a flexible 50/50 dining and bar layout with skylit dining area with remote solar shades. The large kitchen features two vent hoods, dishwasher area with room for walk-in cooler. The spacious bar with alley facing widows, beverage center and ice bin room. There's a private banquet/VIP room in back with separate alley side entrance. Two HVAC systems and security system. Excellent owner-user or investment opportunity in a high-traffic, established hospitality corridor.

Exterior features

Cement/ConcreteSee RemarksStucco

Property details

Heating
Forced Air
Cooling
Central Air
Flooring
Ceramic Tile, Concrete, Vinyl
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$13,824 (2025)

Estimate your monthly payment

$6,967/mo

Principal & interest
$5,815
Property taxes
$1,152
Loan amount $920,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Olympia, WA 98501

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Van Dorm Realty, Inc— Michael T. Smith.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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