Listing provided courtesy of Greene CommercialNWMLSas Distributed by MLSGrid- MLS# NWM2533889
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Request Info502 Custer WayTumwater, WA 98501
Commercial · 0.19 Acres$1,199,000
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502 Custer Way Overview
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This is a rare opportunity to own a unique property in Tumwater's Brewery District. The flexible space includes an industrial warehouse, a secure private parking garage, and retail or office frontage on Custer Way. The building is well-suited for a brewery, tap room, or small contractor. Rare combination of street-level retail with warehouse. Opportunities like this do not come up often.
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502 Custer Way Facts & Features
- Type Commercial
- Lot 0.19 Acres
Details
General
Association/HOA
- Association Fee: $0.00
Income/Expenses
- Other Expense: 1800
- Gross Scheduled Income: 80330
- Insurance Expense: 11647
- Net Operating Income: 55411
- Total Expenses: 24919
- Water/Sewer/Garbage: 2981
Building Information
- Year Built: 1948
Location/Region
- Country: US
- County Or Parish: Thurston
- MLS Area Major: 448 - Olympia South
- Subdivision Name: Tumwater
Tax Information
- Tax Annual Amount: $8,491.00
- Tax Year: 2026
General Information
- Listing Terms: Cash, Lease Purchase
- Parcel Number: 84900201300
- Possible Use: Commercial
- Property Condition: Average
- Property Sub Type: Commercial Industrial
- Property Type: Commercial Sale
- Senior Community: No
- Special Listing Conditions: None
Interior
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Approximate Building Square Feet: 13906
- Building Area Total: 0
- Building Area Units: Square Feet
- Calculated Square Footage: 0
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: Yes
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Concrete, Hardwood
- Foundation Details: Pillar/Post/Pier, Poured Concrete
- Heating: Yes
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric,Natural Gas
Exterior
Parking Information
- Open Parking: No
- Parking Total: 0
Lot Information
- Irrigation Water Rights: No
- Lot Size Acres: 0.1946
- Lot Size Square Feet: 8475
- Lot Size Units: Square Feet
- Topography: Level
- Elevation Units: Feet
- Water Source: Public
Building Exterior/Construction
- Roof: See Remarks
- Structure Type: Unspecified
General Information
- Carport: No
- Exterior Features: Brick, Metal/Vinyl, Wood
- Number Of Units Total: 1
- Sewer: Sewer Connected
Unit Information
Unit 1 Details
- Unit Type: Retail
- Actual Rent: 5050
502 Custer Way Neighborhood
Community
98501 (Olympia) Demographics
39
Median Age
1,220
Population Density (per sq. mile)
55%
College Educated
$78,324
Estimated Median Income
10,333
Estimated Total Home Owners
7,364
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.502 Custer Way Monthly Cost
502 Custer Way Market Data
Based on the last 30 days in this zip code
$644,885
Average List Price
$291
Average Price per Square Foot
52
Properties Sold
67
Average Days on Market
199
Properties for Sale
502 Custer Way History
| Date | Value | Agent |
|---|---|---|
| 6/2/2026Source: NWMLS | June 02, 2026 |