6528 Capitol Boulevard SE

Tumwater, WA 98501

  • Bed

  • Bath

  • 0 SqFt

  • 1 DOM

  • Built: 1992

  • Status: Active

$1,525,000

X

6528 Capitol Boulevard SE

Tumwater 98501

$1525000

  • Bed

  • Bath

  • 0 SqFt

  • 1 DOM

  • Built: 1992

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

Pleased to present the opportunity to acquire 7,340 SF retail building, ideally positioned for an owner-user or value-add investor. The property is currently 29% vacant, with an additional 40% occupied by BJ Paint Shop on a month to-month lease at below market rent. This provides an owner-user the opportunity to occupy up to 5,000 SF or allows a value-add investor to stabilize the property at an estimated cap rate above 8%. Current ownership has invested over $75,000 in capital improvements, including a new HVAC system for Unit B, upgraded exterior lighting, fence replacement, and extensive tenant improvements to Unit D - the currently available suite.

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Residence Information

  • 0

  • 75 - Retail

  • 1992

Features and Utilities

  • See Remarks

  • Available

Financial

  • See Remarks

  • 06-18-2025

Comparable Information

  • 1

  • 1

  • See Remarks

  • $1,525,000

  • $1,525,000

  • Jun 18, 2025 18:02

Schools

Map

Listing courtesy of Kidder Mathews.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Jun 19, 2025 06:33 | Listing last modified Jun 18, 2025 18:02. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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