• Business - 360.352.7651
  • Direct - 360.451.9235

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Listing provided courtesy of Van Dorm Realty, IncNWMLSMLS# NWM2455211MLS Provider
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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.

Source: NWMLS, MLS#: NWM2455211

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  • Property Type
    Commercial Sale
  • Lot
    0.14 acres

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John Duerr

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  • Median Age
    39
  • Population Density
    1,220
  • College Educated
    55%
  • Estimated Median Income
    $78,324
  • Estimated Total Home Owners
    10,333
  • Estimated Total Renters
    7,364
  • Owner / Renter Divide
    58% / 42%
  • Estimated Average Household Size
    2
  • Total Population
    43,584
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 112 Cherry Street NE

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/30/2026Source: NWMLS Price Reduction
$1,175,000 -4.1%
5/19/2026Source: NWMLS Price Reduction
$1,225,000 -5.8%
12/8/2025Source: NWMLS Added to Database
December 08, 2025