$2,550,000
Est. $12,867/mo403 Se Cleveland Ave, Tumwater, WA 98501
• Listed 2025-12-12•167 days on market
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Based on information submitted to the MLS GRID as of December 24, 2025 at 09:52am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Excellent investment opportunity! This 2-story, freestanding mixed-use property is strategically located in the heart of Tumwater's Brewery District. Totaling 21,380 sq ft across 5 units, three are currently leased with additional space ready for tenants. Versatile zoning accommodates daycare, medical/dental, showroom, gym, brewery, restaurant, office, or retail uses. Second-floor storage adds flexibility. Outstanding parking and easy access to downtown, state office buildings, and I-5.
Listed by Amy Wang • RE/MAX Town Center
Listing updated: December 24, 2025 at 09:52am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2460951
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (3)
See more →
Open Wed, Jun 10 +7
Open Wed, Jun 10 +6
Open Sun, Jun 14$329,000
-$2,221,000 under list price
Nearby comparable homes
RexMont uses 2 strongest recent nearby sales, priced between $295K and $362K.
Rental earnings
$975/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$295,000Last sold price
509 N 3rd Avenue, Tumwater, WA 98512
$362,000Last sold price
817 Grant Street Sw, Tumwater, WA 98512
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
403 Se Cleveland Ave, Tumwater, WA 98501
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
$14,772 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Tumwater is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 11 days.
$590,000 Sold
4 months ago
3 bd•2 ba•~2,284 sq ft•Single Family
532 Eskridge Way Se, Olympia, WA 98501
3%
Under list
—
Days on market
0.5 mi
Distance
$535,000 Sold
5 months ago
3 bd•2.5 ba•~1,822 sq ft•Single Family
4901 Delta Lane Se, Tumwater, WA 98501
3%
Under list
—
Days on market
0.9 mi
Distance
$445,500 Sold
6 months ago
4 bd•1.5 ba•~3,416 sq ft•Single Family
2501 Otis Street Se, Olympia, WA 98501
11%
Under list
—
Days on market
0.7 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
