Most listings are in the $40's per square foot per year. The Downtown Olympia submarket is going through a an increase in rates. In the last 3 months, the median rate rose $44 per sqft per year.
In the last 90 days, 11 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available space in the Downtown Olympia are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 210 sqft. Most properties in this market are close to 2 stories. Most buildings in this area were built in 1975 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Olympia residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.