300 S Tower Avenue, Centralia, WA 98531

$699,000

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Listing Broker: CENTURY 21 Lund, Realtors; Kip Barker; 360-520-0345; kip.barker@century21lund.com

List Price
$699,000
Status
ACTIVE
MLS#
2590467
Days on Market
1
Annual Tax Ammount
3385

Property Description

Excellent commercial investment or owner-user opportunity with high visibility and street frontage on two sides. This corner property offers approximately 12,000 SF of commercial, retail, mechanical, and office space, plus an additional 3,000 SF of second-floor storage. The current layout is approximately 60% retail showroom and 40% parts/service area, offering flexibility for a variety of uses.Convenient loading access includes a dock on the north side and a loading ramp at the northeast corner. The previous business has operated from this location for more than 29 years.With its size, visibility, and flexible layout, the property offers potential for retail, office, service, warehouse, or a combination of uses, including possible division for multiple occupants. Buyer to verify all permitted uses, zoning, code requirements, and feasibility to buyer’s satisfaction. Shown by appointment only.

Additional Information

Community
Centralia
Building Condition
Good
Style
61 - Comm Bldg Ovr 10K
Year Built
1920
Roof
See Remarks, Torch Down
Tax Year
2026
Potential Terms
Cash, Conventional, Lease Purchase, Owner Will Carry, See Remarks
Flooring
Concrete, Carpet
Driving Directions
I-5 exit take Harrison Ave toward downtown Centralia Harrison turns into Main St, stay Main St to Pearl, Right Turn onto S Pearl St, 3 blocks then left on to W Pear St, Left on to S Tower.
Other Expenses
1200
Energy Source
Electric, Natural Gas
Net Operating Income
$54,000
Gross Adjusted Income
$54,000
Gross Scheduled Income
$54,000
Cap Rate
7.7
Based on information submitted to the MLS GRID as of . 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.
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