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    217 S Tower Avenue

    Centralia, WA 98531
    • $1,300,000
    • STATUS: Active
    • ON SITE: 195 days
    • ID#: 1696150
    UPDATED: 59 min ago
    $1,300,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1926
    County:
    Area:

    School Ratings & Info

    Listing Courtesy of Re/Max Key Land Co..

    Description

    Excellent investor opportunity. Strong 8.3% cap rate based on leases with long-term commercially successful tenants. This is a very good structure with low maintenance needs.

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    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 NextHome South Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-21T17:14:25.36.

    www.nexthomesouthsound.com/homes/112450152
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    217 S Tower Avenue Centralia, WA 98531

    • Price: $1,300,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: 1696150
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    1926
    Built
    Neighborhood:
    Centralia
    County:
    Lewis
    Area:
    Centralia
    Property Description
    Excellent investor opportunity. Strong 8.3% cap rate based on leases with long-term commercially successful tenants. This is a very good structure with low maintenance needs.
    Exterior Features

    Carport YN No Exterior Features Brick Foundation Details Poured ConcreteSlab Open Parking YN No Parking Total 11 Parking Uncovered Total 11 Roof Built-UpComposition Site Frontage 95 Structure Type Unspecified Style Code 61 - Comm Bldg Ovr 10K

    Interior Features

    Cooling YN Yes Fireplace YN No Flooring SoftwoodHardwoodVinylCarpet Furnished Unfurnished Heating Cooling Type Ductless Hp-Mini SplitForced AirHeat Pump Heating YN Yes Interior Features Forced AirHeat PumpFir/SoftwoodHardwood

    Property Features

    Building Features Disabled AccessElevatorSignage Included Electric On Property YN No First Right Of Refusal False Gross Adjusted Income 117000 Gross Scheduled Income 117000 Insurance Expense 3250 Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 107580 Possible Use Commercial Power Production Type Electric Property Condition Very Good Property Sub Type Commercial Industrial Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 6170 Tax Year 2020 Total Expenses 9420 Utilities Sewer ConnectedElectricity Available Water Source Public Zoning Class Commercial Zoning Jurisdiction City

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by NextHome South Sound and should be verified by the buyer.


    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 NextHome South Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-21T17:14:25.36.

     
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    NextHome South Sound
    1570 Wilmington Dr., Suite 200
    DuPont WA, 98327
    Listing Courtesy of Re/Max Key Land Co..