300 S Tower Ave
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300 S Tower Ave
12,000 SF 100% Leased Retail Building Centralia, WA 98531 $899,000 ($75/SF)
Executive Summary
With street frontage on 2 sides, this corner building has 12,000 square feet of commercial/Retail/Office space with 3,000 square feet of bonus storage on the second floor. Current use is 60% retail showroom with 40% parts & service area. Easy access with a loading dock on the north end of the building and a loading ramp into the NE corner of the building. Current business has been in this building for 28+ years. Building could be used as retail space, divided into office space, possible warehouse space or any combination. Rents are all Pro-Forma based on NNN. Out of courtesy to the tenant, shown by appointment only.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,000 SF
Year Built/Renovated
1920/1990
Price
$899,000
Price Per SF
$75
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.98
Land Acres
0.28 AC
Walk Score ®
Very Walkable (85)
PROPERTY TAXES
| Parcel Number | 001219-001-000 | Improvements Assessment | $130,100 |
| Land Assessment | $239,800 | Total Assessment | $369,900 |
PROPERTY TAXES
Parcel Number
001219-001-000
Land Assessment
$239,800
Improvements Assessment
$130,100
Total Assessment
$369,900
-
Kip Barker -
Julie Lund -
Century 21 Lund, Realtors
1 of 20
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300 S Tower Ave
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