217 S Tower, Centralia

$1,350,000

Listing Office: On Point Real Estate.

0 Bed
0 Bath
.26 Acre
0 Garage

Excellent hands-off investment returning a steady 7.6% cap rate from long-term tenants. Or, if you want to use the ballroom and related facilities yourself, the upstairs tenant could withdraw to a nearby facility. The structure is very well kept, has a new roof, recent mechanicals and virtually no deferred maintenance. All the taxes, insurance etc is paid by the tenants. The ground floor is occupied by a long-established beauty college.

Essential Information
MLS® #2156181
Price$1,350,000
Bathrooms0.00
Acres0.26
Year Built1926
TypeCommercial Sale
Sub-TypeCommercial Industrial
StatusActive
Community Information
Address217 S Tower
Area426 - Centralia
SubdivisionCentralia
CityCentralia
CountyLewis
StateWA
Zip Code98531
Amenities
Parking Spaces11
Interior Features

Fir/Softwood, Hardwood, Wall to Wall Carpet

Heating

Ductless HP-Mini Split, Forced Air, Heat Pump

Cooling

Ductless HP-Mini Split, Forced Air

Exterior
Exterior FeaturesBrick, Cement/Concrete
FoundationPoured Concrete
Additional Information
Days on Market243
Property History
Price Reduced from $1,500,000 to $1,350,000
LISTING MAP

Get directions to this property:

Properties for Sale Similar to 217 S Tower, Centralia, WA

Photo of Listing #2225314

301 South Street, Centralia

$1,165,000

MLS® # 2225314

Northwest Multiple Listing Service Logo
Photo of Listing #2225282

301 South Street, Centralia

$1,045,000

MLS® # 2225282

Northwest Multiple Listing Service Logo
Photo of Listing #2223169

201 202 Shirlee Street, Centralia

$1,200,000

MLS® # 2223169

Northwest Multiple Listing Service Logo

All listings featuring the icon Northwest Multiple Listing Service Logo are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2024. All rights reserved. The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by The Cascade Team Real Estate and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing information last updated on May 3rd, 2024 at 1:58am CDT.