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    105 N Tower Avenue

    Centralia, WA 98531
    • $1,200,000
    • STATUS: Active
    • ON SITE: 437 days
    • ID#: 1560624
    UPDATED: 71 min ago
    $1,200,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Listing Courtesy of Blade Realty Llc.

    Description

    Iconic Field and Lease Building. 2 story, mixed use, with 5 storefront/retail suites, 6 second floor offices & 1600 sq ft Penthouse apartment. Very stable occupancy in desirable downtown historic district. The building is 17% owner occupied. Strong cap rate with several long term successful retailers. Leases are on modified gross expense structure. Elevator is not operating and is need of repair.

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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 Lucas Pinto Real Estate Group | Compass are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-04-16T15:15:24.51.

    www.lucaspintoteam.com/homes/102858916
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    105 N Tower Avenue Centralia, WA 98531

    • Price: $1,200,000
    • Status: Active
    • Updated: 71 min ago
    • ID#: 1560624
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    1900
    Built
    Neighborhood:
    Centralia
    County:
    Lewis
    Area:
    Centralia
    Property Description
    Iconic Field and Lease Building. 2 story, mixed use, with 5 storefront/retail suites, 6 second floor offices & 1600 sq ft Penthouse apartment. Very stable occupancy in desirable downtown historic district. The building is 17% owner occupied. Strong cap rate with several long term successful retailers. Leases are on modified gross expense structure. Elevator is not operating and is need of repair.
    Exterior Features

    Carport YN No Covered Spaces 0 Exterior Features Cement/ConcreteStone Foundation Details Poured Concrete Open Parking YN No Parking Total 0 Roof Flat Structure Type Unspecified Style Code 61 - Comm Bldg Ovr 10K Topography Level

    Interior Features

    Fireplace YN No Flooring HardwoodVinylCarpet Furnished Unfurnished

    Property Features

    Building Features ElevatorStorage Electric On Property YN No First Right Of Refusal False Gross Adjusted Income 87380 Gross Scheduled Income 105000 Insurance Expense 6000 Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 86318 Possible Use CommercialOfficeRetail Power Production Type ElectricNatural Gas Property Condition Good Property Sub Type Commercial Industrial Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 7556 Tax Year 2020 Total Expenses 17620 Utilities Sewer ConnectedElectricity AvailableNatural Gas Connected Water Sewer Garbage 2100 Water Source Public Zoning Class CommercialOfficeRetail 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 Lucas Pinto Real Estate Group | Compass 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 Lucas Pinto Real Estate Group | Compass are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-04-16T15:15:24.51.

     
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    Lucas Pinto Real Estate Group | Compass
    501 E Pike Street, Suite 200a
    Seattle WA, 98122
    Listing Courtesy of Blade Realty Llc.