$1,150,000 $6,173 est/mo Sourced by Back At You

217 S Tower,Centralia, WA 98531

Centralia WA, 98531

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Description

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.

Details

MLS#2156181
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year1926
Days On Site322
Listing Provided ByOn Point Real Estate | Scott Horner
Buying Commision2%

Features

Units3
Acreage0.26

Market Activity 98531

 The three trees icon appears on listings courtesy of NWMLS.

 Listings courtesy of NWMLS as distributed by MLS GRID.

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Listings Checked: 3 minutes ago
StateWA
CountyLewis
CityCentralia
Zip Code98531
Area426 Centralia
Community NameCentralia
Listing VS Median (in Centralia)
Price:
$1,150,000
low | high
Med:
$399,000
100% of Average
On Site:
322
low | high
Med:
78.000000
100% of Average
Sourced by Back At You
Listing Updated: July 15, 2024 at 10:01:05 AM PDT