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105 N Tower Avenue

Centralia, WA 98531
  • $1,200,000
  • STATUS: Contingent
  • ON SITE: 544 days
  • ID#: 1560624
Under Contract
UPDATED: 58 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 Hao Dang and Associates | Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-08-01T10:14:01.737.

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

  • Price: $1,200,000
  • Status: Contingent
  • Updated: 58 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 Hao Dang and Associates | Windermere Real Estate 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 Hao Dang and Associates | Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-08-01T10:14:01.737.

 
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Hao Dang and Associates | Windermere Real Estate
11100 Main St., Ste 200
Bellevue WA, 98004
Listing Courtesy of Blade Realty Llc.