217 S Tower, Centralia, WA 98531

Active

217 S Tower, Centralia, WA 98531


Courtesy of: Scott Horner | RE/MAX Key Land Co.
$1,350,000 Centralia, WA 98531
  • 0.26 Acres
  • Lewis County

Key Features

  • MLS ID: 2156181
  • Year Build: 1926
  • Status: Active
  • Property Type: Commercial Sale
  • Area: 426 - Centralia
  • Exterior: ["Brick","Cement/Concrete"]
  • Address: 217 S Tower , Centralia, WA 98531
  • City: Centralia
  • State: WA
  • Zip: 98531
  • County: Lewis

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.

Property Map

Exit 81 from I-5 easterly into Centralia on Mellon-Alder-Cherry, left on Tower to address on left.

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