610 Main StCentralia, WA 98531

Property Details for 610 Main St

Year built

1935

Construction

WOOD

Lot size

0.17 AC

Property size (Sq ft)

3,800 SF

Property type

Retail properties

Property subtype

Other retail properties

APN

460002000

APU

460002000

Description

This exceptional investment opportunity presents a well-maintained 3800-square-foot commercial building ideally situated on Main Street in Centralia, WA. Boasting high visibility and significant traffic counts, this property offers unparalleled potential for business growth. Its prime location ensures easy access to a diverse clientele, with proximity to Centralia College, the downtown area, and Interstate 5 providing exceptional convenience. The building's design allows for dual occupancy, with one side currently generating income. This presents a unique opportunity to establish your own business within the second space, maximizing return on investment. The property's excellent condition and strategic location make it an attractive proposition for savvy investors seeking a strong foothold in a thriving Centralia market. The asking price reflects a compelling value proposition for a property with such significant income-generating potential and prime location advantages. This is a rare chance to acquire a well-established commercial property in a high-demand area, offering both immediate income and long-term growth prospects. Don't miss this chance to secure a valuable asset in a rapidly developing commercial corridor. The property is priced to sell and ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,511,585

  6.5%

  $1,395,310

  7%

  $1,295,645

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,567,938

  Geo Method

  $1,844,146

• Alternative Use

  Use

  Valuation

  Residential

  $1,176,996

  Hospitality

  $1,078,122

  Educational

  $896,985

  Medical

  $927,833

  Retail

  $1,395,310

Location Insight

City

Centralia

County

Lewis

State

Washington

Latitude

46.7173

Longitude

-122.961

CBSA code

16500

CBSA name

CENTRALIA, WA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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