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500 N Tower Street

Centralia, WA 98531
  • $1,600,000
  • STATUS: Active
  • ON SITE: 7 Days
  • ID#: 1867417
UPDATED: 35 min ago
$1,600,000
  • 0
    BEDS
  • 0.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 24,000
    SQFT
  • $67
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1935
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of Century 21 Lund, Realtors.

Description

Attention Multi Family Investors! This well maintained building has 7 residential apts on upper level. Plus full lower level commercial rentals including full restaurant facility. Amazing space with 2 waterfalls and modern decor. Loft area for cocktails and fun! 7 apts are always rented. Over 13000 sq ft of paved parking or expansion. High visibility on corner lot in Downtown core. Extra paved lot included. Several commercial rental spaces. Perfect for health or beauty business. This will provide great cash flow to the savvy investor.

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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 Costello Team | 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 2021-12-02T08:13:30.7.

www.costelloteam.com/homes/123548552
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500 N Tower Street Centralia, WA 98531

  • Price: $1,600,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 35 min ago
  • ID#: 1867417
0
Beds
0
Baths
0
½ Baths
0.7
Acres
24,000
SQFT
$67
$/SQFT
1935
Built
Neighborhood:
Centralia
County:
Lewis
Area:
Centralia
Elementary School:
Wash Elem
Middle School:
Centralia Mid
High School:
Centralia High
School District:
Centralia
Property Description
Attention Multi Family Investors! This well maintained building has 7 residential apts on upper level. Plus full lower level commercial rentals including full restaurant facility. Amazing space with 2 waterfalls and modern decor. Loft area for cocktails and fun! 7 apts are always rented. Over 13000 sq ft of paved parking or expansion. High visibility on corner lot in Downtown core. Extra paved lot included. Several commercial rental spaces. Perfect for health or beauty business. This will provide great cash flow to the savvy investor.
Exterior Features

Carport Spaces 5 Carport YN No Covered Spaces 0 Exterior Features Cement/ConcreteWood Products Lot Features Corner LotDead End StreetPavedSidewalkValue In Land Lot Size Dimensions 275 X 110 Open Parking Spaces 20 Open Parking YN Yes Parking Total 25 Parking Uncovered Spaces 20 Roof Built-Up Structure Type Multi Family Style Code 56 - 10+ Units View Territorial View YN Yes Waterfront YN No

Interior Features

Building Area Total 24000 Cooling YN Yes Fireplace YN No Flooring Ceramic TileConcreteLaminateVinylCarpet Furnished Unfurnished Heating Cooling Type Forced AirHeat PumpWall Heating YN Yes Interior Features Forced AirHeat PumpCeramic TileConcreteWall To Wall CarpetLaminate Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Common Interest Multi-Family Electric On Property YN No Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured ConcreteSlab Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 121400 New Construction YN No Possession ClosingTenant's Rights Possible Use CommercialRetail Power Company City Light Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Sewer Company City Site Features Fenced-PartiallyHigh Speed Internet Special Listing Conditions None Tax Annual Amount 5700 Tax Year 2021 Utilities High Speed InternetSewer ConnectedElectricity Available Water Company City Of Centralia Water Source Public Zoning Class CommercialRetail 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 Costello Team | 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 Costello Team | 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 2021-12-02T08:13:30.7.

 
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Costello Team | Windermere Real Estate
100 116th Ave SE
Bellevue WA, 98004
Listing Courtesy of Century 21 Lund, Realtors.