500 N Tower St

Centralia, WA 98531 View Map $1,600,000 Schedule a Tour
Sq.Ft.20,000
Year1935
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Pacific NW Realty Group

Pacific NW Realty Group

(360) 423-4663
 
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Status: Active
Listing Office:Century 21 Lund, Realtors
Property Type:Multi-Family
MLS® #:1867417
Sq. Feet:20,000
On Site:59 Days
Lot Size:30,333 Sq. Ft.
County:Lewis
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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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:500 N Tower St Centralia, WA 98531
County:Lewis
Subdivision:Centralia
Zip Code:98531

School Information

School District:Centralia
High School:Centralia High
Middle School:Centralia Mid
Elementary School:Wash Elem

Architecture

Year Built:1935
Stories:2
Possible Use: Commercial, Retail
Building Style: 10+ Units
Roof: Built-Up
Foundation: Poured Concrete, Slab
Carport Spaces: 5
Open Parking Spaces: 20
Parking Total: 25

Features / Amenities

Interior Features: Forced Air, Heat Pump, Ceramic Tile, Concrete, Laminate, Wall to Wall Carpet
Flooring: Ceramic Tile, Concrete, Laminate, Vinyl, Carpet
Exterior Features: Cement/Concrete, Wood Products
Site Features: Fenced-Partially, High Speed Internet
Heating Cooling Type: Forced Air, Heat Pump, Wall

Property Features

Lot Size: 0.7 Acres / 30,333 Sq. Ft.
Lot Dimensions:275 x 110
Lot Features: Corner Lot, Dead End Street, Paved, Sidewalk, Value In Land
View: Territorial
Utilities: High Speed Internet, Sewer Connected, Electricity Available
Sewer: Sewer Connected
Water: Public
Directions:I-5 Harrison Ave exit go east on Harrison which becomes main to left on Tower. Go north several blocks to address on right. Corner of N tower and E. Center St.

Tax and Financial Info

Tax Year: 2021
Tax Annual Amount: $5,700
Insurance Expense: $4,720
Net Income: $121,400
Listing Terms: Cash Out, Conventional
Total Monthly Income: $16,700
Net Operating Income: $121,400
Total Expenses: $48,520
Offers: Seller intends to review offers upon receipt
Possession: Closing, Tenant's Rights

Schools

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500 N Tower St Centralia, WA 98531
GO SEE THIS LISTING
500 N Tower St Centralia, WA 98531
 
ASAP
Sat
22
Jan
Sun
23
Jan
Mon
24
Jan
Tue
25
Jan
Wed
26
Jan
Thu
27
Jan
Fri
28
Jan
Choose Your Date -- It's Free, Cancel Anytime
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All listings featuring the icon are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2022. All rights reserved. The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by Pacific Northwest Realty Group and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing information last updated on January 21, 2022 at 12:30 AM PST.