117 W Magnolia St

Centralia, WA 98531 View Map $10,500,000 Schedule a Tour
Sq.Ft.55,100
Year1926
Pacific NW Realty Group

Pacific NW Realty Group

(360) 423-4663

Schedule a Tour
Ask a Question

Listing Office

Office:Bhgre Northwest Home Team
Status: Active
Property Type:Multi-Family
MLS® #:1999997
Sq. Feet:55,100
On Site:134 Days
Lot Size:0.33 Acres
County:Lewis
Located in Historic Downtown Centralia between Portland and Seattle The Lewis and Clark Hotel is Meticulously maintained with 54 units, 55 and over & 5 yr HUD contract(2027) boasts a very stable tenant population. Original terrazzo flooring welcomes you into the lobby, with original charm that will take you back in time when this building was once a thriving hotel. 7 commercial units, along with 4700 sq ft event space with stunning original hardwood floor, kitchen, and additional 2300 sq ft bar with Immediate upside potential in commercial space and event center. 10,000 sq ft basement w/18 parking spaces also useable storage. This remarkable location is within walking distance to a park, library, shopping, bus lines, and entertainment.

117 W Magnolia St Centralia, WA 98531 Lewis County MLS# 1999997

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:117 W Magnolia St, Centralia, WA 98531
County:Lewis
Subdivision:Centralia
Zip Code:98531

School Information

School District:Centralia
High School:Buyer To Verify
Middle School:Buyer To Verify
Elementary School:Buyer To Verify

Architecture

Year Built:1926
Stories:8
Possible Use: Commercial, Multi-Family, Retail
Building Style: 10+ Units
Roof: Flat, Torch Down
Foundation: Poured Concrete

Features / Amenities

Interior Features: Central A/C, Heat Pump, Ceramic Tile, Laminate, Wall to Wall Carpet
Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
Exterior Features: Cement/Concrete
Site Features: High Speed Internet, Rooftop Deck
Covered Spaces: 18
Parking Total: 18
Heating Cooling Type: Central A/C, Heat Pump, Wall

Property Features

Lot Size: 0.33 Acres
Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
Sq.Ft. Size: 55100
Lot Sq.Ft. Size: 14375
Sewer: Sewer Connected
Water: Public
Directions:I-5 Exit 81. Continue onto Ellsbury St. Turn right onto Alder St. Alder St turns right and becomes W Cherry St. Turn left onto S Tower Ave. Turn left onto W Magnolia St. Building is on right.

Tax and Financial Info

Tax Year: 2022
Tax Annual Amount: $17,111
Fuel Expense: $9,029
Electric Expense: $34,676
Insurance Expense: $5,125
Net Income: $388,901
Listing Terms: Cash Out, Conventional
Total Monthly Income: $47,905
Net Operating Income: $388,901
Total Expenses: $240,463
Offers: Seller,intends,to
Possession: Closing

Schools

WALKING AND TRANSPORTATION

0
Wait...
Walk Score ®
0
Wait...
Transit Score ®
0
Wait...
Bike Score ®
Please wait while loading...

Schedule a Tour

117 W Magnolia St Centralia,  WA 98531
GO SEE THIS LISTING
117 W Magnolia St Centralia, WA 98531
 
ASAP
Sat
4
Feb
Sun
5
Feb
Mon
6
Feb
Tue
7
Feb
Wed
8
Feb
Thu
9
Feb
Fri
10
Feb
Choose Your Date -- It's Free, Cancel Anytime
Printable Flyer Get Directions