217 S Tower Ave

    Centralia, WA 98531
    • $1,200,000
    • STATUS: Pending
    • ON SITE: 630 days
    • ID#: 1093855
    Under Contract
    $1,200,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1926
    County:
    Area:

    School Ratings & Info

    Listing Courtesy of Re/Max Key Land Co..

    Description

    Excellent investor opportunity: Strong 9.4% cap rate based on leases with long term commercially successful tenants. This is a very good structure with low maintenance needs.

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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 NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-12-13T00:15:20.337.

    www.nwhomeexperts.com/homes/70948396

    217 S Tower Ave Centralia, WA 98531

    • Price: $1,200,000
    • Status: Pending
    • ID#: 1093855
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    1926
    Built
    Neighborhood:
    Centralia
    County:
    Lewis
    Area:
    Centralia
    Property Description
    Excellent investor opportunity: Strong 9.4% cap rate based on leases with long term commercially successful tenants. This is a very good structure with low maintenance needs.
    Exterior Features

    Building Condition Very Good Exterior Brick Foundation Poured ConcreteSlab Loading 1-3 Bays Lot Depth 120 Lot Dimensions 95X120 Lot Topography And Vegetation Level Roof Built-Up Site Frontage 95 Style 61 - Comm Bldg Ovr 10K Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 11 Waterfront Footage 0

    Interior Features

    Building Sq Ft 19950 Floor Covering ConcreteFir/SoftwoodHardwoodVinylWall to Wall Carpet Heating And Cooling Forced AirHeat PumpTankless Water Heater Office Sq Ft 0 Total Sq Ft Rented 0

    Property Features

    Assessed Value Improvements 0 Assessed Value Land 0 Assessed Value Total 0 Assessed Value Year 0 Available Pads 0 Bank Owned No Boundary Survey 9.40 Commercial Features Elevator Electrical Expenses 0 Energy Source ElectricNatural Gas EPSEnergy 0 Form17 Provided General Zoning Classification Commercial Gross Adjusted Income 119400 Gross Rent Multiplier 0 Gross Scheduled Income 121800 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 3250 Net Operating Income 113396 Other Expenses 0 Possession ClosingSub. Tenant's Rights Power Company City Of Centralia Power Service Amps 0 Sewer Sewer Connected Sewer Company City Of Centralia Tax Amount 5154 Tax Year 2017 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 8404 Total Expenses TEX 8404 Total Monthly Rent 10150 Vacancy Rate 0 Water Company City Of Centralia Water Sewer Garbage 0 Water Source Public Zoning Jurisdiction City

    Listing information © 2018 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 NW Home Experts 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 NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-12-13T00:15:20.337.

     
    NW Home Experts
    2211 Elliott Avenue Suite 200
    Seattle WA, 98121
    Listing Courtesy of Re/Max Key Land Co..