Property profile

407 Reynolds Ave Centralia, WA 98531

OFF-MARKET
Commercial real estate
Property ID
US90-1698147
1.02 ac lot Built 1982
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Property summary

AI-generated overview

This exceptional commercial property at 407 W Reynolds Avenue in Centralia, WA, presents a remarkable opportunity for entrepreneurs and established businesses alike. Boasting a highly visible location with 110 feet of frontage on W Reynolds Avenue, this property ensures maximum exposure to a high volume of traffic. Situated on approximately one acre of land, the two-story building offers 2,400 square feet of versatile space, ideal for a variety of commercial uses. The building features a practical layout including office space and dual roll-up doors at both the front and rear, providing convenient access for loading and unloading. A three-car carport offers additional covered parking. The property's ample space allows for creative business expansion, with potential for supplementary income streams such as a drive-thru coffee stand or food truck. The property is conveniently located just minutes from downtown Centralia. Existing infrastructure includes power and an individual well on-site, minimizing initial setup costs. Extensive additional parking is available at the rear of the building. Priced at $499,000, this property offers a compelling investment opportunity with significant upside potential.

Property profile

Verified
Property type Commercial real estate
Year built 1982
Lot 1.02 ac (44,431 SF)
UPID US90-1698147

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

407 Reynolds Ave Centralia, WA 98531
Centralia metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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