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    1257 Yew St Centralia, WA 98531

    For Sale
    $550,000

    Centralia, WA: Office/Retail Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 1,840 square foot, two-story commercial building presents a unique investment opportunity in Centralia, Washington. Strategically located bordering Interstate 5, just south of the Winco Foods at Exit 81 northbound, this property enjoys unparalleled visibility and accessibility. Previously residential, the building is now zoned C1, opening doors to a variety of commercial uses including office space, medical clinics, or retail establishments. Significant recent improvements include a brand-new roof, siding, and exterior paint, enhancing both curb appeal and longevity. The cleared lot is ready for immediate use, and a fully approved septic system is in place, capable of supporting up to six employees. The interior layout features three ground-floor offices and two upstairs offices, all with rough-ins completed. Extensive building permits, finalized after a year and a half of diligent work, are available on-site, along with approved building plans. While the electrical permit remains outstanding, a new power pole has been installed and paid for by the seller. Prospective buyers should note that Lewis County requires a 42-inch foundation increase, with the necessary plans readily available on the property. This turnkey property offers a rare blend of prime location, recent upgrades, and approved plans, making it an ideal investment for discerning buyers.

    Property Features for 1257 Yew St

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1930
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Centralia
    County
    Lewis
    State
    Washington
    Longitude
    -122.9713
    Latitude
    46.70153

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    FAQs

    What type of property is this?
    Commercial real estate - Centralia, WA: Office/Retail Opportunity
    Where is this commercial real estate located?
    The property is located at 1257 Yew St Centralia, WA.
    What is the asking price?
    The asking price for this property is $550,000.
    (253) 435-5500
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    1257 Yew St Centralia, WA 98531
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1257 Yew St Centralia, WA 98531
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