108 N Tower Avenue Centralia, WA 98531
Versatile commercial space in Centralia's vibrant downtown area.
- Added:
- Jan 20, 2026
- Days on Market:
- 172
- Last Refresh:
- May 10 at 9:56 pm
Property Features for 108 N Tower Avenue
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Lot size
- 0.04 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1910
Listing office NORTHFORK REALTY (360) 701-1652
Listing date Jan 20, 2026
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of NORTHFORK REALTY
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location on North Tower Avenue, Centralia's main thoroughfare, offering excellent pedestrian traffic and visibility.
- Versatile 1,800 sq. ft. of flexible space suitable for retail, office, showroom, or creative studio.
- Classic storefront appeal with large display windows and direct street access.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.1k | $18.96 |
| − Vacancy | −$887 | −$0.49 |
| EGI | $33.2k | $18.47 |
| − OpEx | −$10.0k | −$5.54 |
| NOI | $23.3k | $12.93 |
