Historic Downtown Apartment
117 W Magnolia St Centralia, WA 98531
For Sale
Contact for pricing
Pending
Historic downtown multifamily building features 54 residential units plus seven commercial units and substantial event space.
Days on Market104
Property Features for 117 W Magnolia St
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing Agency:
Realty World Cosser & Associates
Listed By:
Dave Cosser · License #9381
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 23 at 1:59AM
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 Realty World Cosser & Associates
Investment Insights
Based on property information with market context.
The Lewis and Clark Hotel is a meticulously maintained historic apartment building with 54 units, including 55 and over housing, and a five-year HUD contract through 2027. The property’s lobby includes original terrazzo flooring, preserving the building’s historic charm. In addition to the residential component, the building includes seven commercial units, a 4,700-square-foot event space with original hardwood flooring, and an additional 2,300-square-foot bar. A 10,000-square-foot basement provides additional usable space, along with 18 parking spaces.
Set in Historic Downtown Centralia between Portland and Seattle, the property is described as within walking distance of a park, library, shopping, bus lines, and entertainment.
With both residential and income-producing commercial/event space on-site, the building offers a mixed-use configuration centered on downtown Centralia.
Set in Historic Downtown Centralia between Portland and Seattle, the property is described as within walking distance of a park, library, shopping, bus lines, and entertainment.
With both residential and income-producing commercial/event space on-site, the building offers a mixed-use configuration centered on downtown Centralia.
Key Highlights
- Historic downtown Centralia building with 54 residential units plus 7 commercial units
- 5‑year HUD contract with term through 2027
- Includes 4,700 SF event space with original hardwood flooring, plus an additional 2,300 SF bar
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Historic downtown multifamily building features 54 residential units plus seven commercial units and substantial event space.
Where is this apartment building located?
The property is located at 117 W Magnolia St Centralia, WA.
What are key features of this property?
This property features: Historic downtown Centralia building with 54 residential units plus 7 commercial units; 5‑year HUD contract with term through 2027; Includes 4,700 SF event space with original hardwood flooring, plus an additional 2,300 SF bar
