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Flex Warehouse with Office
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1221 Mellen St, Centralia, WA 98531

Small warehouse and office combination on a former car lot site.

Property Size1,000 SF
Lot Size161,000.00 Acres
Price / SF$700
Days on Market952

Property Features for 1221 Mellen St

General Information

Standard status Active
Size 1,000 SF
Lot size 161,000.00 Acres
Property subtype RETAIL

Properties For Sale

at 1221 Mellen St Contact us

Former Car Lot With Great Location Near I-5

Size
1,000 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
Former car lot; 16,1000 SF lot; ±1,000 SF building (150 SF Whse/864 SF Ofc); $4,000/month...
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Listing Agency: NWC - KV LLC
Listed By: Theron Meier
Source: Moodyscre
Added: Feb 5, 2024 Changed: Sep 10 Last Checked: Sep 14 at 12:30PM

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 NWC - KV LLC

Investment Insights

Based on property information with market context.

This flex-style property features an approximately 1,000 SF building with a functional split between warehouse and office space, including about 150 SF of warehouse area and about 864 SF of office space. The site has a background as a former car lot, supporting a flexible yard-and-building setup for many small operating needs.

The property is located at 1221 Mellen St in Centralia, WA. It is being offered for sale at $700,000, and it is also available for lease at $4,000 per month plus NNN.

Key Highlights

  • Former car lot site with an approximately 16,100 SF lot
  • Approximately 1,000 SF building with a warehouse/office split: 150 SF warehouse and 864 SF office
  • Lease listed at $4,000/month plus NNN

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick HVAC Service Bakery (Bike/Boat/Book/etc) Store Locksmith Home Appliance Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

298
Businesses Nearby
Under-served
Demand for This Use

Demographics for 98531, WA

26,669
Population
11,070
Households
2.4
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
129.2 sq mi
ZIP Area
206
Density / Sq Mi
$61,963
Median Household Income
$37,330
Median Earnings
$1,068
Median Rent
$285,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Small warehouse and office combination on a former car lot site.
Where is this flex space located?
The property is located at 1221 Mellen St Centralia, WA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Former car lot site with an approximately 16,100 SF lot; Approximately 1,000 SF building with a warehouse/office split: 150 SF warehouse and 864 SF office; Lease listed at $4,000/month plus NNN
(253) 988-2649 Call to check price and availability
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