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High-Bank Highway Commercial Land
For Sale
$1,250,000

202 E HIGH STREET, Centralia, WA 98531

Large, flat commercial property with high-bank river frontage and Highway Commercial zoning allowing development up to 80 feet.

Property SizeContact for details
Days on Market51

Property Features for 202 E HIGH STREET

General Information

Standard status Active
Property subtype Land
Zoning Highway Commercial

Taxes and HOA fees

Annual Taxes $2,819

Amenities

No
Adjacent to Public Land,Paved
Available,In Street
5.2443
Yes
454
County
Listing Agency: Lighthouse Realty
Listed By: Carissa Ferro
Source: Premierepropertygroup
Added: Jul 25 Changed: Sep 12 Last Checked: Sep 13 at 5:20AM

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 Lighthouse Realty

Investment Insights

Based on property information with market context.

This large, flat commercial land parcel is located on a high bank river site and offers more than 5 acres of buildable space. Per the City of Centralia, development is allowed up to 80 feet, with a requirement that improvements be set 175 feet from the river. The property is presented with renderings to illustrate potential development concepts.

The site is described as being just off Harrison Avenue at the Outlet Malls, providing a retail-oriented nearby context. It is zoned Highway Commercial, aligning with roadway-facing commercial uses.

With its flat topography, river high-bank positioning, and city-allowed height and setback parameters, the property is positioned for a range of commercial development plans consistent with the provided zoning guidance.

Key Highlights

  • Large flat commercial property over 5 acres with high‑bank river frontage
  • Highway Commercial zoning with development allowance up to 80 feet and 175 feet from the river (per City of Centralia)
  • Located just off Harrison Avenue near the Outlet Malls

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Law Firm Parking Lot & Garage Kitchen & Bath Showroom Furniture & Home Goods

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

487
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Commercial land - Large, flat commercial property with high-bank river frontage and Highway Commercial zoning allowing development up to 80 feet.
Where is this commercial land located?
The property is located at 202 E HIGH STREET Centralia, WA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Large flat commercial property over 5 acres with high‑bank river frontage; Highway Commercial zoning with development allowance up to 80 feet and 175 feet from the river (per City of Centralia); Located just off Harrison Avenue near the Outlet Malls
More about this property
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