Centralia, WA Commercial Real Estate for Sale

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Updated: May 24, 2025

Versatile Commercial Building in Rochester

20411 Old Highway 99 SW, Centralia, WA 98531

$900,000

7,600 sqft 0.65 AC lot

7,600 SF building with flexible commercial zoning.
Prime location ensures high visibility and accessibility.
Suitable for retail, service businesses, food establishments and professional offices.
Great for owner user or demise to leasable spaces.
Ideal investment for all kinds of business ventures.

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20411 Old Highway 99 SW, Centralia, WA 98531

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Est. Cap Rate

8.9%
Above avg (5.9%)
Est. NOI

$80K
Annual
Price @ 7% Cap

$1.14M
Above asking
Property Type

Emergency
Built 1971

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Updated: Jun 16

Historic Brick Office and Showroom

302 N Tower Avenue, Centralia, WA 98531

$980,000

3,000 sqft

Year built 1943; stately brick building with slab‑on‑grade foundation and remaining bank vault elements
Corner location on N Tower and E Magnolia in Downtown Centralia
Approx. 3,000 SF open showroom floor for retail, office, or other flexible use
Updated second‑level office with en suite bath
Seller financing available: real estate contract with at least 25% down and 5‑year balloon (terms subject to approval)

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Two-Story Brick Mixed-Use Building

208 Centralia College Blvd, Centralia, WA 98531

$900,000

6,945 sqft

Two-story masonry building with a flexible main level and two existing residential apartments generating supplemental income.

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Retail Space For Sale

1241-1261 Harrison Ave, Centralia, WA 98531

$2,200,000

10,967 sqft

Retail space available for purchase.

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Retail Building with Apartment

314 Tower N, Centralia, WA 98531

$599,000

6,124 sqft

Historic downtown mixed-use building with retail, office space, and an upstairs 2-bedroom apartment.

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Centralia Land Adjacent to Business

1119 South Yew Street, Centralia, WA 98531

$904,305

75,358 sqft 1.73 AC lot

1.73 acres of land adjacent to Centralia Station Business Park.

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Centralia Commercial Property on Main

816 W Main Street, Centralia, WA 98531

$399,999

3,700 sqft

Thriving business and prime commercial property in Centralia, Washington.

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Land Near Great Wolf Lodge

20341 Old Highway 99, Centralia, WA

$900,000

42,253 sqft 0.97 AC lot

42,253 sq ft site near Great Wolf Lodge.

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Professional Building Near Medical Facilities

1805 Cooks Hill Road, Centralia, WA 98531

$550,000

3,000 sqft 0.33 AC lot

Well-maintained office building with two suites near I-5.

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Historic Commercial Building on Tower Avenue

108 Tower, Centralia, WA 98531

$435,000

1,800 sqft

Versatile 1,800 sq ft commercial space in Centralia's heart.

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Historic Commercial Building on Tower Avenue

108 N Tower Avenue, Centralia, WA 98531

$425,000

1,800 sqft 0.04 AC lot

Versatile commercial space in Centralia's vibrant downtown area.

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Downtown Centralia Landmark Building

321 N Pearl St, Centralia, WA 98531

$799,550

22,452 sqft 0.37 AC lot

Mixed-use building with office and warehouse space in Centralia, WA.

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Versatile Commercial Space For Sale

700 Tower Ave, Centralia, WA 98531

$360,000

5,056 sqft 0.40 AC lot

5,056 sq ft commercial space suitable for retail/office.

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Downtown Centralia Landmark Building

321 N Pearl Street, Centralia, WA 98531

$799,550

22,452 sqft 0.37 AC lot

Mixed-use building with office, flex, and warehouse space for sale.

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General Commercial Corner Development Site

2520 Northeast Kresky Avenue, Centralia, WA 98531

$700,000

Two adjacent vacant parcels offer flexible C-G development options with frontage on two streets.

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Modern Commercial Building with Expansion

1418 Mahoney Dr, Centralia, WA 98531

$1,950,000

1.40 AC lot

Built in 2019, ideal for business or investment.

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Versatile Property with Commercial Potential

1026 Alder Street, Centralia, WA 98531

$1,150,000

3,360 sqft 1.85 AC lot

Spacious home and shop with commercial zoning and potential.

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Turn-Key Automotive Repair Facility

1021 N Pearl Street, Centralia, WA 98531

$695,000

Turn-key automotive repair business and real estate package in Centralia, offered with seller financing and transition support.

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Historic Cemetery Property For Sale

1113 Caveness Drive, Centralia, WA 98531

$372,850

28.30 AC lot

20+ acre historic cemetery with business potential.

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49.69 Acre Site in Centralia

1406-1620 West Reynolds Avenue, Centralia, WA 98531

Contact for pricing

49 sqft

49.69 acre site available for build-to-suit near I-5.

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Land Near WinCo Shopping Area

1233 Borthwick Street, Centralia, WA 98531

$101,900

0.13 AC lot

Land near new shopping area anchored by WinCo.

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C1 Zoned Building Near I-5

1257 S Yew St, Centralia, WA 98531

$380,000

1,840 sqft 0.67 AC lot

Two-story, 1,840 SF building ideal for office or retail.

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Centralia Commercial Land Opportunity

1000 Yew Street, Centralia, WA

Contact for pricing

26,087 sqft 3.23 AC lot

20+/- acre retail, business, and industrial park land.

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Prime Medical/Professional Development Site

1601 Cooks Hill Road, Centralia, WA 98531

$1,300,000

5.21 AC lot

5.2-acre shovel-ready site near I-5 and regional hospital.

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Centralia, WA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Centralia, WA, showcased through 53 active listings on our real estate platform. These investment opportunities span a total of 353,979 square feet of properties for sale, with an estimated market value of $13,984,609.

Sale prices for business properties in Centralia, WA start at $98,000, averaging $736,032, and reaching up to $2,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 27K

Population Growth (5Y) +8.3%

Median Household Income $61,963

College Educated 28.7%

High-Yield Neighborhoods for Investment

Identify Centralia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
98531	$1.1M

Taxes & Financing

Tax Rate (average for all types) 0.76%

Property Tax per SF $8.31 per SF

Tax Rate vs County Average 0.01 pp below county avg

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Centralia fall within the 100,000+ square foot range.

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