Versatile Commercial Building in
20411 Old Highway 99 SW Centralia, WA 98531
20411 Old Highway 99 SW, Centralia, WA, 98531
$900,000
For Sale
$900,000
7,600 SF building suitable for retail, office, automotive, and more.
Property Size7,600 SF
Lot Size0.65 Acres
Price / SF$118.42
Days on Market424
Property Features for 20411 Old Highway 99 SW
General Information
- Standard status
- Active
- Size
- 7,600 SF
- Lot size
- 0.65 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1971
Listing Agency
RE/MAX PARKSIDE AFFILIATES
(360) 754-7090
Listed by
PAUL T. MCLAIN · License #19412
Source
Corcoran
Added: May 24, 2025 Updated: Jul 10 at 3:47 pm Checked: Jul 20 at 3:35 am
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 RE/MAX PARKSIDE AFFILIATES
Investment Insights
Based on property information with market context.
This 7,600 SF commercial building is located in Rochester. Its flexible commercial zoning allows a variety of uses, including retail, barber/beauty shops, bookstores, hardware stores, service businesses like appliance repair and bicycle sales/repair, food establishments such as breweries, restaurants, and delicatessens, automotive services including car washes and service stations, and professional offices. The property's location ensures high visibility and accessibility. It is suitable for owner-users or for creating leasable spaces. The property has a classic look and charm.
Key Highlights
- 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.
Local Financial Insights For Specialty 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 | $109.4k | $14.40 |
| − Vacancy | −$2.8k | −$0.37 |
| EGI | $106.6k | $14.03 |
| − OpEx | −$26.6k | −$3.51 |
| NOI | $79.9k | $10.52 |
7,600 SF · lease $14.40/SF/yr · vacancy 2.60% · expense 25.00%
Alternative Uses
Best Use
Retail
$1.40M
$1.23M – $1.64M
NOI $98,245 @ 7.0% cap · market cap 10.92%
Second Best
Specialty Retail
$1.14M
$999.3K – $1.33M
NOI $79,946 @ 7.0% cap · market cap 8.88%
Theoretical Best
Office A
$2.32M
$2.03M – $2.70M
NOI $162,263 @ 7.0% cap · market cap 18.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - 7,600 SF building suitable for retail, office, automotive, and more.
Where is this retail space located?
The property is located at 20411 Old Highway 99 SW Centralia, WA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 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.
