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Commercial Property with Income Potential
For Sale
$950,000

20639 Old Hwy 99 SW, Centralia, WA 98531

Commercial property featuring multiple buildings, leased spaces, and income potential.

Property SizeContact for details
Lot Size0.40 Acres
Days on Market311

Property Features for 20639 Old Hwy 99 SW

General Information

Standard status Active
Lot size 0.40 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $3,331

Amenities

Metal Roof
Baseboard Heating

Building Details

Year Built 1967
Listing Agency: NORTHFORK REALTY
Listed By: CANDACE KROLL
Source: Corcoran
Added: Oct 3, 2025 Changed: Aug 8 Last Checked: Aug 8 at 6:06AM

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 NORTHFORK REALTY

Investment Insights

Based on property information with market context.

This commercial property presents an investment opportunity, featuring three buildings, each equipped with its own power supply and restroom. Two of the buildings are currently leased, generating immediate income. A convenience store, with a long-standing presence, serves as an anchor tenant, contributing to consistent customer traffic. Furthermore, a designated food truck space provides additional lease revenue and attracts shoppers. The property offers visibility and accessibility, with versatile potential for retail, office, or service-based businesses. Store inventory and non-lease equipment are included in the sale.

Key Highlights

  • Immediate income from 2 leased buildings and a food truck space.
  • High visibility and easy accessibility for customers.
  • Versatile use potential for retail, office, or service‑based businesses.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Auto Parts Store Building Supply (Bike/Boat/Book/etc) Store Hair Salon Dental Office Big Box & Wholesale Store

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

61
Businesses Nearby
56k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 67% Shops & Services 33%
Great Wolf Lodge Hotels & Casinos
37,557 visits/mo 0.2 miles
Chevron Shops & Services
18,186 visits/mo 0.3 miles

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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Commercial property featuring multiple buildings, leased spaces, and income potential.
Where is this storefront property located?
The property is located at 20639 Old Hwy 99 SW Centralia, WA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Immediate income from 2 leased buildings and a food truck space.; High visibility and easy accessibility for customers.; Versatile use potential for retail, office, or service‑based businesses.
More about this property
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