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Corner Building with Bonus Storage
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300 S Tower Ave, Centralia, WA 98531

Commercial/Retail/Office space with loading docks and bonus storage.

Property Size12,000 SF
Lot Size0.28 Acres
Price / SF$0.38
Days on Market259

Property Features for 300 S Tower Ave

General Information

Standard status Active
Size 12,000 SF
Lot size 0.28 Acres

Taxes and HOA fees

Annual Taxes $3,385
Listing Agency: CENTURY 21 Lund, Realtors
Listed By: Kip Barker · License #20114482
Source: Exprealty
Added: Jan 26 Changed: Oct 11 Last Checked: Oct 11 at 3:25AM

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 CENTURY 21 Lund, Realtors

Investment Insights

Based on property information with market context.

This corner building features street frontage on two sides and provides 12,000 square feet of commercial, retail, or office space. An additional 3,000 square feet of bonus storage is located on the second floor. The property offers convenient access with a loading dock on the north end and a loading ramp into the northeast corner. The previous business occupied the location for over 28 years. The building is suitable for various uses, including retail space, office divisions, warehouse space, or a combination thereof. Rents are pro-forma based on NNN.

Key Highlights

  • 12,000 sq ft of commercial/retail/office space WITH AN ADDITIONAL 3,000 sq ft of bonus storage.
  • Corner building with street frontage on two sides.
  • Versatile space suitable for retail, office, warehouse, or a combination of uses.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Pharmacy HVAC Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Bakery Carpet & Flooring 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

848
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
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial/Retail/Office space with loading docks and bonus storage.
Where is this retail space located?
The property is located at 300 S Tower Ave Centralia, WA.
What are key features of this property?
This property features: 12,000 sq ft of commercial/retail/office space WITH AN ADDITIONAL 3,000 sq ft of bonus storage.; Corner building with street frontage on two sides.; Versatile space suitable for retail, office, warehouse, or a combination of uses.
More about this property
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