Historic Retail Storefront
For Sale
$1,470,304
402 Tower Avenue, Centralia, WA 98531
Historic storefront building with a 2005–2006 interior gut renovation and exterior updates including new roofing in 2026.
Property SizeContact for details
Days on Market30
Property Features for 402 Tower Avenue
General Information
Standard status
Active
Property subtype
General Commercial
Additional Details
Cap Rate
5.3%
Taxes and HOA fees
Annual Taxes
$4,562
Amenities
3
Building Details
Year Built
1920
Listing Agency:
(360) 740-4101
Listed By:
On Point Real Estate
Source:
Xome
Added: Jul 13
Changed: Aug 8
Last Checked: Aug 11 at 5:02AM
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 On Point Real Estate
Investment Insights
Based on property information with market context.
This historic retail storefront building features a complete interior gut renovation completed in 2005–2006, including new wiring, new supply line plumbing, updated wall finishes, new kitchens, new baths, new flooring, and a new heating system, all reportedly completed to code. The exterior has also been updated, with brick tuck pointing, new storefront windows, and new roofing completed in 2026.
Located at 402 N Tower Avenue in downtown Centralia, the building is positioned for ongoing retail use in a central, established setting.
From a condition standpoint, the combination of a documented interior renovation and recent exterior work supports a well-maintained, move-forward ownership profile.
Located at 402 N Tower Avenue in downtown Centralia, the building is positioned for ongoing retail use in a central, established setting.
From a condition standpoint, the combination of a documented interior renovation and recent exterior work supports a well-maintained, move-forward ownership profile.
Key Highlights
- Historic storefront building built in 1920 in downtown Centralia
- Complete interior gut renovation in 2005–2006: all new wiring, new supply‑line plumbing, new wall finishes, kitchens, baths, flooring, and heat system
- Renovations completed to code as part of the 2005–2006 interior gut
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
808
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 90%
Apparel 10%
KeyBank
Shops & Services
3,106 visits/mo
0.2 miles
O'Reilly Auto Parts
Shops & Services
2,784 visits/mo
0.4 miles
Napa Auto Parts
Shops & Services
1,513 visits/mo
0.4 miles
Timberland
Apparel
882 visits/mo
0.3 miles
Muffler Man
Shops & Services
430 visits/mo
0.4 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
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Similar Off Market Nearby
- Fern Ridge Floral & Design — 107 W Main St, Centralia, WA 98531
Frequently Asked Questions
What type of property is this?
Storefront property - Historic storefront building with a 2005–2006 interior gut renovation and exterior updates including new roofing in 2026.
Where is this storefront property located?
The property is located at 402 Tower Avenue Centralia, WA.
What is the asking price?
The asking price for this property is $1,470,304.
What are key features of this property?
This property features: Historic storefront building built in 1920 in downtown Centralia; Complete interior gut renovation in 2005–2006: all new wiring, new supply‑line plumbing, new wall finishes, kitchens, baths, flooring, and heat system; Renovations completed to code as part of the 2005–2006 interior gut
