Grocery Store with Loading
For Sale
Contact for pricing
505 Tower Avenue, Centralia, WA 98531
Existing grocery operations provide a six-month leaseback arrangement after closing.
Property Size33,586 SF
Lot Size1.94 Acres
Days on Market141
Property Features for 505 Tower Avenue
General Information
Standard status
Active
Size
33,586 SF
Total Parking Spaces
109
Lot size
1.94 Acres
Property subtype
Retail, Land
Amenities
rear loading dock
Building Details
Year Built
1974
Buildings
1
Construction
CMU block
Tenancy
Single
Listing Agency:
Greene Commercial
(360) 352-7651
Listed By:
Spencer Ingrim · License #22008910
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 7:38AM
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 Greene Commercial
Investment Insights
Based on property information with market context.
Positioned as a grocery and convenience store asset, this commercial building contains 33,586 square feet within a 1974-built CMU block structure. The layout includes a rear loading dock area, supporting receiving and distribution functions for the existing grocery operation.
The property encompasses 1.94 acres across two tax parcels and provides 109 parking stalls. A 6 Month leaseback from the current grocery store is part of the offering, creating an established occupancy arrangement following the sale.
The property encompasses 1.94 acres across two tax parcels and provides 109 parking stalls. A 6 Month leaseback from the current grocery store is part of the offering, creating an established occupancy arrangement following the sale.
Key Highlights
- 33,586 square foot commercial building constructed in 1974
- CMU block construction with a rear loading dock area
- 1.94 acres across two tax parcels
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
883
Businesses Nearby
49k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Groceries 44%
Apparel 2%
Fuller's Market Place
Groceries
21,464 visits/mo
0.1 miles
Dollar General
Shops & Services
9,115 visits/mo
0.5 miles
Shell
Shops & Services
6,546 visits/mo
0.1 miles
KeyBank
Shops & Services
3,106 visits/mo
0.3 miles
O'Reilly Auto Parts
Shops & Services
2,784 visits/mo
0.2 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
- Fuller's Market Place — 505 S Tower Ave, Centralia, WA 98531
- Centralia Historic District — The Stahl Building, 106 W Pine St, Centralia, WA 98531
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Existing grocery operations provide a six-month leaseback arrangement after closing.
Where is this grocery and convenience store located?
The property is located at 505 Tower Avenue Centralia, WA.
What are key features of this property?
This property features: 33,586 square foot commercial building constructed in 1974; CMU block construction with a rear loading dock area; 1.94 acres across two tax parcels
