Waterfront

Centralia, WA Waterfront Land for Sale

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Chehalis, WA Rochester, WA Napavine, WA Tenino, WA Maytown, WA Olympia, WA Curtis, WA Onalaska, WA
High-Bank Highway Commercial Land
Updated: Jul 25
High-Bank Highway Commercial Land

202 E HIGH STREET, Centralia, WA 98531

$1,150,000
Large flat commercial property over 5 acres with high‑bank river frontage
Highway Commercial zoning with development allowance up to 80 feet and 175 feet from the river (per City of Centralia)
Located just off Harrison Avenue near the Outlet Malls
Zoned for Highway Commercial use, offering options for retail development (per zoning)
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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1 active listing matches your search: Waterfront for sale in Centralia, WA. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Waterfront Residential Development Land
Waterfront Residential Development Land

152 Hwy 603, Chehalis, WA 98532

$280,000
23.00 AC lot

Approved river-view building site with gated entry, septic in place, power service, and RV hookups.

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Forested Recreation Land with Creek
Forested Recreation Land with Creek

6-xx Oppelt Road, Chehalis, WA 98532

$529,000

Forestry-zoned acreage offers gated access, creek frontage, ORV trails, and multiple potential homesites.

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Land
Land

13041 Black Bear Blvd Se, Tenino, WA 98589

$740,000

Waterfront Land

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Land/Lot
Land/Lot

12008 Collins St SE, Tenino, WA 98589

$400,000

Waterfront Land

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Centralia, WA Waterfront Land Market Trends and Statistics

Explore 1 waterfront land for sale in Centralia, WA on our real estate platform.

Sale prices for water rights properties in Centralia, WA average $1,150,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 15
Residential land & home lots 14
Industrial land 12
Recreation land 4
Hunting land 1

Demographics Overview

Population 27K
Population Growth (5Y) +8.3%
Median Household Income $61,963
College Educated 28.7%

High-Yield Neighborhoods for Investment

Identify Centralia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
98531 $637.5K

Taxes & Financing

Tax Rate (average for all types) 0.76%
Property Tax per SF $8.31 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Centralia fall within the 1 to 5 acres range.

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