217 Main StCentralia, WA 98531

  • Office properties
  • 18,560 SF
For Lease
$1.20/SF/YR View listing

Property Details for 217 Main St

Year built
1940
Construction
WOOD
Lot size
0.45 AC
Property size (Sq ft)
18,560 SF
Property type
Office properties
Property subtype
Other office properties
APN
184000000
APU
184000000

Description

This exceptional commercial property, formerly Campbell Chrysler, presents a unique investment opportunity in Centralia, WA. The 53,560-square-foot building, classified as Class C, sits on a prime location just minutes from Interstate 5, offering easy access to major transportation routes. Its strategic placement near the Centralia Outlet Mall and downtown Centralia ensures high visibility and convenient access for customers. The property features a two-story building with two drive-in doors, suitable for a variety of commercial and industrial uses. The space is currently vacant and divisible, with a minimum leasable area of 15,400 square feet and a maximum contiguous space of 19,600 square feet. The zoning is C-3, City of Centralia, allowing for diverse business applications. In addition to the main building, there's also a former used car lot and additional overflow parking lots available for lease, either individually or as a package. This versatile property offers significant potential for businesses seeking a prominent location with ample space and convenient access. The property's size and flexibility make it ideal for multiple tenants or a single large-scale operation. Contact us today to explore the possibilities.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,022,382
    6.5%
    $4,636,044
    7%
    $4,304,898
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,977,123
    Geo Method
    $3,574,285
  • Alternative Use

    Use
    Valuation
    Residential
    $5,748,696
    Hospitality
    $5,265,774
    Educational
    $4,381,062
    Medical
    $4,531,734
    Retail
    $6,814,986
217 Main St, Centralia, Washington
Leaflet | © OpenStreetMap contributors

Location Insight

City
Centralia
County
Lewis
State
Washington
Latitude
46.7169
Longitude
-122.956
CBSA code
16500
CBSA name
CENTRALIA, WA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$5,468
$291,900
$544,000
$835,900
-
$291,900
$544,000
$835,900

FAQs

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