1225 Mellen St, Centralia, WA 98531
This exceptional retail property, located at 1225 Mellen St, Centralia, WA 98531, presents a unique investment opportunity. Situated on a 3.57-acre lot in the CBA Centralia submarket of Lewis County, this site boasts a total building area of 8,589 square feet, currently entirely vacant and ready for immediate occupancy. The property is zoned GCD and offers flexible space options, with a minimum divisible space of 2,764 square feet and a maximum contiguous space of 5,825 square feet, making it ideal for multiple tenants or a single large-scale operation. Centralia's strategic location on Interstate 5, the West Coast's major trade corridor, between Portland and Seattle, positions this property for significant success. The city's robust population of over 17,000 residents, coupled with its proximity to major transportation hubs including Seattle and Portland International Airports and the Port of Grays Harbor, ensures excellent accessibility for both businesses and customers. Companies are drawn to Centralia for its high quality of life, favorable business environment, and workforce development programs. This prime retail location offers unparalleled potential for growth and profitability. Don't miss this chance to establish your business in a thriving community with exceptional access and visibility.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.