1611 Kresky Ave Centralia, WA 98531-8982
This exceptional one-level professional center, situated on a high-visibility main corridor in Centralia, WA, presents a compelling investment opportunity. The property consists of four units currently leased to established healthcare businesses, boasting a history of long-term tenancy. Leases are structured as modified net, with operating expenses passed through to tenants, simplifying management. The owner diligently maintains the landscaping, ensuring a consistently attractive property. Ample parking is available, and the property offers significant potential for expansion with an existing pad site. The building is exceptionally well-maintained, reflecting the pride of ownership demonstrated by both the tenants and the original owner, who is now seeking retirement. This property benefits from its location in a growing area experiencing increased traffic counts. A significant advantage for potential buyers is the seller's willingness to provide financing, making this an even more attractive investment opportunity. The asking price is $1,950,000. The property sits on a 0-acre lot. This is a rare chance to acquire a stable, income-producing asset in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
No recorded transactions found for this property.
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.