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    1611 Kresky Ave Centralia, WA 98531
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    Property profile & analytics

    1611 Kresky Ave, Centralia, WA 98531

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    • Office buildings
    • 9,824 SF
    • 1.12 lot acres
    Professional Center on Main Corridor For Sale
    $1,850,000
    1.12 Acres

    Professional Center on Main Corridor

    Well-maintained professional center with healthcare tenants and expansion potential.

    1611 Kresky Avenue, Centralia, WA 98531
    View Listing
    Property ID
    US90-1170421
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 1611 Kresky Ave

    Year built
    1980
    Construction
    WOOD
    Lot size
    1.12 lot acres
    Property type
    Office buildings
    APN
    3417048100
    APU
    3417048100

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,947,000
      Market price range: $1.24M - $2.65M
      AI Estimate
      $1,134,000
      Market price range: $676k - $1.69M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,025,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $2,005,000
      Change: -1% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Centralia
    County
    Lewis
    State
    Washington
    Longitude
    -122.955
    Latitude
    46.6974
    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
    2023
    $15,959
    $294,000
    $1,652,100
    $1,946,100
    -
    $294,000
    $1,652,100
    $1,946,100
    View Listing
    More about this property
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