Technical
Financial
Distress signals
Property profile

1611 Kresky Ave Centralia, WA 98531

OFF-MARKET
Office buildings
Property ID
US90-1170421
9,824 SF 1.12 ac lot Built 1980
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1980
Construction WOOD
Total area 9,824 SF
Lot 1.12 ac (48,787 SF)
APN 3417048100
UPID US90-1170421

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1611 Kresky Ave Centralia, WA 98531-8982
Centralia metro Census 970700 CENTRALIA, WA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.95M
Blend (final) Blend
$1.52M

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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