1809 Cooks Hl Rd Centralia, WA 98531-9072
This exceptional 4655 square foot commercial building, situated at 1809 Cooks Hill Rd. in Centralia, WA, presents a unique investment opportunity. Currently configured to suit medical practices, the property boasts a welcoming reception area and ample space for various uses. The main level features six offices or exam rooms, a conference room, three bathrooms (two with showers), and a convenient laundry facility with extensive storage. A lower level adds to the substantial square footage. Beyond the functional spaces, the property includes a luxurious in-ground pool equipped with a lift, enhancing its appeal and potential for diverse applications. The upper level provides six additional rooms and a full bathroom with a shower, along with another conference room, offering flexibility for expansion or adaptation. The building is further enhanced by a newer roof and updated windows, minimizing maintenance concerns. This property sits on a zero-acre lot and is priced at $799,900. Its prime location in the heart of Centralia's medical facilities makes it an ideal acquisition for established businesses seeking expansion or entrepreneurs looking to establish a new venture. The versatile layout and high-quality features make this a truly remarkable opportunity in a thriving community. The property's potential extends beyond medical uses, offering significant possibilities for a wide range of commercial endeavors.
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
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.