2614 Kresky NE Ave Centralia, WA 98531
This exceptional commercial property, located at 2614 NE Kresky Avenue in Centralia, WA 98532, presents a unique investment opportunity. Situated on a 0.66-acre lot in the heart of the Centralia/Chehalis Commercial District, this 10,500 square foot building offers a versatile layout ideal for a variety of uses. The main floor features a spacious showroom, three private offices, and two bathrooms, providing ample space for retail or office operations. Upstairs, ten individual offices, a conference room, and two additional bathrooms offer significant rental potential. Two separate entrances to the upper level allow for flexible leasing options, accommodating either individual tenants or a single large entity. The building's exterior has recently undergone improvements with the replacement of the siding. Currently, the upstairs offices are leased until August 2026, while the ground floor is available for immediate occupancy. This property offers a chance to own a piece of the Miracle Mile, a thriving commercial area. The asking price for this property is $1,500,000. This is a rare opportunity to acquire a well-maintained, income-producing commercial building in a desirable location.
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.