402 E Summa St Centralia, WA 98531
This exceptional Centralia commercial property presents a rare opportunity for acquisition. Located at 402 E Summa Street, this 0.5-acre lot boasts a prime corner location offering considerable road frontage (125 x 155 feet) and excellent visibility. The property features a well-maintained building encompassing approximately 1039 square feet of office space and approximately 4000 square feet of warehouse space, ideal for a variety of light industrial uses. The expansive, fenced, and paved yard provides ample space for parking company trucks, heavy equipment, or outdoor storage. The property is zoned C-1, allowing for diverse commercial applications. Buyers are encouraged to conduct their own due diligence to confirm suitability for their intended use. The flat, paved yard is a significant advantage, offering ease of access and maneuverability. The seller is open to considering lease options as an alternative to outright sale. This property's combination of size, location, and zoning makes it a highly attractive investment opportunity with significant potential. The substantial road frontage and visibility ensure high exposure for any business operating from this location. The existing building provides a solid foundation for immediate occupancy or future expansion.
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.