407 Reynolds Ave Centralia, WA 98531
This prime Centralia, WA commercial property offers a unique blend of office and industrial space, ideal for a variety of businesses. Situated on a level one-acre lot at 407 W Reynolds Ave, 98531, this property boasts 110 feet of frontage on a busy road, ensuring high visibility. The 2,500 square foot building features approximately 2,400 square feet of a two-story shop, perfect for storage or workshop needs. The shop includes a front area suitable for customer interaction, a roll-up door at the front and back, and a three-car carport previously used for large boats. The property also includes dedicated office space, providing a professional environment for administrative tasks. City services are readily available, including power, and the property features its own well. The lot extends beyond the existing back fence, offering additional potential. This single-tenant property is ready for immediate occupancy, presenting an exceptional opportunity for businesses seeking a high-traffic location near downtown Centralia. The previous tenant was a boat repair company, suggesting the suitability of the space for similar businesses or those requiring ample space and convenient access.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.