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Listing provided by NWMLS, courtesy of RE/MAX Key Land Co.

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Active
$1,170,000
/mo   Edit
MLS# 1093855
Commercial/Industrial
Built 1926
0.262 acres
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    Description:   Excellent investor opportunity: Strong 8.6% cap rate based on leases with long term commercially successful tenants. This is a very good structure with low maintenance needs.

    Interior

    Approx. Sq Ft: 0 ft²
    Approx. Office Sq Ft: 0 ft²
    Approx. Whse/Mfg Sq Ft: 0 ft²
    Approx. Building Sq Ft: 19,950 ft²
    Energy Source: Electric, Natural Gas
    Heating and Cooling: Forced Air, Heat Pump, Tankless Water Heater
    Floor Covering: Concrete, Fir/Softwood, Hardwood, Vinyl, Wall to Wall Carpet
    Features: Elevator

    Utilities

    Sewer: Sewer Connected

    Location

    City: Centralia
    State: WA
    Zip Code: 98531
    Area: 426
    County: Lewis
    Latitude: 46.71468100
    Longitude: -122.95538000

    Building

    Year Built: 1926
    Foundation: Poured Concrete, Slab
    Roof: Built-Up
    Exterior: Brick
    Loading: 1-3 Bays
    Power Service in AMPS: 0

    Lot

    Depth of Lot: 120
    Lot Sq Ft: 11,400 ft²

    Site

    Community Name: Centralia
    Number of Available Pads: 0
    General Zoning Classification: Commercial
    Zoning Jurisdiction: City
    Site Frontage: 95

    Rent

    Terms: Cash Out, Conventional

    Finance & Taxes

    Homeowner Dues (monthly): None
    Tax Expense: $5,154
    Electrical Expenses: 0
    Total Expenses: 8404
    Tax Year: 2017
    Gross Scheduled Income: 120000
    Vacancy Rate: 0
    Gross Adjusted Income: 120000
    Total Expenses: 8404
    Net Operating Costs: 111596
    Cap Rate -NOI div LP: 8.60

    Business

    Features: Elevator

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    Listing provided by NWMLS, courtesy of RE/MAX Key Land Co.