402 N Tower Avenue Centralia, WA $ 1,470,304
402 N Tower Avenue
$ 1,470,304
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402 N Tower Avenue

Centralia, WA, 98531
$ 1,470,304
Bedrooms-- Baths--

Monthly Estimate*

$ 9,284

Listed by On Point Real Estate
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Commercial Property for sale in Centralia, WA

for $1,470,304. This building was built in 1920 on a lot size of 0.06.

This is an irreplacable and beautiful historic building in downtown Centralia. Like Port Townsend and Pioneer Square, these classic buildings will not be repeated. This building had a complete interior gut job in 2005-2006: all new wiring, all new supply line plumbing, new wall finishes, all new kitchens, new baths, new flooring, new heat system, all done to code. Outside of the building had brick tuck pointing, new store front windows and all new roofing in 2026. This is not a fixer, this is a keeper. You get 5.3% return on investment, depreciaion write-off and real estate appreaciation. Possible owner financing with acceptable terms. This is a gemstone quality asset to hold in your long-term portfolio.

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Commercial Active

Price

$ 1,470,304

Property Type

Commercial

Taxes

$ 4,562

Style

Retail

Lot Size

0.06

Year Built

1920

Town/City

Centralia

County/Region

Lewis

MLS | Web ID

2558267

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Furnace
Possession Closing Subject To Tenant Rights
Roof Built-Up
HOA Fee 0
Year Built 1920
Topography Level
Property Subtype Commercial Industrial
Tax Year 2026
County Lewis
Net Operating Income 77928
Insurance Expense 6624
Property Type Commercial Sale
HOA N
Subdivision Name Centralia
Possible Use Commercial
Special Listing Conditions None
Status Active
Directions Northerly on Tower to address on right.
City Centralia
Senior Community Y/N N
Zoning Description Commercial
MLS Area 426 - Centralia
Lot Size Units Square Feet
Lot Size Square Feet 2614
Carport Y/N N
Listing Terms Cash Conventional Owner Will Carry See Remarks
Tax Annual Amount 4562
Property Condition Good
Public Remarks This is an irreplacable and beautiful historic building in downtown Centralia. Like Port Townsend and Pioneer Square these classic buildings will not be repeated. This building had a complete inter
Structure Type Retail
Building Area Units Square Feet
Standard Status Active
Water Company City of Centralia
Total Actual Rent 8143
Water Sewer Garbage 8611
Property Style 75 - Retail
Cap Rate 5
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Exterior
Exterior Amenities Brick
Water Source Public
Total Parking 0
Foundation Details Slab
Building Area Total 0
Lot Size Acres 0.06
Irrigation Water Rights Y/N N
Site Frontage 25
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Interior
Flooring Concrete Vinyl Carpet
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2558267
Street Number 1 402
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* Excluded Features
List By
Scott Horner

Listing Agent

On Point Real Estate

Broker

Affordability Calculator

$9,664
Per Month
96%
4%
0%
Monthly Principal & Interest
$9,284
Monthly Property Taxes
$380
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/23/2026$1,470,304 Listed Price

Map


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402 N Tower Avenue, Centralia, WA, 98531 is a Commercial Property for sale at $1,470,304 with a lot size of 0.06. 402 N Tower Avenue was built in 1920. The property's zip code is 98531 which is in Centralia, WA