217 S Tower in Centralia
| Listing ID: | 2156181 (Commercial) |
|---|---|
| Listing Price: | $1,350,000 |
| Days on Market: | 247 |
Details | |
| Lot Size: | 0.26 acre (11,400 sqft) |
Excellent hands-off investment returning a steady 7.6% cap rate from long-term tenants. Or, if you want to use the ballroom and related facilities yourself, the upstairs tenant could withdraw to a nearby facility. The structure is very well kept, has a new roof, recent mechanicals and virtually no deferred maintenance. All the taxes, insurance etc is paid by the tenants. The ground floor is occupied by a long-established beauty college.
This listing is provided courtesy of NWMLS, contributed by RE/MAX Key Land Co.
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