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Investment Highlights

  • Highway Commercial Zone. Shopping, Services and Restaurant area.
  • City Utilities on site
  • Level Lot
  • Mixed Use Change By Jan 2027

Executive Summary

ZONING CHANGE! Mixed-Use by Jan 2027. Utilities installed. Cash or Loan, Large Flat Commercial Property Over 5 Acres. High Bank River Location, Just Off Harrison Avenue at the Outlet Malls. Per City of Centralia, Build up to 80 Feet and 175 From the River! Zoned Highway Commercial. So Many Options for Your Retail Needs. See Renderings for Ideas.TITLE GUARANTY COMPANY, Escrow: Stewart Title, Becca Heyl becca.heyl@stewart.com

Financial Summary (Actual - 2026)

Annual Annual Per AC
Taxes $2,820 $539.20
Operating Expenses - -
Total Expenses $2,820 $539.20

Financial Summary (Actual - 2026)

Taxes
Annual $2,820
Annual Per AC $539.20
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $2,820
Annual Per AC $539.20

Property Facts

Price $1,250,000
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Bank
  • Bar
  • Baseball Field
  • Community Center
  • Convenience Store
  • Daycare Center
  • Department Store
  • Distribution
  • Drugstore
  • Fast Food
  • Garden Center
  • General Freestanding
  • Golf Course or Driving Range
  • Healthcare
  • Health Club
  • Hold For Development
  • Hold For Investment
  • Hospital
  • Hotel
  • Lodge or Meeting Hall
  • Loft or Creative Space
  • Manufactured Homes or Mobile Home Park
  • Medical
  • Motel
  • Movie Theater
  • Movie, Radio or Television Studio
  • Neighborhood Center
  • Office Park
  • Open Space
  • Outlet Center
  • Parking Garage
  • Post Office
  • Public Park
  • Public Swimming Pool
  • Regional Mall
  • Rehabilitation Center
  • Religious Facility
  • Restaurant
  • Retail Warehouse
  • Schools
  • Self Storage
  • Skating Rink
  • Specialty, Festival or Entertainment
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Center
  • Supermarket
  • Theater or Concert Hall
  • Trailer or Camper Park
  • Truck Stop
  • Veterinarian or Kennel
  • Warehouse
  • Winery or Vineyard
Total Lot Size 5.23 AC
Zoning C2,MU - Centralia’s Highway Commercial District C2/MU is designed to facilitate vehicle-dependent commercial uses and create attractive entrance to the City.

1 Lot Available

Lot

Price $1,250,000
Price Per AC $239,005.74
Lot Size 5.23 AC

Large Flat Commercial Property Over 5 Acres. High Bank River Location, Just Off Harrison Avenue at the Outlet Malls. Per City of Centralia, Build up to 80 Feet and 175 From the River! Zoned Highway Commercial. So Many Options for Your Retail Needs.

Description

ZONING CHANGE! Mixed-Use by Jan 2027. Utilities installed. Large Flat Commercial Property Over 5 Acres. High Bank River Location, Just Off Harrison Avenue at the Outlet Malls. Per City of Centralia, Build up to 80 Feet and 175 From the River! Zoned Highway Commercial. So Many Options for Your Retail Needs. See Renderings for Ideas.

Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 003416-039-000
  • 003416-041-000
  • 003416-045-000
  • 003416-040-000
  • 003416-046-000
Land Assessment
$641,300 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$641,300 (2025)
Annual Taxes
$2,820
Tax Year
2026
  • Listing ID: 40458622

  • Date on Market: 5/8/2026

  • Last Updated:

  • Address: 202 E High St, Centralia, WA 98531

Contact the Sale Advisor

202 E High St - Centralia Commercial Land

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