👑 5.94 ACRES ON HARRISON AVENUE – PRIME DEVELOPMENT OPPORTUNITY IN CENTRALIA! 👑
Price: $550,000
2923 Harrison Avenue, Centralia, WA 98531
Public Walkthrough on 10/28 at 1 PM
Two potential development opportunities. One incredible location.
Situated on 5.94 acres along Harrison Avenue, just minutes from Centralia Outlets and the city’s primary commercial corridor, this property offers serious upside for investors and developers looking to capitalize on Centralia’s growth. Located within the Centralia Urban Growth Area (UGA), the property presents two potential investment strategies:
Option 1: Residential Development – Explore subdividing the acreage and developing multifamily housing, subject to applicable subdivision restrictions, zoning, and city approvals.
Option 2: Commercial Redevelopment – Clear the existing improvements and pursue commercial development, leveraging the property’s acreage, location, and proximity to established retail. Currently improved with a 3-bedroom, 2-bath home and a four-car tandem garage with an unpermitted apartment, the property offers an existing residential footprint while investors evaluate their development plans. The opportunity here isn’t just the house—it’s nearly six acres of land positioned for future growth. Buyer to verify all zoning, allowable uses, subdivision feasibility, utility availability, and development requirements with the City of Centralia and Lewis County.
3 beds | 2 baths | 1,807 sqft
5.94-acre lot
New furnace
Four-car tandem garage has an unpermitted apartment with a kitchen, bathroom, and bedroom
Potential for development or investment
Close to shopping centers, including Centralia Outlets
Near restaurants, parks, and recreational amenities
Needs:
New roof
ARV Comps:
https://www.zillow.com/homedetails/2920-Harrison-Ave-Centralia-WA-98531/61031251_zpid/
https://www.zillow.com/homedetails/2818-Harrison-Ave-Centralia-WA-98531/61031335_zpid/
https://www.zillow.com/homedetails/2717-Harrison-Ave-Centralia-WA-98531/461354796_zpid/
Closing date: 1/4/2027 – Cash and hard money only, 10,000 EM deposit upon mutual acceptance. Buyer to pay closing costs.
Please contact us via DM or call if you have any other questions (503) 404-4532.
Cash or hard money only, price is net to seller, buyer pays all closing costs, property sold in as-is condition, buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. Wholesale King does not allow for buyers to reassign or sell to a third party prior to close. Opinion of value and breakdown spreadsheet is given as a courtesy only as seller makes no guarantees or warranties, express or implied, as to the value, condition, remodel cost, and/or any costs or fees associated with selling or investing in this property. Members of selling entity are real estate licensee’s in the State of Oregon and Washington. Real Estate Licensee and/or associated brokerage are not acting in any role as real estate broker or as a brokerage of this transaction. No brokers are receiving compensation as part of this Agreement and are not representing any party.
