$840,000
For Sale

1245 Commerce Avenue

Longview, WA 98632
Listing OfficeKidder Mathews
Browse 4 photos
Type:Purchase
Structure:Industrial
Zone:Commercial

Description

Pleased to present the opportunity to acquire a 100% occupied mixed-use property located in Longview, Washington. This well-maintained asset consists of seven fully-leased apartments and one retail space, anchored by Red Hat Thrift Store, a longterm tenant who recently committed to a 4-year lease extension. Strategically positioned on Commerce Ave, one of Longview’s primary commercial corridors, the property benefits from excellent accessibility to major freeways, including I-5, providing access to larger cities such as Portland (50 miles south) and Olympia (55 miles north). Its central downtown location offers a high Walk Score of 95, ensuring close proximity to local amenities and services.

  • Property Details
      • Property SubtypeCommercial Industrial
      • Date ListedFebruary 05, 2025
      • Style75 - Retail
      • Utility SourceSee Remarks
      • Sewer InformationAvailable
      • Property TypePurchase
      • SubdivisionLongview
      • Original List Price$840,000
      • CountyCowlitz
      • MLS #2329567
      • MLS #2329567
      • Acres0.1378
      • Cost840000
      • Structure TypeRetail
      • Year Built1924
      • Days on Market (Cumulative)9

Location

Monica TraceyReal Estate Group

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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