Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1905 7Th Ave Longview, WA 98632

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $625,000

    Live/Work Space, 3900 sq ft, Great Location

    Property Features for 1905 7Th Ave

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1965

    We can help!

    Listing Contact
    Barbara Stephenson
    Barbara Stephenson

    Listing Agency: Real Living Real Estate Group Listing Agent: Barbara Stephenson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional Longview property at 1905 7th Avenue offers a unique blend of commercial and residential possibilities, totaling 3,900 square feet. The building is zoned commercial, presenting a fantastic opportunity for a live-work arrangement or separate commercial and residential uses. The upper level boasts a remodeled 1,410 square foot residence, perfect for comfortable living. Below, a spacious 2,125 square foot lower level, previously used as office space, awaits its next purpose. This area also offers significant remodeling potential. Separate entrances for each level ensure privacy and convenience. Adding to the property's appeal is a large detached garage at the rear and a substantial RV-style shop at the front, providing ample storage and workshop space. The property sits on a 0-acre lot. Priced at $625,000, this versatile property is ready for its next chapter. Its adaptable layout and generous square footage make it ideal for a variety of businesses and lifestyles. Don't miss this chance to own a property with such significant potential in a desirable Longview location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Longview
    County
    Cowlitz
    State
    Washington
    Longitude
    -122.924
    Latitude
    46.14325

    Nearby Similar for Sale

    • $469,900

      Longview Multifamily Investment Opportunity

      Multifamily property with long-term tenants in a prime location.
      823 8Th Ave, Longview, WA 98632
      View Details
    • New
      $1,075,000
      4,600 SF

      New Income-Producing Longview Fourplex

      Newly built, fully occupied fourplex in Longview, WA. Strong returns.
      285 22Nd Ave, Longview, WA 98632
      View Details
    • New
      $1,075,000
      4,600 SF

      New Longview Fourplex For Sale

      New, fully occupied fourplex in Longview, WA with strong returns.
      257 20Th Ave, Longview, WA 98632
      View Details
    • New
      $1,075,000
      4,600 SF

      New Longview Fourplex For Sale

      New fourplex in Longview, WA, fully occupied and income-producing.
      259 20Th Ave, Longview, WA 98632
      View Details
    • New
      $1,075,000
      4,600 SF

      Remodeled Longview Fourplex For Sale

      Income-producing fourplex with remodeled units and strong returns.
      263 20Th Ave, Longview, WA 98632
      View Details
    • $498,000
      4,998 SF

      Versatile Mixed-Use Commercial Property

      Two-story, 5,050 SF commercial property with live-work potential.
      537 14Th Ave, Longview, WA 98632
      View Details
    • $299,000
      2,850 SF

      Versatile Mixed-Use Commercial/Industrial Property

      2,850 SF mixed-use property near I-5 and Oregon border.
      551 14Th Ave, Longview, WA 98632
      View Details
    • $1,059,000

      Fully Occupied Office/Medical Building

      Office/medical building with low vacancy and investment potential.
      1106 Douglas St, Longview, WA 98632
      View Details
    • $3,499,999
      13,950 SF

      Longview Office Building For Sale

      Two-story office building with long-term tenants and strong income.
      1953 7Th Ave, Longview, WA 98632
      View Details
    • $2,900,000
      20,540 SF

      Mixed-Use Warehouses with Retail Potential

      Three warehouses with showroom, storage, and large laydown areas.
      638 Commerce Ave, Longview, WA 98632
      View Details
    • $498,000

      Versatile Mixed-Use Commercial/Industrial Property

      Two-story commercial property with mixed-use zoning, ideal for various business.
      537 14Th Ave, Longview, WA 98632
      View Details
    • $3,499,999

      Longview Office Building For Sale

      Two-story office building with long-term tenants and strong income.
      1953 7Th Ave, Longview, WA 98632
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Live/Work Space, 3900 sq ft, Great Location
    Where is this commercial real estate located?
    The property is located at 1905 7Th Ave Longview, WA.
    What is the asking price?
    The asking price for this property is $625,000.
    (360) 703-9900
    Request Owner's contact information
    1905 7Th Ave Longview, WA 98632
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1905 7Th Ave
    Longview, WA 98632
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1905 7Th Ave Longview, WA 98632
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Barbara Stephenson
    Barbara Stephenson
    (360) 703-9900
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!