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5708 Ocean Beach Hwy Longview, WA 98632

Sponsored
For Sale
$1,600,000

Income-producing, multi-tenant commercial buildings.

Description

Added:
Feb 3, 2025
Days on Market:
338
This exceptional commercial investment opportunity in West Longview boasts two buildings on a 3.8-acre lot with 250 feet of high-traffic Ocean Beach Highway frontage. The property includes a 3,360 square foot commercial building currently leased to an antique store and a 2,940 square foot commercial/residential building with a shop, also occupied by tenants on a mix of long-term and month-to-month leases. The expansive lot offers ample space for commercial, RV, and boat parking, with 25 new parking spaces available for lease at $75 per month, providing additional income potential. The property's prime location and substantial road frontage make it ideal for a variety of commercial uses, presenting significant opportunities for future development. Current tenants provide a stable income stream, making this a compelling investment for those seeking a strong return. The property's versatility allows for continued operation under the current lease agreements or redevelopment to suit a buyer's vision. This is a rare chance to acquire a well-situated, income-generating property with significant upside potential in a thriving area. The existing infrastructure and ample parking provide immediate value, while the expansive lot allows for future expansion or redevelopment.

Property Features for 5708 Ocean Beach Hwy

General Information

Property type
Other commercial real estate

Building Details

Year Built
1981

Property Profile Location Intelligence

Current Use by Public Records

Unlimited Treasures LLC Second Hand Store

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Building Supply Clothing Store Hotel & Motel Auto Parts Store Kitchen & Bath Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Longview
County
Cowlitz
State
Washington
Longitude
-123.0176
Latitude
46.17317

FAQs

What type of property is this?
Commercial real estate - Income-producing, multi-tenant commercial buildings.
Where is this commercial real estate located?
The property is located at 5708 Ocean Beach Hwy Longview, WA.
What is the asking price?
The asking price for this property is $1,600,000.
More about this property
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