Downtown Retail Storefront
For Sale
Contact for pricing
1125 Commerce Avenue, Longview, WA 98632
Two ground-floor storefront units totaling approximately 12,000 sq. ft., with one currently vacant in downtown Longview.
Property Size5,978 SF
Price / SF$150.55
Days on Market94
Property Features for 1125 Commerce Avenue
General Information
Standard status
Active
Size
5,978 SF
Property subtype
Retail
Zoning
D-C
Investment Type
Owner/User
Building Details
Year Built
1925
Stories
1
Units
2
Listing Agency:
KW Commercial Portland Premiere
Listed By:
Bradley King · License #OR 201235429
(503) 313-8262
Source:
Crexi
Added: Jul 9
Changed: Oct 10
Last Checked: Oct 9 at 7:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Portland Premiere
Investment Insights
Based on property information with market context.
This downtown Longview retail offering includes two parcels totaling approximately 12,000 square feet of ground-floor retail across two storefront units, with one unit currently vacant and available. The buildings were originally constructed in 1925 and maintain the architectural character and street presence associated with the historic core.
The property is located in the heart of Longview’s Downtown Commerce (D-C) district in Cowlitz County, directly serving the Commerce Avenue corridor.
Showings require 24-hour notice, Monday through Friday, from 9:00 a.m. to 5:00 p.m. For scheduling assistance, contact Bradley King.
The property is located in the heart of Longview’s Downtown Commerce (D-C) district in Cowlitz County, directly serving the Commerce Avenue corridor.
Showings require 24-hour notice, Monday through Friday, from 9:00 a.m. to 5:00 p.m. For scheduling assistance, contact Bradley King.
Key Highlights
- Two downtown Longview ground‑floor storefront units totaling approximately 12,000 SF
- One unit is currently vacant and available for immediate lease‑up
- Buildings originally constructed in 1925
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,159
Cap Rate
8.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,443,180
$1.4M
Cap Rate 7%
$1,030,843
$1.0M
Cap Rate 9%
$801,767
$801.8K
Market Conditions
NOI Build-Up for 5,978 SF
Gross rent
$107.6K $18.00/SF
− Vacancy
−$4.5K −$0.76/SF
EGI
$103.1K $17.24/SF
− OpEx
−$30.9K −$5.17/SF
NOI
$72.2K $12.07/SF
Area
Cowlitz County, WA
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,443,180
Cap Rate 7%
$1,030,843
Cap Rate 9%
$801,767
Alternative Uses
Best Use
Retail
$1.03M
$902.0K – $1.20M
NOI $72,159 @ 7.0% cap · market cap 8.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.97M
$1.72M – $2.30M
NOI $137,871 @ 7.0% cap · market cap 15.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,902
Businesses Nearby
139k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 34%
Dining 29%
Groceries 22%
Apparel 9%
Safeway
Groceries
30,948 visits/mo
0.3 miles
Dutch Bros. Coffee
Dining
18,882 visits/mo
0.4 miles
Safeway Gas
Shops & Services
16,977 visits/mo
0.2 miles
Goodwill
Apparel
12,890 visits/mo
0.2 miles
Jack in the Box
Dining
11,944 visits/mo
0.4 miles
Demographics for 98632, WA
50,721
Population
21,787
Households
2.3
Avg Household Size
41
Median Age
16%
College-Educated
90%
High-School Grad
121.4 sq mi
ZIP Area
418
Density / Sq Mi
$64,705
Median Household Income
$40,928
Median Earnings
$1,142
Median Rent
$355,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Storefront property - Two ground-floor storefront units totaling approximately 12,000 sq. ft., with one currently vacant in downtown Longview.
Where is this storefront property located?
The property is located at 1125 Commerce Avenue Longview, WA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Two downtown Longview ground‑floor storefront units totaling approximately 12,000 SF; One unit is currently vacant and available for immediate lease‑up; Buildings originally constructed in 1925
