Mixed-Use Property with
For Sale
Contact for pricing
1245 Commerce Ave, Longview, WA 98632
Fully occupied asset combines residential units with street-level commercial space.
Property SizeContact for details
Days on Market144
Property Features for 1245 Commerce Ave
General Information
Standard status
Active
Property subtype
Mixed Use, Multifamily
Occupancy
100%
Site & Location
Anchor Co-Tenants
Red Hat Thrift Store
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
1 x 2BR, 6 x 1BR
Multifamily Units
7
Building Details
Tenancy
Multi
Listing Agency:
Kidder Mathews Seattle
Listed By:
Maggie Verger · License #WA 116408
(206) 600-8500
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 12:23PM
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 Kidder Mathews Seattle
Investment Insights
Based on property information with market context.
This mixed-use property combines seven leased apartments with one street-level retail space. The residential component includes one two-bedroom apartment and six one-bedroom apartments, while the commercial space is occupied by Red Hat Thrift Store under a recently extended 4-year lease. The property is described as well maintained and fully occupied.
Located at 1245 Commerce Ave in Longview, Washington, the building sits along Commerce Ave and within the downtown area. It has a Walk Score of 95 and access to I-5, with Portland 50 miles south and Olympia 55 miles north. The combination of residential occupancy and an established commercial tenant creates a straightforward mixed-use configuration.
Located at 1245 Commerce Ave in Longview, Washington, the building sits along Commerce Ave and within the downtown area. It has a Walk Score of 95 and access to I-5, with Portland 50 miles south and Olympia 55 miles north. The combination of residential occupancy and an established commercial tenant creates a straightforward mixed-use configuration.
Key Highlights
- Seven apartments and one street‑level commercial space
- Unit mix includes 1 2 Bedroom Apartment and 6 1 Bedroom Apartments
- 100% occupied
Property Analytics
Current Use
Lease Details
7
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,944
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully occupied asset combines residential units with street-level commercial space.
Where is this mixed-use property located?
The property is located at 1245 Commerce Ave Longview, WA.
What are key features of this property?
This property features: Seven apartments and one street‑level commercial space; Unit mix includes 1 2 Bedroom Apartment and 6 1 Bedroom Apartments; 100% occupied
