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Multi-Tenant Office Building
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1338 COMMERCE AVE, Longview, WA 98632

Fully leased office property with government and other tenants in a downtown commercial setting.

Property Size45,455 SF
Price / SF$169.40
Days on Market143

Property Features for 1338 COMMERCE AVE

General Information

Standard status Active
Size 45,455 SF
Class B
Property subtype Retail, Office
Occupancy 100%
Lease Type NNN
Net Operating Income $450,168

Building Details

Year Built 1926
Buildings 1
Stories 4
Units 29
Tenancy Multi
Listing Agency: Windermere Commercial
Listed By: Paul Young · License #21011911
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Jun 19 at 3:44AM

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 Windermere Commercial

Investment Insights

Based on property information with market context.

The Bowers Building is a 47K+ square foot office property arranged for multiple occupants and currently leased at 100%. Its tenant roster includes several government users, including Cowlitz County Child Services and the SW Washington Agency on Aging and Disabilities (SWAAD).

The building occupies a downtown Longview location at the intersection of Broadway Street and Commerce Avenue. Commercial properties and dense residential areas surround the site, placing the office asset within an established central business setting. The property is offered for sale as an occupied office building with a diversified tenant mix.

Key Highlights

  • 47K+ square foot office building
  • 100% leased to a diverse mix of tenants
  • Includes government tenants such as Cowlitz County Child Services and SW Washington Agency on Aging and Disabilities (SWAAD)

Property Analytics

Current Use

Baldwin Legal Services ... Law Firm Dr. Ned G. ... Physician Guild Mortgage - Akeyla ... Consultant Cascade AIDS Project ... Charitable Organization Bowers Down Special ... Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Tanning Salon Restaurant Fish Market Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,944
Businesses Nearby

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Fully leased office property with government and other tenants in a downtown commercial setting.
Where is this office building located?
The property is located at 1338 COMMERCE AVE Longview, WA.
What is the asking price?
The asking price for this property is $7,700,000.
What are key features of this property?
This property features: 47K+ square foot office building; 100% leased to a diverse mix of tenants; Includes government tenants such as Cowlitz County Child Services and SW Washington Agency on Aging and Disabilities (SWAAD)
(503) 952-0700 Call to check price and availability
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