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    1312 Commerce Ave Longview, WA 98632

    Sponsored
    For Lease
    $9 SF/Yr ($4,370 /Mo)

    Prime Retail/Restaurant Opportunity

    Lot size:
    5,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Longview, WA property, located at 1310/1312 Commerce Avenue, offers 5,750 square feet of retail and restaurant space currently available for lease. The property consists of two contiguous units, each measuring 2,875 square feet, ideally suited for multiple tenants or a single large-scale operation. Unit 1310, a former bar, boasts an expansive open dining area, a substantial kitchen with a hood system, and a fully intact bar. Unit 1312, previously a restaurant, features a hood, grease trap, two walk-in refrigerators, high ceilings, and an open dining area. Both units benefit from excellent street visibility, ample parking at the front and rear of the building, and are situated in the heart of downtown Longview. Individual lease rates are $2,200 per month (Unit 1310) and $2,800 per month (Unit 1312), plus utilities. A discounted combined lease rate of $4,500 per month, plus utilities, is available for both units. While requiring renovation to suit individual tenant needs, qualified tenants may be eligible for incentives including free rent, reduced rates, and conversion to a vanilla shell. The property is located in Cowlitz County, WA, zip code 98632. This presents a unique opportunity for businesses seeking a high-visibility location in a thriving downtown area. The property's size and layout offer significant flexibility for a variety of retail and restaurant concepts.

    Property Features for 1312 Commerce Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,750 SF
    Total Rate
    4370

    Unit(s) available at that property

    Space
    1312 Commerce Avenue
    Size
    2,875 SF
    Rate per SF
    $11
    Space
    1310 Commerce Avenue
    Size
    2,875 SF
    Rate per SF
    $9

    HighLights

    • 5,750 SF of retail/restaurant space available for lease in Longview, WA (1310/1312 Commerce Ave).
    • Two contiguous 2,875 SF units, ideal for single or multiple tenants.
    • Unit 1310 (former bar): open dining area, large kitchen with hood, full bar. Unit 1312 (former restaurant): hood, grease trap, two walk‑in coolers, high ceilings, open dining area.
    • Excellent street visibility, ample front & rear parking in downtown Longview.
    • Lease rates: $2,200/month (Unit 1310), $2,800/month (Unit 1312), or $4,500/month combined; utilities extra; tenant improvement incentives possible.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Longview
    County
    Cowlitz
    State
    Washington
    Longitude
    -122.9338872
    Latitude
    46.1372596

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail/Restaurant Opportunity
    Where is this restaurant located?
    The property is located at 1312 Commerce Ave Longview, WA.
    What is the lease rate?
    The lease rate is $9-$11 SF/Yr.
    What are key features of this property?
    This property features: 5,750 SF of retail/restaurant space available for lease in Longview, WA (1310/1312 Commerce Ave).; Two contiguous 2,875 SF units, ideal for single or multiple tenants.; Unit 1310 (former bar): open dining area, large kitchen with hood, full bar. Unit 1312 (former restaurant): hood, grease trap, two walk-in coolers, high ceilings, open dining area.
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    Longview, WA 98632
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    Realmo Value Estimation

    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.

    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.

    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
    1312 Commerce Ave Longview, WA 98632
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