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    1124 Washington Way Longview, WA 98632

    Sponsored
    For Sale
    $699,999

    Prime Longview location, established business, high visibility.

    Property size:
    4,062 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,062-square-foot restaurant and bar, situated on a 12,197-square-foot lot at 1124 Washington Way in Longview, Washington, presents a lucrative investment opportunity. The property, built in 1961, boasts a highly visible location within Longview's central business district (CBD), benefiting from a traffic count exceeding 25,000 vehicles per day and excellent signage. Recently refreshed with exterior paint, the single-story building offers abundant natural light and well-designed spaces for dining, bar service, and kitchen operations. Ample parking is available for patrons. The property is zoned for multiple uses within the CBD, offering flexibility for future business ventures. The asking price is $699,999, translating to $172.33 per square foot. The lease type is NNN (Net, Net, Net), and the tenancy is single. Personal property may be included in the sale, contingent upon buyer preference. This is a turn-key opportunity in a thriving commercial area. The APN is 09501. Don't miss this chance to own a well-established business in a high-traffic location.

    Property Features for 1124 Washington Way

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,062 SF

    Building Details

    Year Built
    1961
    Buildings
    1
    Stories
    1

    HighLights

    • 4,062 SF restaurant/bar on a 12,197 SF lot in Longview, WA's central business district.
    • High‑visibility location with over 25,000 vehicles daily.
    • Recently refreshed exterior, ample natural light, and ample parking.
    • $699,999 asking price ($172.33/SF), NNN lease, single tenant.
    • Potential for multiple uses (CBD zoning), personal property may be included.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Longview
    County
    Cowlitz
    State
    Washington
    Longitude
    -122.9317511
    Latitude
    46.1427286

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    FAQs

    What type of property is this?
    Individual retail property - Prime Longview location, established business, high visibility.
    Where is this individual retail property located?
    The property is located at 1124 Washington Way Longview, WA.
    What is the asking price?
    The asking price for this property is $699,999.
    What are key features of this property?
    This property features: 4,062 SF restaurant/bar on a 12,197 SF lot in Longview, WA's central business district.; High-visibility location with over 25,000 vehicles daily.; Recently refreshed exterior, ample natural light, and ample parking.
    Request Owner's contact information
    1124 Washington Way Longview, WA 98632
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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
    1124 Washington Way Longview, WA 98632
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