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    1124 Washington Way Longview, WA 98632

    Sponsored
    For Lease
    $13 SF/Yr ($4,508 /Mo)

    Prime Longview restaurant, 4,062 sq ft.

    Lot size:
    4,062 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional restaurant/bar opportunity is located in the heart of Longview, WA's bustling commercial district at 1124 Washington Way. The 4,062 square foot building sits on a spacious 12,000 square foot lot (28 acres total land), offering excellent visibility and accessibility. Recent exterior painting enhances the property's curb appeal, complemented by prominent signage in a high-traffic area boasting over 25,000 vehicles per day. The interior features abundant natural light and a well-designed layout encompassing dining, bar, and kitchen spaces. The property's zoning allows for diverse uses, providing flexibility for potential tenants. Personal property, including existing restaurant equipment, may be included in the lease agreement. The asking rent is $4,500 per month, plus triple net charges. This is a rare chance to secure a prime commercial property in a thriving location. Schedule a viewing today to explore the possibilities. APN: 09501, Cowlitz County.

    Property Features for 1124 Washington Way

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,062 SF
    Total Rate
    4508.82

    Unit(s) available at that property

    Space
    Size
    4,062 SF
    Rate per SF
    $13
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -122.93145748605
    Latitude
    46.1426065545

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    FAQs

    What type of property is this?
    Restaurant - Prime Longview restaurant, 4,062 sq ft.
    Where is this restaurant located?
    The property is located at 1124 Washington Way Longview, WA.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    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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