4807 Ocean Beach Hwy Longview, WA 98632
- Commercial real estate
- 0.95 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4807 Ocean Beach Hwy
- Year built
- 1951
- Lot size
- 0.95 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity in Longview, WA, presents a unique blend of residential and commercial income streams. The property consists of two parcels sold together: a three-bedroom house and a separate parcel containing 28 secure, fenced storage units, two open storage spots, and two fenced RV rental spaces. The house, located at 4807 Ocean Beach Highway, features a double garage and a fenced backyard, and is currently rented, providing immediate cash flow. The property boasts a long history of tenant occupancy, indicating strong rental demand and potential for continued income generation. The storage units are also well-established, offering additional revenue streams. The combined parcels encompass 0.95 acres of land. The asking price for this turnkey investment is $850,000. Both the house (Parcel W-L2410007) and the storage units (Parcel W-L24090009) must be purchased together. Please respect the current tenant's privacy and do not disturb. Full tenant rights apply. This property is ideal for an investor seeking a diversified portfolio with established rental income and significant potential for future growth. The combination of residential and commercial components provides a unique and attractive investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Longview
- County
- Cowlitz
- State
- Washington
- Longitude
- -123.006
- Latitude
- 46.1661
