717 Vandercook Way Longview, WA 98632

Property Details for 717 Vandercook Way

Year built

1935

Property type

Commercial real estate

Description

This exceptional two-story commercial building, located at 717 Vandercook Way in Longview, WA, presents a compelling investment opportunity. Boasting approximately 11,562 square feet, the property is divided into seven individual spaces, ideal for a diverse range of tenants. The building benefits from a substantial parking lot and a rear parking easement, ensuring ample parking for occupants and visitors. Its prime corner location offers unparalleled visibility and excellent signage opportunities, maximizing exposure to potential customers. A significant portion of the building's interior has undergone tasteful updates within the last five years, reflecting a commitment to modern aesthetics and functionality. Currently operating at a 6.5% capitalization rate, this property offers a strong return on investment with significant potential for future growth. Historically low vacancy rates and the possibility of rent increases upon lease renewals further enhance its attractiveness. The building's robust tenant base and strategic location contribute to its consistent performance and long-term viability. This is a rare opportunity to acquire a well-maintained, high-performing commercial property in a desirable location. The property is priced at $2,450,000. Serious inquiries are encouraged.

Location Insight

City

Longview

County

Cowlitz

State

Washington

Longitude

-122.924

Latitude

46.1455