1152 Commerce AveLongview, WA 98632

Property Details for 1152 Commerce Ave

Year built

1931

Lot size

0.14 AC

Property size (Sq ft)

5,156 SF

Property type

Retail properties

Property subtype

Retail space

APN

1593

APU

1593

Description

This exceptional 5,600-square-foot storefront, located at 1152 Commerce Ave in the heart of Longview, Washington's downtown core, presents a compelling investment opportunity. Boasting a 7.20% cap rate and a price per square foot of $106.96, this multi-tenant property offers a strong return on investment. Situated on a 6,000-square-foot lot (APN 01593), the building benefits from high visibility thanks to recent exterior improvements including fresh paint and natural cedar siding. A major renovation in 2023 included significant tenant improvements, ensuring long-term lease stability. The property features a new roof, HVAC system, lighting, and electrical upgrades. Currently 100% occupied, this NNN-leased property is zoned DC | Downtown Core and was built in 1931. This is a turnkey investment ready for immediate income generation. Contact us today to schedule a private showing.

Location Insight

City

Longview

County

Cowlitz

State

Washington

Latitude

46.1348

Longitude

-122.935

CBSA code

31020

CBSA name

LONGVIEW, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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