1750 Hudson StLongview, WA 98632

Property Details for 1750 Hudson St

Year built

1998

Property size (Sq ft)

3,531 SF

Property type

Office properties

Property subtype

Office buildings

APN

17140100

APU

17140100

Description

This exceptional commercial property at 1750 Hudson Street, Longview, WA, presents a rare investment opportunity. Currently occupied by Key Bank, a long-standing tenant with a recently exercised 5-year lease extension, ensuring consistent income for the foreseeable future. The bank has operated at this location for over 24 years, demonstrating the property's enduring appeal and strong tenant loyalty. Situated on a main arterial thoroughfare, the intersection of Hudson Street and Washington Way, this property benefits from high visibility and significant daily traffic. Its strategic location, just blocks from Lower Columbia College, the Triangle Shopping Center, and various government offices, contributes to excellent walkability and high foot traffic. The property offers a compelling 6% capitalization rate, making it an attractive addition to any investment portfolio seeking stable returns. This is a turnkey investment with a proven track record of success and a secure, long-term tenant. The property's prime location and strong tenant history make it a highly desirable asset in the Longview commercial real estate market. Further details are available upon request. This is a unique opportunity to acquire a stable, income-generating property in a thriving location. Don't miss out on this chance to add a valuable asset to your holdings.

• CAP approach

  CAP return

  Valuation

  6%

  $969,824

  6.5%

  $895,223

  7%

  $831,278

• Comparable approach

  Method

  Valuation

  Relative Method

  $680,000

  Geo Method

  $680,000

• Alternative Use

  Use

  Valuation

  Residential

  $1,110,076

  Hospitality

  $1,016,824

  Educational

  $845,985

  Medical

  $875,080

  Retail

  $1,315,977

Location Insight

City

Longview

County

Cowlitz

State

Washington

Latitude

46.1379

Longitude

-122.941

CBSA code

31020

CBSA name

LONGVIEW, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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