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Financial
Distress signals
Property profile

1124 Washington Way Longview, WA 98632

FOR SALE
Turn key restaurants
Property ID
US90-1545097
4,062 SF 0.14 ac lot Built 1961
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value · 2022$466k
Assessed land$180k
Assessed improvement$286k
Effective rate0.89%

Value estimate

· Oct 2026
$220k
$198k – $242k
AI approach$220k
NOI build-up
Gross scheduled income$88k
Vacancy & credit loss−$4k
Operating expenses−$21k
NOI · 10.52% cap applied$63k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$166/SF
County average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$81 – $231

Cap rate analysis

How does the asset earn?
10.52%
$63k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOWLITZ

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop23.4
Storage Facility14.7
Kitchen & Bath13.8

Location

1124 Washington Way Longview, WA 98632
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1610 15th, Longview, WA 98632-3919 $1,489,995 Feb 2026 4,564 SF
3109 Ocean Bch, Longview, WA 98632-4343 $899,995 Jul 2025 3,948 SF
1247 Commerce, Longview, WA 98632-3026 $859,995 Apr 2025 5,600 SF
1809 Washington, Longview, WA 98632-2914 $1,799,979 Apr 2025 2,870 SF
935 Vandercook, Longview, WA 98632-4172 $168,000 Dec 2024 4,200 SF
804 Ocean Bch, Longview, WA 98632-4011 $1,249,995 Mar 2024 5,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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