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Property profile & analytics
OFF-MARKET
Retail space

1209 Commerce Ave Longview, WA 98632-3026

5,500 SF 0.14 ac lot Built 1929
Entity Owned 3-yr Hold Free & Clear
Property ID
US90-0620839
Property summary
AI-generated overview

This exceptional 6,000 square foot retail space, located at 1209 Commerce Ave, Longview, presents a unique investment opportunity. Built in 1929 and situated in the D-C Downtown Commerce District (APN 00545), this single-tenant property offers a versatile layout ideal for a variety of businesses. The expansive open floor plan is flooded with natural light, creating a bright and inviting atmosphere. A key feature is the functional mezzanine level, providing dedicated office space with a commanding view of the main retail area. Beyond the main space, a substantial rear storage area offers ample room for inventory or equipment. The property's location near Hemlock St ensures high visibility and accessibility. This remarkable space is available for lease at a competitive monthly rate of $2,700, plus utilities. The property's historical charm combined with its modern functionality makes it an exceptional opportunity for a discerning tenant seeking a prominent downtown location. This is a single-tenant property with no shared spaces. The zoning designation is D-C Downtown Commerce District. Don't miss this chance to secure a prime retail space in the heart of Longview.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1929
Total area 5,500 SF
Lot 0.14 ac (6,000 SF)
APN 545
UPID US90-0620839
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Children's Discovery Museum Family Recreation Center Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ayra Investments LLC · 3 yrs held
Ayra Investments LLC
since 2022
Last sale
$1.0M
2 recorded transactions
2022
Price N/A
2019
$1.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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