Technical
Financial
Distress signals
Property profile

1217 3Rd Ave Longview, WA 98632

FOR SALE
Retail space
Property ID
US90-0841304
2,880 SF 0.48 ac lot Built 2021
Entity Owned 5-yr Hold ~ Est. High Equity
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For Sale
Contact for pricing 2,880 SF
1217 3Rd Ave, Longview, WA 98632
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Property summary

AI-generated overview

This exceptional 23,900-square-foot mixed-use commercial property, located at 1217 3rd Ave in Longview, Washington, presents a unique opportunity for businesses seeking a prominent location. Built in 2021, the entire building is currently vacant, offering complete flexibility for a single tenant or multiple occupants. The property sits on a sizable 1.4-acre lot, providing ample space for parking, loading, and potential future expansion. The minimum divisible space is 3,150 square feet, allowing for adaptability to various business needs, while the maximum contiguous space available is the entire 23,900 square feet. This build-to-suit property offers a blank canvas for creating a customized commercial space tailored to specific requirements. Its central Longview location ensures high visibility and accessibility, making it an ideal choice for businesses seeking a strong presence in this thriving community. The property is situated in Cowlitz County, Washington, with a zip code of 98632. This is a rare opportunity to secure a large, modern, and versatile commercial space in a desirable location. The property's size and flexibility make it suitable for a wide range of commercial uses.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2021
Total area 2,880 SF
Lot 0.48 ac (21,000 SF)
APN 10043
UPID US90-0841304

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Production Facility Brewery & Distillery

Location

1217 3Rd Ave Longview, WA 98632
Longview metro Census 2100 LONGVIEW, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2021
Last sale
$425,000
7 recorded transactions
2022
Price N/A
2021
$91,000
2020
$7,970
2019
$425,000
2005
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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