1312 Commerce Ave Longview, WA 98632-3096
This exceptional Longview, WA property, located at 1310/1312 Commerce Avenue, offers 5,750 square feet of retail and restaurant space currently available for lease. The property consists of two contiguous units, each measuring 2,875 square feet, ideally suited for multiple tenants or a single large-scale operation. Unit 1310, a former bar, boasts an expansive open dining area, a substantial kitchen with a hood system, and a fully intact bar. Unit 1312, previously a restaurant, features a hood, grease trap, two walk-in refrigerators, high ceilings, and an open dining area. Both units benefit from excellent street visibility, ample parking at the front and rear of the building, and are situated in the heart of downtown Longview. Individual lease rates are $2,200 per month (Unit 1310) and $2,800 per month (Unit 1312), plus utilities. A discounted combined lease rate of $4,500 per month, plus utilities, is available for both units. While requiring renovation to suit individual tenant needs, qualified tenants may be eligible for incentives including free rent, reduced rates, and conversion to a vanilla shell. The property is located in Cowlitz County, WA, zip code 98632. This presents a unique opportunity for businesses seeking a high-visibility location in a thriving downtown area. The property's size and layout offer significant flexibility for a variety of retail and restaurant concepts.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.