Property profile

3061 Ocean Bch Hwy Longview, WA 98632

OFF-MARKET
Turn key restaurants
Property ID
US90-0021216
8,148 SF 0.68 ac lot Built 1969
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 5,800 square foot, Class A commercial property, located at 3061 Ocean Beach Hwy, Longview, offers three suites for lease in a brand-new, single-story building completed in 2024. The building features a convenient location with high traffic counts and excellent visibility, anchored by a Starbucks. Spaces are available in flexible sizes ranging from 1,500 to 3,300 square feet, catering to diverse business needs. The property is zoned for General Commercial use and boasts ample parking. Suites can be delivered as a vanilla shell or fully built-out, ready for immediate occupancy. The minimum leasable space is 1,500 square feet. This is an unparalleled opportunity to establish your business in a thriving Longview commercial hub. Lease rates are dependent on the desired space size and build-out condition. Delivery is anticipated for the third quarter of 2025. The property's APN is 06660 and is conveniently located near Michigan Ave. No elevators are present in this single-story building.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1969
Total area 8,148 SF
Lot 0.68 ac (29,621 SF)
APN 6660
UPID US90-0021216

Cap rate & NOI

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

Location

3061 Ocean Bch Hwy Longview, WA 98632-4341
Longview metro Census 601 LONGVIEW, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$900k
CAP Approach CAP
by Request
Comparable Approach Comparable
$721k
Blend (final) Blend
$900k

Owner & transaction history

since 2025
Last sale
$899,995
6 recorded transactions
2025
Price N/A
2025
Price N/A
2024
$899,995
2004
Price N/A
2004
Price N/A
2004
$29,154

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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