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1008-1048 14th Ave 19,000 SF 87% Leased Retail Building Longview, WA 98632 $2,400,000 ($126.32/SF) 9% Cap Rate

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EXECUTIVE SUMMARY

Long-established retail building located at 14th Ave Plaza is now available for sale! This property makes up two-thirds of the plaza and offers approx. 19,000 SF spread over two parcels with 14 tenant suites. It provides excellent visibility with strong signage opportunities, a large parking lot, and a shared parking easement. Currently offered at a 7.3% CAP rate, the property benefits from historically low vacancy and the potential for rental increases at lease renewals, presenting a compelling upside with a 9% proforma CAP rate. With the added potential to acquire the entire plaza, this property is a strong investment opportunity and a valuable addition to any portfolio. Call today to get more information on this property.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
19,000 SF
Building Class
C
Year Built
1979
Price
$2,400,000
Price Per SF
$126.32
Cap Rate
9%
NOI
$216,000
Percent Leased
87%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.44
Lot Size
1.00 AC
Zoning
C02 - Office and Commercial Zone
Parking
119 Spaces (3.97 Spaces per 1,000 SF Leased)
Frontage
375’ on 14th Avenue

AMENITIES

  • Bus Line
  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • A & J Driving School
  • Professional, Scientific, and Technical Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Bishop Paper Shop
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Bombshell Beauty Co
  • Arts, Entertainment, and Recreation
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Capital Stoneworks
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • -
  • Crossroads Barber Shop
  • Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Hanks Art & Tattoo
  • Arts, Entertainment, and Recreation
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • -
  • Happy Nails
  • Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Huifen Massage
  • Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Kids Resale
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Traci's Pet Shop
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
A & J Driving School Professional, Scientific, and Technical Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Bishop Paper Shop Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000
Bombshell Beauty Co Arts, Entertainment, and Recreation 99,999 SF $9.99 Lorem Ipsum Jan 0000
Capital Stoneworks Retailer 99,999 SF $9.99 Lorem Ipsum -
Crossroads Barber Shop Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Hanks Art & Tattoo Arts, Entertainment, and Recreation 99,999 SF $9.99 Lorem Ipsum -
Happy Nails Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Huifen Massage Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Kids Resale Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000
Traci's Pet Shop Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1044/1046
  • 1,200-2,400 SF
  • Retail
  • In-Line
  • Now

This strip center has two suites available for lease either separately or together. 1044 & 1046 is approximately 1200 SF+/- each side open floor plan with tall ceilings, and large windows with lots of natural light. Recently updated with white painted walls and floor stripped to bare concrete. A clean blank canvas to envision your business in! Asking $1,200 per month plus Triple Net charges. This center is on 14th Avenue across from the Goodwill. Very visible, a lot of parking and good signage opportunities make this a must-see. Call today for your private tour.

Space Size Space Use Position Available
1044/1046 1,200-2,400 SF Retail In-Line Now

1044/1046

Size
1,200-2,400 SF
Space Use
Retail
Position
In-Line
Available
Now

1044/1046

Size 1,200-2,400 SF
Space Use Retail
Position In-Line
Available Now

This strip center has two suites available for lease either separately or together. 1044 & 1046 is approximately 1200 SF+/- each side open floor plan with tall ceilings, and large windows with lots of natural light. Recently updated with white painted walls and floor stripped to bare concrete. A clean blank canvas to envision your business in! Asking $1,200 per month plus Triple Net charges. This center is on 14th Avenue across from the Goodwill. Very visible, a lot of parking and good signage opportunities make this a must-see. Call today for your private tour.

Walk Score®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Safeway
CrossFit
Dutch Bros
KeyBank
Heritage Bank
The YMCA
U.S. Bank
Columbia Bank
WW
Snap Fitness 24/7

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0-1603
  • 0-160501
Land Assessment
$273,600 (2024)
Improvements Assessment
$1,600,780 (2024)
Total Assessment
$1,874,380 (2024)
  • Listing ID: 37460910

  • Date on Market: 8/28/2025

  • Last Updated:

  • Address: 1008-1048 14th Ave, Longview, WA 98632

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