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1221-1227 17th Ave
Longview, WA 98632
Office Property For Sale


Executive Summary
Investment Opportunity! Fully leased Retail Building. Five separate spaces. Long term tenants include a Salon, Massage Therapist, Daycare (2 Spaces) and Barber. Opportunity to increase income upon lease renewals. All suites have had recent updates. One level building. ADA Compliant. Building sf 4,266 with 5401sf lot. Street parking plus current owner leases part of adjacent parking lot. Great downtown location. Don't let this opportunity pass you by. Contact Listing Brokers for more information.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
4,266 SF
Building Class
C
Year Built
1958
Price
$599,900
Price Per SF
$140.62
Cap Rate
6.72%
NOI
$40,325
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,266 SF
Building FAR
0.82
Lot Size
0.12 AC
Zoning
C02 - Commercial Zoning
Amenities
- 24 Hour Access
Property Taxes
| Parcel Number | 0-0661 | Improvements Assessment | $285,330 |
| Land Assessment | $43,200 | Total Assessment | $328,530 |
Property Taxes
Parcel Number
0-0661
Land Assessment
$43,200
Improvements Assessment
$285,330
Total Assessment
$328,530
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