This Retail Property is no longer advertised on LoopNet.com.
1245 Commerce Ave
Longview, WA 98632
Retail Property For Sale

INVESTMENT HIGHLIGHTS
- The property has excellent rental history, and is currently 100% occupied. Red Hat took occupancy in 2007 and recently signed a 4-yr extension.
- Current ownership invested over $40,000 in CapEx over the past 2 years. Enhancements include apartment upgrades and exterior paint.
- The property is located in Longview, WA, the largest city along the I5 corridor, between Olympia and Vancouver, WA.
- The property boasts a Walk Score of 95, offering exceptional accessibility to nearby amenities including Lower Columbia College.
- At $84 per rentable SF, the property is being offered at a price well-below replacement cost.
- The building offers an on-site laundry room and in-unit laundry hookups for the 2-bedroom, 2-bathroom units.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,980 SF
Building Class
B
Year Built
1924
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.63
Lot Size
0.14 AC
Zoning
CO2 - Commercial Office
Frontage
46’ on Commerce Ave
PROPERTY TAXES
Parcel Number | 0-0539 | Improvements Assessment | $691,350 |
Land Assessment | $60,000 | Total Assessment | $751,350 |
Listing ID: 34718371
Date on Market: 2/4/2025
Last Updated:
Address: 1245 Commerce Ave, Longview, WA 98632
The Downtown Longview Retail Property at 1245 Commerce Ave, Longview, WA 98632 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.