1338 Commerce Ave | Longview, WA 98632
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- LoopNet Team
1338 Commerce Ave
Longview, WA 98632
Bowers Building · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Priced well below replacement cost at $133 per SF.
- The adjacent public parking lot and street parking compliment the properties’ existing parking lot and ensure ample parking availability for Tenants
- Benefits from strategic downtown location in proximity to nearby retail, housing, schools, and city services.
- Approximately 70% of the GLA are on a NNN leases, providing relatively low Landlord responsibilities for an office building.
- The building is professionally managed, and the existing management company would have strong interest in continuing to manage the building
PROPERTY FACTS
Property Type
Office
Building Size
47,590 SF
Building Class
B
Year Built
1926
Percent Leased
99%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
13,125 SF
Building FAR
1.19
Lot Size
0.92 AC
Zoning
D-C - Downtown Commerce District
AMENITIES
- Natural Light
PROPERTY TAXES
| Parcel Number | 0-0485 | Improvements Assessment | $5,774,700 |
| Land Assessment | $108,000 | Total Assessment | $5,882,700 |
PROPERTY TAXES
Parcel Number
0-0485
Land Assessment
$108,000
Improvements Assessment
$5,774,700
Total Assessment
$5,882,700
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