1008-1048 14th Ave - Retail FOR SALE


Longview, WA 98632- Downtown Longview
$2,400,000 USD
360-601-9700
1008-1048 14th Ave, Longview, WA for Sale
$2,400,000 USD
Retail - FOR SALE
1/13
null | 9% Cap Rate

1008-1048 14th Ave
Longview, WA 98632
Downtown Longview


OVERVIEW

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% 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.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$126 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

119

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

C02

APN/PARCEL ID

0-1603,0-160501,0-1609

ASK ABOUT THIS PROPERTY

Todd WadeWoodford Commercial Real EstateMore Info
360-601-9700

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Todd WadeWoodford Commercial Real EstateMore Info
360-601-9700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.