1106 Douglas St - Medical FOR SALE


Longview, WA 98632- Broadway
$1,059,000 USD
360-556-5101
1106 Douglas St, Longview, WA for Sale
$1,059,000 USD
Medical - FOR SALE
1/15
null | 7.33% Cap Rate

1106 Douglas St
Longview, WA 98632
Broadway


HIGHLIGHTS

  • 7.3% CAP Rate
  • 100% Occupancy

OVERVIEW

Great value opportunity in this fully occupied office/medical building. The property offers approximately 12,439 SF on a 20,125 SF lot and is divided into six suites. Positioned on a corner lot, the building provides excellent visibility, multiple signage options, and plus plenty of onsite private parking spaces. A majority of the suites have been tastefully updated within the past decade, and the building has maintained historically low vacancy rates. Potential for rent increases upon lease renewals and currently offered at 7.3% CAP rate, this is an ideal investment for expanding your portfolio or starting your commercial real estate journey. Contact us today for more information.

FOR SALE DETAILS

PRICE

$1,059,000 USD

PRICE/SF

$85 USD /SF

CAP RATE

7.33%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1932

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

M1A

APN/PARCEL ID

0-8757

ASK ABOUT THIS PROPERTY

Chris RoeweWoodford Commercial Real EstateMore Info
360-556-5101

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Chris RoeweWoodford Commercial Real EstateMore Info
360-556-5101

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