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Listing provided courtesy of Kidder MathewsMLS# 692403MLS Provider
  • 469 days on site
  • 0 views

We are pleased to present the opportunity to acquire a 100% occupied mixed-use property located in Longview, Washington. This well-maintained asset consists of seven fully-leased apartments and one retail space, anchored by Red Hat Thrift Store, a long-term tenant who recently committed to a 4-year lease extension.Strategically positioned on Commerce Ave, one of Longview???s primary commercial corridors, the property benefits from excellent accessibility to major freeways, including I-5, providing access to larger cities such as Portland (50 miles south) and Olympia (55 miles north). Its central downtown location offers a high Walk Score of 95, ensuring close proximity to local amenities and services, as well as consistent tenant and customer traffic.INVESTMENT HIGHLIGHTS:-Strong Histor

Source: Seattle Commercial, MLS#: 692403

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  • Property Type
    Residential Income

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RainTown Realty

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  • Median Age
    40
  • Population Density
    382
  • College Educated
    28%
  • Estimated Median Income
    $51,188
  • Estimated Total Home Owners
    12,254
  • Estimated Total Renters
    8,588
  • Owner / Renter Divide
    59% / 41%
  • Estimated Average Household Size
    2
  • Total Population
    52,489
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1245 Commerce Ave

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/18/2025Source: Seattle Commercial Added to Database
March 18, 2025