Commerce Ave Apartments

1245 Commerce Avenue, Longview, WA 98632

  • For Sale $840,000
  • Property Type Multi-Family
  • Property Size 9,980 SF
  • Cap Rate % 7.5
  • Year Built 1924
  • Date Updated Mar 3, 2025

The Verger Team is 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 longterm 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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Kidder Mathews

broker

Kidder Mathews

Location

Getting Around

  • Walk Score ®

    94/100 Walker's Paradise
  • Transit Score ®

    31/100 Some Transit
  • Bike Score ®

    63/100 Bikeable
Powered by Walk Score ®
  • City Longview, WA
  • Zip Code 98632
  • Market Portland

Points of Interest

  • Kelso-Longview

    1.11 miles

  • Astro

    0.10 miles

  • Safeway Fuel Station

    0.14 miles

  • Shell

    0.36 miles

  • 76

    0.61 miles

  • Chevron

    0.67 miles

  • Sinclair

    0.70 miles

  • Arco

    0.74 miles

  • Electrify America

    1.63 miles

  • Tesla Supercharger

    1.80 miles

  • Lot F

    0.30 miles

  • Lot C

    0.43 miles

  • International Center

    0.47 miles

  • Lot B

    0.51 miles

  • Lot A

    0.53 miles

  • Lot J

    0.53 miles

  • Lot I

    0.57 miles

  • bus parking

    3.73 miles

  • Fisherman's Loop Boat Launch

    7.56 miles

  • Columbia Suite Hotel

    0.19 miles

  • Hudson Manor Inn & Suites

    0.21 miles

  • Monticello Hotel

    0.33 miles

  • North Wing Motel

    0.34 miles

  • Longview Inn

    0.34 miles

  • Town Chalet Motel

    0.38 miles

  • Traveler's Inn

    0.53 miles

  • Quality Inn & Suites

    0.78 miles

  • Town House Motel

    0.79 miles

  • Best Western Aladdin Inn

    1.10 miles

  • Galaxy Gourmet

    0.03 miles

  • Mill City Grill

    0.03 miles

  • Golden Palace

    0.07 miles

  • Country Folks Deli

    0.09 miles

  • Siam Spice

    0.10 miles

  • Gyros Gyros

    0.11 miles

  • Minami Teriyaki

    0.11 miles

  • The Lemon Drop Cafe & Catering

    0.12 miles

  • Teri's on Broadway

    0.13 miles

  • Taste of Sichuan

    0.15 miles

  • Stylemasters

    0.04 miles

  • Broadway School

    0.41 miles

  • Lower Columbia College

    0.49 miles

  • Mark Morris High School

    0.59 miles

  • Kessler Elementary School

    0.61 miles

  • Northlake Elementary School

    0.70 miles

  • Southwest Washington Esthetics Institute

    0.83 miles

  • Saint Rose Parish School

    0.92 miles

  • Wallace Elementary School

    1.09 miles

  • R.A. Long High School

    1.10 miles

  • Kinderland

    0.10 miles

  • Polly's Daycare

    0.64 miles

  • Wee Care Day Care & Preschool

    1.20 miles

  • Wee Care Day Care

    1.54 miles

  • Lil Red Barn Academy

    4.56 miles

Frequently Asked Questions

How much does Commerce Ave Apartments cost?

The space currently listed for sale at Commerce Ave Apartments asks for $840,000.

What is the total square footage of Commerce Ave Apartments?

Commerce Ave Apartments totals 9,980 square feet.

When was this property built?

Commerce Ave Apartments was built in 1924.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Commerce Ave Apartments
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