1801 1st Ave - Medical CONDO FOR SALE


Longview, WA 98632
$399,000 USD
360-560-3165
1801 1st Ave, Longview, WA for Sale
$399,000 USD
Medical CONDO - FOR SALE
1/49
null | 10.58% Cap Rate

1801 1st Ave
Longview, WA 98632


OVERVIEW

Rare investment opportunity for an approx. 2,000 SF leased dental office in Longview, WA. The office condominium features 4 operatories, lab area, X-ray area, reception and waiting area, one private office, kitchenette, and two restrooms. Large private parking lot with ample parking Property being sold below an October 2024 appraised value of $450,000. Tenant pays all expenses including condo association dues. High current cap rate of 10.58% with potential upside when current lease expires and the existing tenant either renews or vacates the premises.

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

10.58%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

13,367 SF

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

1.57 AC

LAND SF

68,389 SF

ZONING

RF1

APN/PARCEL ID

0-67952000,0-67952003,0-67952006,0-67952007

ASK ABOUT THIS PROPERTY

Paul YoungFuller Group CREMore Info
360-560-3165

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Paul YoungFuller Group CREMore Info
360-560-3165

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