Commerce Ave Apartments

For Sale

1245 Commerce Avenue, Longview, WA 98632

This Longview property for sale is located at 1245 Commerce Avenue. The current listed sale price for Commerce Ave Apartments is $840,000.

Contacts

broker
Maggie Verger

Kidder Mathews

broker
Kevin Verger

Kidder Mathews

Property Details

  • 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

Getting around

  • 94/100

    Walk Score ®

  • 31/100

    Transit Score ®

  • 63/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Safeway

    0.19 miles

  • Tienda Mexicana Veracruz

    0.38 miles

  • WinCo Foods

    0.46 miles

  • Marshalls

    0.58 miles

  • Ross

    0.67 miles

  • Grocery Outlet

    0.77 miles

  • Big Lots

    0.93 miles

  • Walmart Supercenter

    1.21 miles

  • St. Helens Shopping Center

    1.35 miles

  • Fred Meyer

    1.65 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Commerce Ave Apartments
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