803 Vandercook Way
Longview, WA 98632
0.24 acres | #2298787
Description
Great mixed-use retail investment opportunity now available. Located in highly traveled and visible location, this property has been freshly updated with paint (inside and out), flooring, and much more. The tenant mix and unit sizes have provided this stable leasing base as this building has remained almost full over the past years and is being offered at a 6% Cap Rate. Multiple tenants have called this location home for their business for well over 5 years. This property has significant upside in rent increases as leases come up for renewal. Potential expansion or creation of more space in the unused common area. This would make a great addition to your portfolio. Call today for additional information.
Property Details
- Exterior MaterialsCement/Concrete, Stucco
- Style60 - Comm Bldg Und 10K
- Property SubtypeCommercial Industrial
- InteriorWall to Wall Carpet
- Date ListedOctober 05, 2024
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- Structure TypeUnspecified
- Original List Price$1,120,000
- Property TypePurchase
- SubdivisionLongview
- CountyCowlitz
- MLS #2298787
- Cost1190000
- MLS #2298787
- Acres0.2426
- Utility SourcePublic
- Taxes Annual$6,177
- Year Built1962
- Property ConditionGood
- Days on Market (Cumulative)72
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-11-13 20:17:05. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Chris Roewe (#NWM59546)
Listing Office: Woodford CRE (#NWM181)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
