2nd Floor - Unit 2A
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Medical Office
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2,000 SF
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$399,000 USD
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Unit Size: 2,000 SF
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Condo Use: Medical Office
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Price: $399,000 USD
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Sale Type: Investment
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Price/SF: $199.50 USD
Sale Notes
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.
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