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1801 1st Ave
Longview, WA 98632

$399,000 USD

Medical Condo For Sale  •  2,000 SF

Property Details

  • Property Type Medical
  • Total Building Size 13,367 SF
  • Lot Size 1.57 AC
  • Building Class B
  • Year Built 1996
  • Tenancy Multiple
  • Zoning RF1
30 Transit Score
51 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit 2A Medical Office 2,000 SF $399,000 USD
  • Unit Size: 2,000 SF
  • Condo Use: Medical Office
  • Price: $399,000 USD
  • Sale Type: Investment
  • 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.

Property Flyers

Amenities

  • Security System
  • Signage
  • Storage Space
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Kelso-Longview (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak) 3 min 20 min 1.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 70
Type: Surface
Included in Rent: Yes
Paul Young 360-597-0565 Fuller Group CRE
Paul Young 360-597-0565 Fuller Group CRE