Holos Building | 1152 Commerce Ave
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Holos Building 1152 Commerce Ave
5,600 SF 100% Leased Retail Building Longview, WA 98632 $849,065 CAD ($152 CAD/SF) 7.21% Cap Rate
Investment Highlights
- Updated fully remodled building
Executive Summary
Ideally located investment property in the heart of Longview’s downtown core. This building is 5,600 SF that sits on a 6,000 SF lot. This building is highly visible with recent completion of exterior paint and Natural Cedar Siding. Major remodel in 2023 with updated tenant improvements and long-term leases. New roof, New HVAC, New lighting and electrical, so call today to reserve a private tour of this excellent investment property.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,600 SF
Building Class
B
Year Built/Renovated
1931/2023
Price
$849,065 CAD
Price Per SF
$152 CAD
Cap Rate
7.21%
NOI
$61,218 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.93
Lot Size
0.14 AC
Zoning
Downtown Core
Parking
4 Spaces (0.71 Spaces per 1,000 SF Leased)
Frontage
50 ft on Commerce Ave
Amenities
- 24 Hour Access
- Bus Line
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Gifted
- Retailer
- 2,700 SF
- $10.70 CAD
- Net
- Nov 2027
- Holos Yoga
- Arts, Entertainment, and Recreation
- 2,900 SF
- $11.14 CAD
- Net
- Jan 2027
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Gifted | Retailer | 2,700 SF | $10.70 CAD | Net | Nov 2027 | |
| Holos Yoga | Arts, Entertainment, and Recreation | 2,900 SF | $11.14 CAD | Net | Jan 2027 |
Walk Score ®
Walker's Paradise (93)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0-1593 | Improvements Assessment | $169,290 CAD |
| Land Assessment | $83,904 CAD | Total Assessment | $253,194 CAD |
PROPERTY TAXES
Parcel Number
0-1593
Land Assessment
$83,904 CAD
Improvements Assessment
$169,290 CAD
Total Assessment
$253,194 CAD
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Holos Building | 1152 Commerce Ave
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