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1801 1st Ave
2,000 SF Office/Medical Condo Unit Offered at $567,430 CAD in Longview, WA 98632
Property Facts Under Contract
| Price | $567,430 CAD | Building Class | B |
| Unit Size | 2,000 SF | Floors | 4 |
| No. Units | 1 | Typical Floor Size | 4,000 SF |
| Total Building Size | 13,367 SF | Year Built | 1996 |
| Property Type | Office (Condo) | Lot Size | 1.57 AC |
| Property Subtype | Medical | Parking Ratio | 4.38/1,000 SF |
| Sale Type | Investment NNN |
| Price | $567,430 CAD |
| Unit Size | 2,000 SF |
| No. Units | 1 |
| Total Building Size | 13,367 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Sale Type | Investment NNN |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 4,000 SF |
| Year Built | 1996 |
| Lot Size | 1.57 AC |
| Parking Ratio | 4.38/1,000 SF |
1 Unit Available
Unit 2A
| Unit Size | 2,000 SF | Sale Type | Investment |
| Price | $567,430 CAD | Sale Status | Under Contract |
| Price Per SF | $283.71 CAD | Cap Rate | 10.58% |
| Condo Use | Office/Medical | NOI | $60,023.84 CAD |
| Unit Size | 2,000 SF |
| Price | $567,430 CAD |
| Price Per SF | $283.71 CAD |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| Sale Status | Under Contract |
| Cap Rate | 10.58% |
| NOI | $60,023.84 CAD |
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.
Unit 2A
Unit 2A
Unit 2A
Unit 2A
Unit 2A
Amenities
- Security System
- Signage
- Storage Space
- Air Conditioning
zoning
| Zoning Code | RF1 (Office Use Commercial) |
| RF1 (Office Use Commercial) |
Presented by
1801 1st Ave
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