1157 3rd Ave

    Longview, WA 98632
    • $3,900,000
    • STATUS: Active
    • ON SITE: 43 days
    • MLS #: 1562396
    UPDATED: 67 min ago
    $3,900,000
    • 0
      BEDS
    • 2.41
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1966
    County:

    School Ratings & Info

    Listing Courtesy of Rodman Realty, Inc.

    Description

    The Stanley Plaza office complex has always been highly sought after by office tenants throughout the Pacific Northwest. Newly remodeled buildings host professional office and warehouse tenants with 95 parking stalls. Together, they boast 100% occupancy with some tenants leasing their spaces for over 10 years. With roughly 43,800 SQ. FT of leasable office and warehouse space, this complex produces an impressive 7.4 CAP rate!

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Brantley Christianson Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-03-28T21:14:24.86.

    nw.brantleychristianson.com/homes/103224267

    1157 3rd Ave Longview, WA 98632

    • Price: $3,900,000
    • Status: Active
    • Updated: 67 min ago
    • MLS #: 1562396
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.41
    Acres
    1966
    Built
    Neighborhood:
    Longview
    County:
    Cowlitz
    Area:
    West Kelso Olympic
    Property Description
    The Stanley Plaza office complex has always been highly sought after by office tenants throughout the Pacific Northwest. Newly remodeled buildings host professional office and warehouse tenants with 95 parking stalls. Together, they boast 100% occupancy with some tenants leasing their spaces for over 10 years. With roughly 43,800 SQ. FT of leasable office and warehouse space, this complex produces an impressive 7.4 CAP rate!
    Exterior Features

    Building Condition Very Good Construction Methods Steel & ConcreteStandard Frame Exterior Cement/ConcreteStuccoWood Products Foundation Post & PillarPoured Concrete Loading 4-6 Bays Lot Depth 0 Lot Topography And Vegetation Level Roof FlatMetal Site Frontage 0 Style 73 - Office Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 95 Waterfront Footage 15000

    Interior Features

    Building Sq Ft 51044 Floor Covering Ceramic TileConcreteVinylWall to Wall Carpet Heating And Cooling Forced AirHeat Pump Office Sq Ft 33000 Total Sq Ft Rented 48000

    Property Features

    Assessed Value Improvements 1566680 Assessed Value Land 302400 Assessed Value Total 1869080 Assessed Value Year 2019 Available Pads 0 Bank Owned No Boundary Survey 7.40 Cap Rate N Commercial Features ElevatorSignage IncludedSprinkleredStorage Electrical Expenses 2651 Energy Source Electric Environment Survey Y EPSEnergy 0 Form17 Not Provided General Zoning Classification BusinessCommercial Gross Adjusted Income 371760 Gross Rent Multiplier 10 Gross Scheduled Income 371760 Heating Expenses 3000 Hers Index 0 Home Owner Dues 0 Insurance Expenses 17894 Net Operating Income 289521 Other Expenses 2400 Possession Closing Power Company Cowlitz Pud Power Service Amps 0 Right Of First Refusal No Sewer Sewer Connected Sewer Company City Of Longview Tax Amount 21068 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 0 Total Expenses TEX 0 Total Monthly Rent 30980 Vacancy Rate 0 Water Company City Of Longview Water Sewer Garbage 16851 Water Source Public Zoning Jurisdiction City

    Listing information © 2020 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Brantley Christianson Real Estate and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Brantley Christianson Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-03-28T21:14:24.86.

     
    Brantley Christianson Real Estate
    2005 SE 192nd Ave
    Camas WA, 98607
    Listing Courtesy of Rodman Realty, Inc.