5708 Ocean Beach HwyLongview, WA 98632

For Sale
$1,600,000

Income-producing, multi-tenant commercial buildings.

Overview

Added:
Feb 3
Days on market:
39
This exceptional commercial investment opportunity in West Longview boasts two buildings on a 3.8-acre lot with 250 feet of high-traffic Ocean Beach Highway frontage. The property includes a 3,360 square foot commercial building currently leased to an antique store and a 2,940 square foot commercial/residential building with a shop, also occupied by tenants on a mix of long-term and month-to-month leases. The expansive lot offers ample space for commercial, RV, and boat parking, with 25 new parking spaces available for lease at $75 per month, providing additional income potential. The property's prime location and substantial road frontage make it ideal for a variety of commercial uses, presenting significant opportunities for future development. Current tenants provide a stable income stream, making this a compelling investment for those seeking a strong return. The property's versatility allows for continued operation under the current lease agreements or redevelopment to suit a buyer's vision. This is a rare chance to acquire a well-situated, income-generating property with significant upside potential in a thriving area. The existing infrastructure and ample parking provide immediate value, while the expansive lot allows for future expansion or redevelopment.

Property Details for 5708 Ocean Beach Hwy

Property type
Other commercial real estate
Year Built
1981

Location Insight

City
Longview
County
Cowlitz
State
Washington
Latitude
46.17317
Longitude
-123.0176
5708 Ocean Beach Hwy, Longview, Washington

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5708 Ocean Beach Hwy
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