Bought with ZNonMember-Office-MLS
$1,600,000
$1,700,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
2.33 Acres Lot
SOLD DATE : 12/06/2024
Key Details
Sold Price $1,600,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Longview
MLS Listing ID 2159938
Sold Date 12/06/24
Style 61 - Comm Bldg Ovr 10K
Year Built 1998
Annual Tax Amount $10,345
Lot Size 2.330 Acres
Property Description
Great value in this two-tenant warehouse investment property. There are two tenants with long term leases in place that occupy this 29,800 SF building that sits on approx. 2.33 acres. This building features multiple ceiling heights, multiple grade doors, two exterior dock high loading spaces, proportional office space, large parking area for easy semi-truck turning or parking, and much more. This property is offered at a 5.6% CAP rate with future upside with the annual rent increases in place. This would make a great addition to your portfolio. Call today for additional information.
Location
State WA
County Cowlitz
Area 407 - Hillside
Interior
Interior Features Concrete, Wall to Wall Carpet
Flooring Concrete, Carpet
Fireplace false
Exterior
Exterior Feature Cement/Concrete, Metal/Vinyl
Roof Type Metal,Torch Down
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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