717 Vandercook Way, Longview, WA 98632
- $2,400,000
Listing courtesy of Woodford Commercial RE.
- List Price
- $2,400,000
- Status
- ACTIVE
- MLS#
- 2199336
- Price Change
- ▼ $50,000 1770336689
- Days on Market
- 895
- Internet Provider
- Multiple
Property Description
Ideal income office/retail building now available for sale! This two-story building features approx. 11,562 SF spread over 7 total spaces, has a large parking lot, rear parking easement, and has one of the best corner locations for excellent signage and visibility. A majority of the spaces have been tastefully updated over the past 5 years. This property is offered at a 7.0% CAP Rate with great potential upside. This building has had historically low vacancy and potential for rent increases upon lease renewals. This would make an excellent addition to your portfolio, so call today to get more information on this property.
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Additional Information
- Community
- Longview
- Style
- 75 - Retail
- Year Built
- 1935
- Roof
- Torch Down
- Tax Year
- 2026
- Potential Terms
- Cash, Conventional
- Flooring
- Laminate, Carpet
- Driving Directions
- I-5 North, Exit Allen St Turn Left, Turn Left on 8th Ave, Turn Left on Vandercook Way, Property is on Your Right.
- Energy Source
- Electric
- Net Operating Income
- $168,571
- Gross Adjusted Income
- $168,571
- Gross Scheduled Income
- $178,506
- Cap Rate
- 7
- Vacancy Rate
- 5
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.