Property Details
1953 7th Avenue
Longview, WA 98632
$3,499,999
Active
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Property Overview
If you're seeking exceptional cash flow, look no further. Pioneer Plaza presents a unique opportunity to acquire one of Longview’s premier state-occupied office complexes. This well-maintained building spans 13,950 SF across two floors, with convenient elevator access. Situated on 4 separate tax parcels, the property encompasses 51,130 SF of land. The complex underwent significant renovations in 2004 and 2019, along with multiple interior upgrades over the years. It boasts reliable long-term tenants and offers a strong, consistent income stream with an attractive 7.6% Cap Rate/Return. This is an outstanding opportunity to add a high-performing asset to your portfolio. Contact us today for further details.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Cowlitz
Neighborhood
Longview
Listed
Feb 27, 2025
Original Price
$3,599,999
Parcel Number
0334201
Tax & HOA
Annual Property Tax
$17,103
Est. Monthly Tax
$1,425/mo
Financial Summary
Cap Rate
7.60%
Net Operating Income
$267,079
Gross Scheduled Income
$322,945
Gross Rent Multiplier
10.84
Total Expenses
$55,866
Total Actual Rent
$29,912/mo
Building & Use
Total Units
3
Sq Ft Rented
13,396
Zoning
Commercial
Possible Use
Commercial
Year Built
1953
Exterior & Lot
Lot Size
1.18 sqft
Year Built
1953
Exterior Materials
Stucco, Wood
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Stucco, Wood Products
Community & Access
Directions
I-5 North to WA-432 and continue onto Tennant Way. Turn Right on 7th Ave and the destination will be on your left.
Location
City
Longview
County
Cowlitz
Coordinates
46.14396, -122.92378
Additional Information
Annual Taxes
$17,103
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 11:08 AM. 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, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
