Property Details
717 Vandercook Way
Longview, WA 98632
$2,400,000
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Property Overview
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.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Cowlitz
Neighborhood
Longview
Listed
Feb 14, 2024
Original Price
$2,450,000
Structure Type
Retail
Parcel Number
23850
Financial Summary
Cap Rate
7.00%
Net Operating Income
$168,571
Gross Scheduled Income
$178,506
Gross Rent Multiplier
14.24
Total Actual Rent
$14,892/mo
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
11,562
Total Units
1
Sq Ft Rented
11,562
Zoning
Commercial
Possible Use
Commercial
Lot Size
21,445 sqft
Year Built
1935
Exterior & Lot
Lot Size
0.49 sqft
Year Built
1935
Exterior Materials
Metal/Vinyl, Stucco, Wood
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Metal/Vinyl, Stucco, Wood
Community & Access
Directions
I-5 North, Exit Allen St Turn Left, Turn Left on 8th Ave, Turn Left on Vandercook Way, Property is on Your Right.
Location
City
Longview
County
Cowlitz
Coordinates
46.14558, -122.92376
Additional Information
Tax Year
2026
Possession
Array
Based on information submitted to the MLS GRID as of June 10, 2026 9:45 PM. 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.
