www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33525477
33525499

1338 COMMERCE AVE, LONGVIEW, WA 98632

PY
WA 21011911
Windermere Commercial
Listed by Windermere Commercial
$7,700,000
3 days on market
Updated 2 days ago

The Bowers Building

Details
APN 00485
Property Type Retail, Office
Square Footage 45,455
Units 29
Cap Rate 7.60%
NOI $450,168
Lease Type NNN
Price per SqFt $161
Class B
Year Built 1926
Stories 4
Acreage 0.830
Ground Lease No

About This Property

Marketing description

• Rare opportunity to purchase a mixed-use building (office/retail) in downtown Longview.

• The Bowers Building is strategically located on the corner of Commerce Ave and Broadway St, which considered the historic “First and Main” for Longview’s commercial core.

• With approx. 47,700 SF of rentable space, the current tenant mix includes national, regional and local tenants occupying a variety of sizes with most occupying less than 5% of the GLA of the building.

• The property also features an 18,000 SF private parking lot in the rear of the building, which is a rarity in downtown Longview.

• The vacancy rate for office space in Longview currently sits below 5%, well below both the national average and the greater Portland area.

• Priced at $7,700,000 (or approximately $161/SF)

• Contact Listing Broker for current Rent Roll and Financials.

Listing Contacts

PY
WA 21011911
Windermere Commercial
Listed by Windermere Commercial

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$450,168.00
$37,514.00/mo

Valuation Metrics

0
DSCR
5.85%
Cap Rate
5.85%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Paul Young
License
21011911
Brokerage
Windermere Commercial - Northwest Living
Brokerage Phone
3602533600
Title
Managing Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591