1003 Pacific Ave N $350,000

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    1003 Pacific Ave N Long Beach, WA 98631

    • 0.34 Acres
    • Commercial/Industrial
    Listing# 1151988 | Active

    $350,000

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    Days On Market: 786 0 Views
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    Property Details

    Well established Commercial building with excellent rental history. North Long Beach. Long term tenants want to continue their business. Well built building with commercial kitchen, restaurant, paved parking, covered deck and great exposure to Pacific Way in Long Beach WA. Present owner is ready to retire and turn this turn key income property over to the next entrepreneur.

    • General Features
      • County Pacific
      • Zoning Class Commercial
      • Zoning Jurisdiction City
      • Style 60-Comm Bldg Und 10K
      • Approx Building SqFt 5,000
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 0
      • Total Uncovered Parking 0
      • Total Covered Parking 0
      • Lot Dimensions 100X150
    • Building Features
      • Exterior Wood
      • Foundation Slab
      • Roof Composition
      • Floor Covering Concrete, Wall-to-Wall Carpet
      • Features Signage Included
      • Heating and Cooling Wall
      • Ceiling Height 8
    • Property Features
      • Lot Square Footage 15,000
      • Depth of Lot 150
      • Site Frontage 250
      • Expansion Area Y
      • Environment Survey N
      • Water-Sewer-Garbage 0
      • Sewer Sewer Connected
      • Sewer Company City of Long Beach
      • Energy Source Electric
      • Power Company Pacific County PUD #2
      • Number of Available Pads 0
      • Pad Ready N
    • Financials
      • Free and Clear Y
      • Vacancy Rate 0
      • Total SqFt Rented 5,000
      • Total Monthly Rent $2,600
      • Gross Rent Multiplier 13
      • Cap Rate -NOI div LP 4.57
      • Gross Scheduled Income $27,600
      • Gross Adjusted Income $2,660
      • Total Expenses $11,575
      • NOI $16,025
      • Electrical Expenses $0
      • Tax Expense $3,790
      • Heating Expense $0
      • Insurance Expense $1,832
      • Annual Assoc. Dues $0
      • Other Expenses $5,953
      • Tax Year 2016

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    Neighborhood

    98631 (Long Beach) Demographics

    51Median Age
    231Population Density (per sq. mile)
    29%College Educated
    $40,250 Estimated Median Income
    1,200Estimated Total Home Owners
    525Estimated Total Renters
    70% / 30%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    3,595Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $191,500 Median Sales Price
    14 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $350,000
        6/28/2017 3:14:00 PM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.